Need Help?
Call 020 7554 2220

 

Frequently Asked Questions on setting up & running a company

 

What are the types of Companies you offer on your Website?

How many officers (Directors and Company Secretary) does my company require?

Are there any restrictions on the name of the company I can choose?

Do I need a registered office?

What are the Memorandum and Articles of Association of a company?

What share capital is required?

How long will it take to do my business incorporation?

Do I need a company seal?

Are the first meeting minutes provided?

Do I need share transfer forms?

What forms will I need to complete?

What is the accounting reference date?

Company formations - quick answers

Is a company secretary required?
Yes. Stanley Davis Group can supply this service.

Am I able to buy a company in a packaged format as though 'off the shelf'?
Yes, these are called readymade companies.

Am I able to buy a company with a clean history?
Yes, Stanley Davis are able to offer a range of 'Vintage' readymade companies

Are licenses required to start a company?
Yes, but only for certain specific groups such as banks or financial companies

How much does it cost to submit an annual return to companies house myself?
£15.00 electronically or £30 via paper based Stanley Davis Group are able to offer this service as part of an annual maintenance package.

What types of companies can be formed in the UK?
There are many, however the most common types are:
Private Limited Company (LTD)
Public Limited Company (PLC)
Company limited by guarantee (e.g: charity)
Unlimited Company
Limited Liability Partnerships (LLP)

Can proxies be appointed?
Yes, to act as representative at Annual General Meetings and/or Extraordinary General Meetings.

What currency can my share capital be in?
Any however the usual is pounds (£) sterling.

How many officers / shareholders / directors do I need to have?
Directors: minimum of one Director

Can the company act through power of attorney?
Yes.

Are there any special requirements regarding the company secretary?
No, not for a Limited company. For a PLC the Secretary has to be qualified within the provision of section 286, must be a member of a recognised UK professional body. Stanley Davis Group are able to supply this service.

How long does it take to form a company?
By using the Stanley Davis online formations system or Stanley Davis Same day formations service you could have a company formed the same day.