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LBG Basic Pack
LBG Plus Pack
Select any of the above option and place your order.
Companies Limited by Guarantee (LBG) are usually set up by non-commercial organisations such as user groups, trade associations, social clubs and co-operatives.
Please note the following:
Articles of Association:
The articles of association are the written constitution of the company and set out how the company will be run. The Articles are agreed by the company’s founding members (alternatively known as guarantors or subscribers).The following sets out the key features of the Articles of Association we supply with this product:
When you make your application with us, you will be asked to decide the following:
Annual Compliance Requirements:
General Compliance Matters:
All limited companies are governed by the regulations of the Companies Acts 2006, and the directors of your company will need to ensure compliance with that Act. In particular:
Articles of Association:
The company can agree to change the Articles of Association. The new Articles and the Resolution adopting the amended Articles will need to be sent to Companies House.
Changes in Membership:
The company can admit new members. They will not appear on the original Memorandum of Association but, they will have the same rights as the original members.
Naming your LBG:
Companies House have rules about the names that companies can be given. The rules ensure the public are not misled about a company. A list of sensitive and regulated words are published on their website. Their website also states what evidence should be provided with an application in order to have a name approved. If you are using a sensitive word, our system will allow you to upload the supporting evidence with your application.
The following is a sample of words that are more commonly used in the names of LBG companies which require additional information before Companies House will accept them:
Association, Benevolent, Charity, Charitable, Commission, Community Benefit Society, Co-operative,Council, Federation, Foundation, Friendly Society, Fund, Institute, Society
More information about supporting evidence is given on the Companies House website:There is a provision in the Companies Act that allows for the omission of the suffix” LTD” or “Limited” from a company’s name. Companies taking advantage of this exemption are sometimes called “S30” companies referring to the provision in the 1985 Companies Acts. The provision is now replaced by S60 of the 2006 Companies Act.
To qualify for exemption from using the suffix ltd or limited from your company name your Articles of Association need to:
This package allows you to take advantage of the limited exemption provision by providing you with Articles of Association that you can edit during the application process. You will be asked to download the articles and insert the objects of your company at clause 4.1.1 . A simple sentence setting out the objects of your LBG will be sufficient. Once you have done that you will be able to upload the edited version which will be submitted with your application to Companies House.
Please note the following:
When you make your application with us, you will be asked to state the following:
Obtaining Charitable status:
To be a charity a company needs to be registered with the Charity Commission. LBGs are a suitable structure for a charity but the Articles of Association we provide need to be amended.
Annual Compliance Requirements:
General Compliance Matters:
All limited companies are governed by the regulations of the Companies Acts 2006 and the directors of your company will need to ensure compliance with that Act. In particular:
Articles of Association:
The company can agree to change the Articles of Association. The new Articles and the Resolution adopting the amended Articles will need to be sent to Companies House
Changes in Membership:
The company can admit new members. They will not appear on the original Memorandum of Association but, unless the Articles state otherwise , they will have exactly the same rights as the original members.
Naming your LBG:
Companies House have rules about the names that companies can be given. This is to ensure the public are not mislead about a company’s bonafides. A list of sensitive and regulated words are published on their website. Their website also states what evidence should be provided with an application in order to have a name approved. If you are using a sensitive word, our system will allow you to upload the supporting evidence with your application.
The following is a sample of words that are more commonly used in the names of LBG companies which require additional information before Companies House will accept them.
Association, Benevolent, Charity, Charitable, Commission, Community Benefit Society, Co-operative,Council, Federation, Foundation, Friendly Society, Fund, Institute, Society
More information about supporting evidence is given on the Companies House website:
Becoming a registered charity:
It will be possible for your LBG company to be registered with the Charity Commission. In order to do so you will have to:
LBG Basic Pack
Buy Now £24.99 +VATLBG Basic Pack
Buy Now £24.99 +VATJust like most formation agents, we use a third-party software system that links our orders directly to Companies House. Once your order is placed, it is automatically forwarded to Companies House. The time taken is entirely dependent on Companies House’s workload. Companies House will normally complete your application within 1 working day. In unusual circumstances, Companies House systems can be interrupted and take more than a day to resolve, but this is very rare.
There is no requirement to specify the objects of your company or the nature of your trade in the articles of association (constitution) of the company. However, you will be asked to provide a SIC (Standard Industrial Classification) code when you make your application. A drop-down list of all the available classifications is available at the appropriate juncture in the application. You only need to select one code, and it should be the code that is the most accurate. It is very rare to find an exact SIC match, so use a general SIC match if that is all that is available.
We offer a discount to first time buyers who wish only to buy a basic limited company formation. The basic price is always published and clearly stated but will vary from time to time. There are never any hidden charges. There is a selection of more expensive packages, and there are extra services you can buy. We charge for all the extras, but they are entirely optional.
You need a shareholder and a director. The shareholder and the director can be the same person, so a company can be formed with just 1 person. Shareholders are the owners of the company while the directors are the people responsible for managing a company. The director must be at least 16 years of age.
You do not need any documents to form a company, and the entire process is online. Our systems generate and submit forms IN01 and the Memorandum and articles of association on your behalf when you complete your order.
Subject to specific rules, you can use any company name, provided it does not already exist or resembles another company name on the Companies House Register. Our name search box is linked to Companies House and will advise you if your proposed name is available.
We are a member of ACRA, the Association of Company Registration Agents. ACRA is the trade body of company formation agents, founded to promote good practice and provide a forum for its members.
Our membership is a statement of our commitment to the professional standards promoted by ACRA and our fellow members.