Incorporate your new business
New Company Registration
From sole becoming a sole trader all the way up to a public limited company, we can advise you on the best option for you and your business.
New Company Incorporation
Starting a new business is a major decision. People start new businesses for many reasons, maybe because they have a new idea or proposition which they think will be a success or they may feel they can deliver a product or service better than the current offering. Or maybe they just want to be their own boss!
Not everyone is an expert in legal, financial or fiscal matters and as such, incorporating a new business can be daunting. Below you will see the different types of business entity recognised in the UK to help you best decide on what would work best for you.
Types Of Company
Requiring minimal set up and administration, operating as a sole trader is common for new businesses. Registration at Companies House is not required although the business owner should notify HMRC. This type of business is not deemed to be a legal entity in its own right, consequently the owner of the business has unlimited liability to all debts and legal actions.
With over two million registered at Companies House, private companies limited by shares are the most frequently-used type of company in the UK. They are more commonly referred to as private limited companies and must have the word ‘Limited’ or the abbreviated suffix ‘Ltd.’ at the end of their name.
A private company limited by guarantee limits its guarantors’ liability to a pre-agreed amount that they must pay in the event that the company is wound up.
Non-profit organisations such as charities, clubs, student unions, societies and social enterprises are typical entities that use this type of company to set a low limit to the amount that members (owners) must pay if something goes wrong.
There is no share capital, and therefore no shareholders, in a private company limited by guarantee. Members of the company are guarantors and are often only liable for a nominal sum such as £1 if the company is wound up.
More information about this type of company can be found here.
There are not that many private unlimited companies, compared to the other types.
There is no cap to the amount that its members are required to pay if the company is wound up, so they tend to be used for companies where insolvency is a very low risk.
Another important quality for private unlimited companies is that they are not required by law to submit annual accounts to Companies House. This makes unlimited companies attractive to businesses that wish to maintain a level of secrecy about their financial status.
A public limited company, often shortened to just ‘public company’ or abbreviated to PLC, is one that can sell shares or debentures to the general public.
Such companies usually start out as private limited companies before being re-registered as a PLC in order to raise capital.
To become a public limited company, a business must have share capital of £50,000 or more, of which at least 25% must have been paid up before the company can begin trading. Public limited companies are also required to have at least two directors and a company secretary.
All businesses that are listed on a stock exchange are PLCs, but there are many privately held ones that benefit from the status and credibility that being a PLC gives. Shareholders often choose to incorporate as a PLC because they intend to list in the future, or in order to appear larger and have greater financial backing. Being a shareholder in a PLC is often seen as being more prestigious than being a shareholder in a private limited company.
The liability of the company is limited to the value of its reserves.
Areas We Cover
We have clients located all over the UK and even some international clients, therefore, location should never be a barrier to our working together. As well as national and international web design, we design websites for clients in the Somerset and Bristol areas, offering personalised, local service. My approach ensures that no matter where you are, you’ll receive a website that meets your specific needs and goals. Whether you’re in a bustling city or a quiet town, we bring the same level of dedication and expertise to every project, helping businesses of all sizes enhance their online presence and achieve their objectives.
Websites that convert customers and generate you revenue.
All of our websites are expertly optimised and hosted on industry leading servers.
Solutions that grow with your business. We don't just leave when the job is done; we want to be a part of your journey.
We understand that your business needs are constantly evolving, and so should your digital presence.
Our team is committed to providing ongoing support, updates, and enhancements to ensure your website remains cutting-edge and effective.
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Paul has been ‘very’ efficient in helping me within my small business. I am thrilled with all the work he has done for me. Very reliable, honest and excellent at his job. I would highly recommend him and will definitely use him again. Thank you Paul.
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Ridgeline Roofing
I had a website built (at the start of the pandemic) for my sole trader business - Miller Toys and Models - and maintained since then. At every stage I had excellent liaison with Bristol Website Design, great support and a real sense of personal interest in my project. They were attentive to my requirements and suggestions and really helpful with advice and ideas. I don't hesitate to recommend Bristol Website Design.
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Testimonials
I needed a website for my Handywoman business and Bristol Website Design made the whole process very easy and painless for me. I would highly recommend them.
Jacqui Mcgregor
12/12/2016Been working with this company for almost a year now and I can not fault it, from the quality of the work to quick response when ever you need help with anything be it advice or if you need anything added,I would highly recommend this company from the experience I have had.
Ridgeline Roofing
06/05/2021Bristol Website Design are fantastic.They have built and maintained both of me websites R J Decorators and the RV and Motorhome Club. nothing is to much trouble and very quick to act when needed i would highly recommend them to anyone thinking of getting a website or if you have a website already.
Richard Pascoe
23/02/2023Paul and his team are absolutely fantastic. The work is of very high quality and is done very quickly in a timely manner. They respond to emails incredibly quickly and are always on hand when we need more updates as our business grows. Cannot recommend enough.
Nicola Donald
22/02/2023Bristol Website Design are fantastic. They have built and maintained both of me websites R J Decorators and the RV and Motorhome Club. nothing is to much trouble and very quick to act when needed i would highly recommend them to anyone thinking of getting a website or if you have a website already.
Richard Pascoe
23/02/2023Great value for money always polite and happy to help with any updates or changes to site great guys would recommend
John Harrington
16/06/2020Paul and his team are absolutely fantastic. The work is of very high quality and is done very quickly in a timely manner. They respond to emails incredibly quickly and are always on hand when we need more updates as our business grows. Cannot recommend enough.
Nikki Donald
22/02/2023Bristol websites are very good at what they do!! Paul always takes time to understand and deliver our vision. Very happy client 🌟🌟🌟🌟🌟
MJP Electrical
01/01/1970Brilliant service great personal touch, always on phone when need to talk through, highly recomend
Marc White
06/05/2021Paul has been ‘very’ efficient in helping me within my small business. I am thrilled with all the work he has done for me. Very reliable, honest and excellent at his job. I would highly recommend him and will definitely use him again. Thank you Paul.
Mary Chamberlain
23/02/2023
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info@bwd.159.69.178.236.sslip.io
01823 586700
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