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.
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