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A Team Of Award Winning Accountants That Can Help Your Business Flourish

Setting Up Limited Companies

Are you looking to establish your own limited company in the UK? Setting up a limited company can be a significant step towards formalising your business endeavours, providing legal protection, and enhancing your credibility in the marketplace. At Insight Business Solutions, we understand the intricacies involved in the process and are here to guide you through every step of setting up your limited company efficiently and effectively.

Why Choose a Limited Company Structure?

Setting up a limited company offers several advantages, including:

  1. Limited Liability: Shareholders’ liability is limited to the amount unpaid on their shares. This means that personal assets are protected if the business has financial difficulties.
  2. Credibility: Operating as a limited company can enhance your credibility among clients, suppliers, and investors, as it signifies a formalised and professional business structure.
  3. Tax Efficiency: Limited companies often benefit from tax advantages compared to other business structures, such as sole proprietorships or partnerships.

Steps to Set Up a Limited Company

  1. Choose a Company Name: Your company name is crucial to your brand identity. Ensure that it is unique, not already in use, and complies with the regulations set by Companies House.
  2. Registered Office Address: Every limited company must register in the UK and have a registered office address where official correspondence can be sent. This address will be publicly available. Additionally, part of the registration process is to register a company UK and its name.
  3. Director(s) and Shareholder(s): Determine who will be the director(s) and shareholder(s) of the company. A director manages the company’s affairs, while a shareholder owns a portion of the company.
  4. Memorandum and Articles of Association: These are legal documents that outline the company’s structure, purpose, and rules for internal management. They must be submitted to Companies House during the registration process.
  5. Company Registration: Once you have gathered all the necessary information and documents, you can register your company with Companies House. This can be done online or by postal mail.
  6. Obtain Necessary Licenses and Permits: Depending on the nature of your business, you may need to obtain specific licenses or permits to operate legally. Ensure compliance with relevant regulations.

Our Services

At Insight Business Solutions, we offer comprehensive assistance with setting up limited companies, including:

Company Name Research

We help you find an available and suitable company name that aligns with your business vision.

Company Formation

Our experts guide you through the entire company formation process, from preparing documentation to registering your company with Companies House.

Registered Office Service

We provide a registered office address service, ensuring that all official correspondence is handled promptly and professionally.

Ongoing Compliance Support

We assist you in meeting ongoing compliance requirements, such as filing annual accounts, returns with Companies House and UK company registration check.

Limited Company Accounts

Get Started Today!

Ready to set up a limited company and unlock new opportunities for growth and success? Contact Insight Business Solutions today to speak with our experienced advisors and take the first step to register a limited company and establishing your business presence in the UK.

TESTIMONIALS

Don’t just take our word for it that we’re capable of making real change, let our clients convince you too.

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“Alison and the teams ongoing help has enabled me to achieve my goal, as I’m now a successful business owner.”

Clark Property Improvements

Managing Director
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“Alison and her team are very approachable and have enabled me to grow the business and focus on what I do best.”

Escape Spa MCR

Owner - Lisa Ryan
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“After many bad experiences with accountants I was recommended to use Alison at Insight and haven’t looked back!”

Little Bolton Town Hall

Owner - Rebecca Brayshaw
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“Alison and the team at Insight are a crucial part of our business. They have taken the time to really understand our objectives, both for the business and personally, and to work alongside us to ensure our plans for both come to fruition. Not coming from a finance background ourselves, we used to find the accounting part of running a business daunting, but Alison and the team are so down-to-earth and approachable, and slot into our team seamlessly. They explain things in a way that is understandable and are always on hand if we need them.”

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“To Alison and the team I would like to take this opportunity to thank you for the work you have done for me as a sole trader this past year. You are always there to help with advice and offer a prompt service. I’m so glad I chose to move from my previous company to Insight Business Solutions.”

Steve Tyson

Sole Trader
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CONTACT US

We offer something for everyone, no matter your background, so if you’d like to get in touch our team have the resources to help!

CONTACT US

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34 All Saints’ St
Bolton
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