Company Formations
Form a company online today from £24.99
Starting a new business is a big challenge for most people even if they have done it before. ActSmart have partnered with the Made Simple Group to ensure any budding entrepreneurs get their business structure set up correctly from day one.
Naming your business
The first thing you will need to do when starting a new business is decide upon a name, it's the first impression that could influence a potential customer. It is important to get the name right, so try to be creative and think about your target audience.
Once a name has been decided you will need to consider whether or not to become a Sole Trader or a Limited Company.
Sole Trader
This is the easiest way to operate a business if you are a one-person business, all the decisions are made by you and all of the profits are kept by you.
However, this also means that all the financial responsibility lies with you as well. Any debts run up by your business can mean that your personal assets (house, car etc.) are at risk.
Limited Company
A limited company offers protection of your assets in the event you get into financial trouble. Your personal liability is limited to the cost of the shares and your personal finance is kept totally separate from the business finance.
As a limited company it will also be easier to access bank lending and you can sell shares to raise finance.
Limited companies are often deemed more prestigious by suppliers and customers.
Use the calculator in the Business Support section to see what Financial implications there are before making a decision.
If you decide your business should become a Limited Company you will need to form your company, which can be done for as little as £24.99 using the form below.
About Made Simple Group
ActSmart Company Formations is powered by the Made Simple Group, one of the largest and longest standing company registration agents in the UK. They have formed over 150,000 companies via their online company formation system.
Form your company now
Using the form below is a quick and easy way of forming your limited company, the starting price is just £24.99 and you will receive:
- Online formation within 3 hours
- Full Trading Ltd Company
- Certificate of Incorporation by email
- Memorandum & Articles of Association
- Business start up pack
- Companies House £15 registration fee included in price
- Free online company name search
- Online admin portal to manage your companies
- £30 Google Adwords voucher
