Limited Company Registration
Sterling finance provides complete service to register a limited company. All you need to do is visit us and sign necessary forms. Generally within 48 hours of submitting forms, a Limited Company is ready to start trading. You will receive following legal documents:
The certificate of incorporation is conclusive evidence that the requirements of the Companies Act 2006 as to registration have been complied with and that the company is duly registered under this Act. The certificate will state:
the name and registered number of the company;
the date of its incorporation;
whether it is a limited or unlimited company, and if it is limited whether it is limited by shares or limited by guarantee;
whether it is a private or a public company; and
whether the company’s registered office is situated in England and Wales, Wales, Scotland or Northern Ireland.
The certificate must be signed by the registrar or authenticated by the registrar’s official seal.
Articles of Association
A company’s articles of association are its internal rule book, chosen by its members. Every company is required to have articles, which are legally binding on the company and all of its members. The articles help to ensure the company’s business runs as smoothly and efficiently as possible and will set out how decisions are taken by the members and directors as well as various matters connected with the shares.
The articles cannot contain rules that are against the law. Provided the members observe this general principle they have complete freedom to choose which rules are included in the company’s articles, although they may find it convenient to rely on model articles as a default position. If the members decide to draw up their own rules as bespoke articles they may wish to obtain professional advice before proceeding.
On incorporation your company can adopt model articles in entirety, model articles with amendments or it can draft its own bespoke articles.
Memorandum of Association
The memorandum of association confirms the subscribers’ intention to form a company and become members of that company on formation. In the case of a company that is to be limited by shares, the memorandum will also provide evidence of the members’ agreement to take at least one share each in the company.
Under the Companies Act 2006, the memorandum is a much shorter document because all the constitutional rules of the company are contained in the articles of association (see question 9). Consequently, the memorandum serves a more limited purpose and once the company has been incorporated, it cannot be amended.
In the UK, the expression ’company register’ generally refers to one of two things:
A set of company records (including various company registers), which all companies registered under the Companies Act 1985 in England, Wales or Scotland are required to have (and sometimes, people even refer to a mere folder/’book’ which has the purpose of containing company register documents as as being a ’company register’ or ’company register folder’).
Also some people use the words ’company register’ as a shorthand way of referring to the general topic of the registration of companies, when seeking information on that topic, and particularly when searching on the Internet.
(For example, in the same way that a person seeking information on the formation of companies might simply search by entering the word ’companies form’.). For this concept, people also sometimes refer to a company name registration (but, in our view, that is somewhat misguided as not only the company name is being registered but also the company itself - the company name registration and the registration of the company are all part and parcel of the one process).
Both of the above-mentioned senses of the expression ’company register’ will be discussed on the remainder of this page and in turn.
A paper based receipt issued to a prospective shareholder on purchase of a single share from a company. A share certificate must include the following information:
The company name
The type of share issued (e.g. ordinary)
The name and address of the shareholder
The value of the share
A signature from a director or secretary of the company
To create a share certificate you may wish to use our automated share certificate generator. Incorporation is the process by which a new or existing business registers as a limited company. A company is a legal entity with a separate identity from those who own or run it. The vast majority of companies are limited liability companies where the liability of the members is limited by shares or by guarantee.
A business cannot operate as a limited company until it has been incorporated at Companies House under the Companies Act 2006. Establishing your business as a company means the directors are required to file certain documents every year such as annual accounts and an annual return.
They must also inform Companies House about any changes, such as the appointment or resignation of directors or a change to the company’s registered office.