Forming your new company with Future Formations will be as easy as
A B C
Choose your company name.
Choose your company structure and your package.
Complete the payment and registration form.
• Build reliability
• Privacy and protection (your home address will not appear in public).
• Circumvent spam/marketing emails
• Prevent disruption
• Stay away from expensive rental agreements
Choose your company name, put a space, and end your company name with
LTD, LBG, LLP, or PLC (depending on what structure you want), and click on check.
As you can see, I have chosen our company name for you to see what happen when a
company name is not available; when this happens, try to type an alternative name.
This is how it should look like. Congratulations! Solros LTD is available; just save & continue.
Choose your Company structure. In this case, I will choose LTD.
Fully Inclusive package + Print
Complete the payment.
All prices are included VAT. In addition, you can add optimal extras, which will be added to your shopping cart before you check out.
Fill in all your details.
This is your card payment. All the information required are your personal details, like your card details and address etc. You can also see what’s included in your order.
Suppose you want to change your company name. You can do this now, but don’t forget to click the green button to check if the name is available or not.
You can also change jurisdiction to Scotland. Again, it’s your choice, but remember if you do so, your Register office Address need to be in Scotland. Most companies prefer to have jurisdiction and Register Office Address in England & Wales.
Choose your SIC – code.
The SIC Code is your business activity (means what kind of business you have). You need to select at least one SIC code but can choose up to four.
Click on the arrow for a category. For example, if you select All, it will appear a filter, and you can type a keyword, i.e., takeaway.
You have categories from A – U to select from; click on one of them and select your code.
When you selected a SIC – Code, it will show on the right side with a red cross; this is correct because you should be able to remove it if you chose the wrong one.
*SIC Code for Dormant company is 99999.
I have decided to open a shop to sell juice and fruits and have chosen four different SIC – Codes, as you can see below.
. Registered Office Address
Registered Office Address is the address you want your mail to be forwarded to; if this is your home address, you fill in your home address; if the mail should go to your accountant or somewhere else, you fill in that address.
We only scan mail to your email address; however, we need to post some mail, i.e., if we got a cheque from HMRC or something else, we can’t scan. Click on “Choose Forwarding Address”, and then save and continue.
Fill in your forwarding address, start with the postcode to find your address
Trading Address/Business Address
The next part is to select the Trading Address/Business Address, the address you want the general and business letter to be posted to. If this is the home address, you fill in your home address; if the mail should go to your accountant or somewhere else, you fill in that address.
We only scan mail to your email address; however, we need to post some mail, i.e., if we got a cheque, Bank Card, parcel or some other mail we can’t scan, click on “Choose Forwarding Address”. You don’t need to write the address again; you just select it; however, you need to type a new one if you want your business address to go to an alternative address. Choose Forwarding Address”, and then save and continue.
Adding an officer to the company; we have chosen an
company, so we need to add at least one
and at least one
, it can be the same person, or it can be two different people.
If the company is a
Limited by Guarantee (LBG)
, you chose
Director and a
, and If it’s a
Limited by Guarantee (LBG)
, you have only
in a partnership; you need to have at least two members.
This is to fill in if the shareholder is a person
This is the option if the shareholder is a company
Other Legal Entity
That person could be a company, limited liability partnership, or any other entity recognised by law as having its own separate legal existence.
Add an officer
We will have a Limited by Share company with two people as shareholder’s and director’s, so we press person.
You will need to choose the different appointments that this officer will hold at the company from the below list:
Selecting the appointments will update the other sections on the page to enter the necessary details related to the specific appointment. You don’t need to choose Secretary if you don’t want to. It’s only a requirement for a Public Limited Company (PLC).
Please fill in the details for the first officer:
Don’t forget to fill in your home address; if you have chosen our Officer Address Service, your home address will not appear in public.
*You are not allowed to use any business premises.
Nature of Control
This section will only be present if the officer will hold a “Shareholder” appointment at the company.
We will have two shareholders in this company, and they will be equal. I will only fill the top part (we will not fill in the part for Firm or Trust).
*A trust or firm controls your company without ‘legal personality. This condition will only apply in limited circumstances.
If the trust or firm meets any nature of control, you’ll need to record all trustees or members/partners of the firm as PSCs of your company.
Ownership of Shares
You can choose between:
More than 25% but not more than 50%
More than 50% but less than 75%
75% or more
*Because we are equal, I will choose:
More than 50% but less than 75%., and this means that each person owns 50% of the company.
You can choose between: N/A More than 25% but not more than 50% More than 50% but less than 75% 75% or more
*It’s the same here, because we are equal, I will choose:
More than 50% but less than 75%.
Appoint or remove the majority of the board of directors. No Yes
I will choose yes for the same reason as above.
The customer must choose either the first three options or the last option.
The company director will have mail sent to him from HMRC and Companies House as well.
We only scan mail to the director’s email address; however, we need to post some mail, i.e., if we got something from HMRC or Companies House that we can’t scan. Click on “Choose Forwarding Address”.
The customer will need to enter the details below for each shareholding that they wish to assign to the officer:
This is the specific class of the shareholding; multiple shareholders can hold the same class (you can choose class A, B, C and D, A is the most common (if you are not sure you need to seek professional advice).
This is the price of each share of this class that the customer assigns to the shareholder.
This is the currency of the shares of this class that the customer is assigning to the shareholder.
These are the particulars of the class that the customer is assigning to the shareholder.
You can add multiple shareholdings to the same shareholder using the “Add Holding” button (if you want both A and B shares).
You can have a different class of shares, which depends on what kind of company you are going to have. If you are unsure of what to do, you need to seek professional advice.
You can have as little as one share as a shareholder. Company shares are in the form of cash, which is paid into the company’s bank account. Do never put too many shares into your company; you can increase shares later, but you can't reduce them.
Nancy Smith is a shareholder, director and a Person with Significant Control, and holds one share with the amount of £1.
We will add the second officer in the company, which will be equal as well.
Press person again and repeat the same procedure you did for the first officer.
After you have created the second officer, check that everything is okay; if something is incorrect, please click on the green button to edit, and change the details. Press next until to the end, and then save.
If you at this stage have decided to be the only officer in the company, you can remove one officer.
The article of association is a document that, along with the memorandum of association, forms the company’s constitution, defines the responsibilities of the directors, the kind of business to be undertaken. If you do not have any specific rules in your company, you can choose the
Generic Limited by Shares Article. Please select your article.
If you supply your own bespoke custom articles, you might need to seek professional advice and upload it to the application.
We have the options to add a business bank account; you have several options to choose between;
if you are an overseas customer, you cannot take advantage of our high street banks as Lloyd’s or Barkley’s Bank. However, you have other options like TransferWise or HSBC. Unfortunately, you need to contact them by yourself.
I will select Tide Bank. This option is your choice; you don’t need to select anything here if you don’t want to.
You can choose a call answering service from three months up to twelve months; this option is also your choice. You don’t need to select anything here. I will add a Telephone answering service for three months, just for you to see how it looks at the end of the application.
This is your application summary page; read through the whole page and check if all your details have been provided correctly; if not, click on the green button next to what you want to correct. It will take you back to the page so you can amend it.
Observe; this is only the summary, and this is the last page where you can correct your details. All details provided here are what comes out on your document and as your record at Companies House.
*Observe: It is very important after you made your amendment that you save and continue until you are back to the review page; otherwise, your information will not be saved.
This is the last page of your application for your order and your payment detail page. If you added optimal extras, it would appear here.
If you have ordered hard copies and want them to be sent to an alternative address, please change the address.
Select your name and email address as well.
We choose Tide bank in the application, and of course, they want our details. Once again, you need to select your details because we do not share any information with a third part company.
• Tick in the box to consent to give your information to Tide Bank.
• Tick in the box and agree to term and conditions, and check out.
You will now receive your order reference number; keep the number. It will be helpful if you need to get in touch with us.
What's happen next:
As soon as we have received your application, we will send out an email to you; we will ask you to provide ID and proof of address for all the officers in the company; the document will be uploaded and verified in an app called Credas.
As soon as you have passed your ID verification, we will submit your company to Companies House, and it will be incorporated within 3-8 working hours.
If you would like more information, please contact our customer engagement team who would be delighted to assist you further.