Limited (or Ltd, both the same thing) Company is an entity through which you can trade with your business. New or old, large or small, Limited companies are for anyone.
We hear often ‘I’m not yet big enough for a Limited Company’, it’s a common misconception, there is no minimum turnover or date by which you must start trading.
Trading through your limited company is a safer way to trade as the liability is limited to the share value. If anything should go wrong, you and your personal assets are protected. Any trade done through the company is the company’s liability, not yours.
If you are trading as a sole trader however, the liability is all on you. This makes a Ltd Company a great option for new startups and those operating as self-employed feeling a little vulnerable.
A profit making Ltd Company (technically known as a company limited by shares) can be registered by us in just a few hours. The company will then be public information on the register of companies, held by Companies House in Cardiff.
We are agents approved by Companies House who register your company for you. The information you need to provide us when registering is on the checklist on How to register a company.
If you need any help or advice, please call 01233 226220 or Chat with us