Company Formation Service
Start your business journey with our Company Formation Service and easily register your company in the UK. Our company formation packages offer expert guidance, making the registration process smooth and stress-free. Whether you’re a startup or an expanding business, our affordable company formation solutions ensure you’re set up for success from start to finish. In addition, we provide ongoing support to help you navigate every stage of your business journey. As a result, you can focus on growth while we handle the complexities of formation.
Register a company in 4 simple steps
Leading the Way in Company Formation
As a result of our continuous improvement strategy, we have successfully developed our company formation process into the market leader it is today. Through ongoing innovation and careful adaptation to market needs, we provide businesses with an efficient and reliable service they can trust.
1. Company name
Enter your preferred company name into our company namechecker to find out if it is available to use.
2. Choose a package
Simplify your business with company formation packages. Get expert guidance, step-by-step support.
3. Checkout and pay
Proceed to the checkout page and pick up any additional services and free offers you require.
4. Complete details
Enter your company details, including your registered office address, directors and share holdings.
Which Company Types Can Be Registered in the UK?
When starting a business in the UK, choosing the right structure is vital. We assist with limited company formations, registration of Limited Liability Partnerships, and Companies Limited by Guarantee. Each option has pros and cons.
Sole Trader
A sole trader is an individual selling goods or services. For example, a market-stall holder owns and manages the business alone. However, they carry unlimited liability for all aspects of the business. As a result, the owner is personally responsible for any debts or losses incurred.
Advantages:
- No registration needed to start trading, but must register as self-employed with HMRC (if earnings exceed £1,000).
- Complete control and decision-making authority.
- All profits belong exclusively to the sole trader.
- Very simple to set up.
Company Limited by Shares (Ltd)
A company limited by shares is an entity in which the business is owned through shares. Typically, it is operated by at least one director and one shareholder, who may be the same person. Moreover, this structure limits personal liability, protecting owners' personal assets from business debts.
Advantages:
- Separate legal entity, protecting personal assets of the directors and shareholders.
- Shareholders have limited liability, exposing them only to the amount invested.
- Can raise capital through the sale of shares.
- Enhanced professional status and credibility.
- Very simple to set up.
Company Limited by Guarantee
A company limited by guarantee involves members, not shareholders, and liabilities are limited to amounts which members agree to contribute. Typically used by clubs, societies and non-profit organisations.
Advantages:
- Members' liability is limited to the amount that they agree to contribute.
- Suitable for non-profits, charities and clubs, where raising capital through shares is not ideal.
Limited Liability Partnership (LLP)
An LLP is a partnership structure in which two or more partners have limited liability, meaning they are not personally liable for the financial obligations of the partnership beyond their contributions.
Advantages:
- Separate legal personality, protecting partners' personal assets against business debts.
- Flexibility in management and the distribution of profits.
- No corporation tax: Partners are taxed individually.
- Suitable for professional services firms with multiple owners.
Benefits of Our Professional Company Formation Service
Choose Uniwide Formations for easy UK limited company registration. We are a
company formation agent that you can trust.Because Our products and services give you more benefits than if you went to Companies House directly.Choose Uniwide Formations for easy UK limited company registration. As a trusted Company Formation Service provider, we offer more benefits than registering directly with Companies House. Our expert services ensure a smooth, hassle-free setup with added advantages to support your business growth.
Expert Help with Company Setup
If you need help with your company formation, our team is ready to assist. In fact, we’ll guide you through each step — from choosing the right business type to selecting a SIC code. Moreover, we offer ongoing support to help you confidently manage your business. As a result, you’ll be ready to launch and grow with ease.
Pre-submission Review for Effortless Company Formation
Our team can check your company formation application for mistakes and fix them. This will make it more likely that Companies House will accept it. It reduces the chance of your incorporation form getting rejected.
Multiple Share Classes
Create a limited company with different classes of shares, each with various rights. For instance, you could have shares that give the holder the right to vote at shareholders’ meetings and shares that do not.
Fast Company Incorporation Services
Submit an order, and we will give you a Certificate of Incorporation and a Company Registration Number within 3 to 24 hours. Moreover, thanks to our electronic company registration technology, we can offer you the quickest service possible.
An Easy Way to Open a Business Bank Account
Pick a free bank account or additional perks from our partners.So Select any of the offered banking choices when ordering your company formation.
Order your company by telephone
If you are not confident in forming a company on your own, contact our friendly team and we will complete your order by telephone.
Frequently asked questions...
What type of company structure is most commonly chosen by UK businesses?
Private limited companies account for over 95% of all companies registered in the UK. An overwhelming majority of these are private companies limited by shares, making this structure the most commonly used company type.
Why should I form a limited company?
The main benefit of forming a limited company is the protection provided by limited liability. This means if your business runs into financial trouble, your personal assets will not be at risk. Other benefits include enhanced credibility and tax efficiency. Overall, choosing a limited company structure can offer greater security and growth opportunities for your business.
What is meant by a company limited by shares?
A company limited by shares is the most common type of limited company in the UK. ‘Limited by shares’ simply means the liability of the owners is limited to the nominal value of the shares issued by the company. Shareholders are only liable for the company’s debts up to the amount they have invested, which helps protect their personal finances during company operation.
How long does it take to register a company?
It usually takes up to 24 hours to form a company with 1st Formations; however, this is dependent on Companies House workload on the day, and it can take longer. To expedite your company registration, ensure you have all necessary information ready for submission.
Can I register a company on my own?
Yes. One person can form a limited company in the UK. One individual can serve as both the director and the shareholder (owner) of the company.
Do I need a business bank account?
There is no legal obligation for a limited company to open a business bank account; however, in practice it is almost impossible to operate without one. A limited company is a separate legal entity from its owners; therefore you should keep your personal and business finances separate.
How many shares do I need to issue?
A limited company must issue at least one share. If there is more than one shareholder, it is required to issue at least one share per shareholder. It is often recommended to issue more than the minimum number of shares to avoid the need to issue more in the future.