Company Formation
Going limited? We handle everything from Companies House registration to setting up your accounting structure, so you start trading compliantly from day one.
Should you go limited?
Incorporating as a limited company is one of the most significant decisions a self-employed person can make. Done at the right time, it can reduce your tax liability significantly, limit your personal liability, and give your business a more professional image. Done too early, or structured incorrectly, and the benefits may not outweigh the additional compliance costs.
We'll start with an honest assessment of whether incorporation makes sense for you right now, based on your current income, future plans, and personal circumstances.
What's included
- Honest advice on whether incorporation is right for you
- Companies House registration (incorporation) handled on your behalf
- Choice of company name guidance and availability check
- Memorandum and Articles of Association
- Confirmation of directors and shareholders
- Share structure advice (including alphabet shares for family members)
- Registered office address service (if required)
- Corporation tax registration with HMRC
- VAT registration advice and application (if applicable)
- PAYE scheme set up with HMRC
- Business bank account referral
- Cloud accounting software setup
- Handover briefing, what you need to do as a company director
The tax benefits of going limited
For higher-earning self-employed people, incorporation can offer substantial tax savings:
- Corporation tax rate (currently 19-25%) is often lower than income tax rates
- Directors can pay a small salary (below the NI threshold) and draw the rest as dividends, reducing National Insurance significantly
- Profits can be retained in the company and drawn in future tax years, allowing income to be smoothed for tax purposes
- Greater pension contribution flexibility through the company
We'll run the numbers for you before you decide, so you know exactly what the financial benefit (or cost) of incorporation will be in your specific situation.
Your obligations as a director
Running a limited company comes with legal responsibilities. As part of our company formation service, we'll brief you on everything you need to know, from filing deadlines to the legal duties of a company director, so nothing takes you by surprise.
Ongoing support from day one
Most clients who use our company formation service go on to take our ongoing accounts package, giving them complete peace of mind from incorporation onwards. Book a free call to find out more.
After formation
Frequently asked questions
Should I go limited or stay a sole trader?
It depends on your profit level, future plans and personal circumstances. Incorporation often pays off once profits reach a certain level, but it also brings extra compliance costs. We give you an honest, numbers-based answer before you decide, see our sole trader to limited company guide.
How long does company formation take?
Companies House typically incorporates a straightforward company within 24 hours once the application is submitted. We handle the paperwork, name check and structure decisions before submission so there are no delays.
What's included in the £175 formation fee?
This covers the Companies House registration fee, your Memorandum and Articles of Association, share structure setup, corporation tax registration with HMRC, and a handover briefing on your responsibilities as a director.
Do I need a registered office address?
Yes, every UK limited company must have one, and it appears on the public register. If you don't want to use your home address, we can provide a registered office address service as part of formation.
What happens after my company is formed?
Most clients move straight into an ongoing accounts package so their year-end accounts, payroll and bookkeeping are covered from day one, rather than starting to think about compliance only when the first deadline arrives.
Ready to take the next step?
Book a free consultation and we'll give you an honest, numbers-based view of whether going limited is the right move for your business.