scrappydog

Anyone had experience starting a UK Limited Company?
The company will be a consultancy company with a half dozen people in it. Is it worth using one of the Internet based services?

Cheers,

Andy

SinghSuperStud

iTrader: (2)

Hi !

Buy yourself a copy of the Exchange & Mart Business edition / section and look up company formations. Cheapest is about £39 with more expensive ones offering more options but remember only certain things are needed and these are normally provided in the basic packages :

certificate of incorporation
articles of association
memorandum
share register

if ytou want some more information then just drop me a mail on here or on jai@air-tel.co.uk

thanks, Jai

Devil's Refugee

I got myself an accountant and he did the work for me.
You can specify a name or just "buy" one off the shelf that have been preregistered.
It's fairly straightforward.

scrappydog

anyone used uk-plc.net?

carl

I used this lot: http://www.companyregistrations.co.uk/

Gidney&Knowlesy

Yep as you probably know Xtreme started up recently....

*Contact an accountant
*Buy a package off the shelf
*Pay about £500 in total for accountants time and name at Companies House
*Produce a business plan, the best I found was Lloyds TSB easily laid out and in a good easy to use format
*Prepare a powerpoint presentation using the above info collated
*Speak to bank manager for loan; or business set up
*Ask about opening account (chase the accountant to get the company name registered) including cheque books, paying in slips and the SWIPE machine if needed
*Look at wheteher the directors will put money into the company account (then write cheques for the start up costs)or they pay from their own account
*Ensure all bills are kept as in 3 months time you can claim the VAT back (accountant will advise here)
*Look at what PC & packages you will need, research, research
*Stationary, work wear, prmotional tools items and ensure BT sort the phone lines
*You may need red care to protect the building

Plenty to start with.........

Coopz

All that and contact your local business link they will give you all the free advice you need and explain the pro's and con's of trading as a ltd co, it may not actually be the best option for you.
www.businesslink.org

Type in your postcode and it'll give you contact details.

Alpine99

scrappy dog.. I used them.. ultra efficient..

bigsinky

yep easy as pie. when to a local company starter upper and he did all the work £150 quid inc VAT. accountant does all the tax, accounts, VAT etc. (well i really do them, he just puts his name to them). i tell ya the amount of homers and odd computer fixer uppers that i did as favours for ppls dried up when i told ppls it would be £30 +VAT per hour

cheers

big sinky