Welcome to the website of Company Formations Ltd, the quick and convenient way to create a brand new limited company. We will guide you through the process of incorporation, keeping it simple and keeping it jargon-free. From here you can:
- Originate the Company Name
- Appoint the Directors
- Appoint the Company Secretary (if required)
- Appoint the Registered Office
- Allocate shares to the new owners
Registration will be completed within 24 hours, documentation will be despatched to you by Email; or by Hard Copy in the Post; or by both Email and Hard Copy if preferred.
If you are unfamiliar with any of this terminology or if you simply prefer to discuss your requirements then call us on 029 20 66 65 64
, we have experienced personnel to offer advice.
The principle benefit of being a limited company is the protection it gives to the shareholders and directors of their personal assets, their liability is limited to the amount they have invested into the company by purchasing company shares.
In the event of company failure, creditors will be entitled to a share of the assets of the company. They have no access to the personal assets of the shareholders or directors. This legislation is specifically designed to protect and encourage business entrepreneurs.
One note of caution, any illegal commercial activity by any one of the directors can result in the removal of limited liability by the courts, thereby exposing their personal assets to creditors.