How to Register with Companies House as a Limited Company
If you’re planning on setting up a private limited company or a limited liability partnership then you’re going to need to register with Companies House. Many people avoid setting up limited companies because they’re worried that it’s a lengthy or difficult process. And in all seriousness, it can be. However, we’re going to walk you through the basics of registering a business with Companies House.
Who Can Register with Companies House?
There are a few boxes you need to be able to tick before you can register your business with Companies House. This all depends on whether you’re registering as a private limited company or a limited liability partnership (LLP). In this guide we’re going to focus solely on setting up a private limited company. We will have another guide detailing LLP procedures and their differences very soon!
Private Limited Companies
If you wish to incorporate a limited company online then you must be able to tick the following boxes:
- The company is private and limited by shares
- It has model articles of association
- Your company name doesn’t include any words you may need permission to use
We will go through each of these in more detail further on.
On top of this, you will need to have the following ready before you can apply:
- A company name and address
- At least one director and one shareholder for the company
- A memorandum of association
- A statement of capital
- Articles of association (as mentioned above)
- Details of those who have significant control over your company (ie, those with voting rights or over 25% in shares)
- SIC code – Standard Industry Code
Seems quite complex, right? Luckily, we’re going to go through what each of these mean in more detail.
How to register with companies house as a limited company – Next up: Company name, address and directors…