incorporation
A company limited by guarantee is a not-for-profit business set up to serve social, charitable, community-based or other non-commercial objectives. Rather than distribute profits to members, guarantee companies typically retain…
What is a limited company?
A limited company is a form of business which is legally separate from its owners (typically shareholders) and those appointed to run it (directors). Its defining characteristic is limited liability, which we explain below.…
What is a company registration number (CRN)?
A CRN (company registration number) is a unique code that Companies House uses to help it quickly and correctly identify a company. A CRN is assigned upon incorporation, which means that limited companies and LLPs (limited…
Standard Industrial Classification (SIC) codes explained
When incorporating a company in the UK, you have to choose at least one SIC code, and sometimes as many as four. SIC codes form a classification system that tells Companies House what the company does. It is a structured system…
10 advantages of setting up a limited company
There are currently over 5 million limited companies incorporated in the UK. Incorporation is often preferred to a sole trader or general partnership structure for one or more of the following reasons:…
Your company formation checklist
Forming a company is no longer a time consuming or complicated task. We’ve streamlined company formation, creating a simple step by step online process that allows you to enter all your company details very quickly. And…
2024 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2023, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website