Set Up A Limited Company

Which company structure should I choose?

Before registering a new company, you first need to decide which structure you’d prefer. As part of our service, we’ll help advise you based on your individual requirements, so we set up your limited company with the best structure to meet your needs.

The three main types of legal entity are a Private Limited Company (“Limited” or “LTD”), a Limited Liability Partnership (LLP) and a Company Limited by Guarantee:

Private Limited Company:

The most common type of company incorporation
Primarily used for businesses that are set-up to generate profit for the owner(s) of the business
Protects personal assets by limiting financial liability to the value of the share(s) in the business

LLP:

Mainly used for professionals and consultants who want to keep the flexibility of a traditional partnership, but want to limit their liability so that personal finances are protected should the business encounter financial difficulties
An LLP also offers flexible tax benefits, and the business won’t pay corporation tax as each business partner is responsible for paying tax through their self-assessment tax return

Company Limited by Guarantee:

Often used by non-profit organisations in the UK, for example, membership organisations, charities and sports clubs
This type of company structure protects the personal finances of the company owners in the same way a Private Limited company protects shareholders – although instead of shareholders and shares this structure has guarantors and guarantees
Profits are typically re-invested back into the company. Although guarantors can take profits from the company, doing so will mean any charitable status will be relinquished

Testimonials

DS Burge & Co

5.0 Stars - Based on 189 User Reviews

I have used this company for my tax returns for 2 years and will be using them again shortly. Very happy with the way they respond to my questions and deal with tax queries promptly.

JOAN H.
1/26/2022
Very professional, reasonable and nice people!

Dr. D.
1/26/2022
Very efficient service, accounts always done on time

Helen S.
1/19/2024
Kieran has helped with my accounts over the last few years and has been so great. He helps me understand things when I’ve not and bent over backwards to ensure my business is running smooth. Highly recommend Kieran to anyone who needs help with accounts. Ben Coleman

Ben C.
1/26/2022
I have been with Burge Accountants for many years now, and have always found them extremely helpful in answering any questions I may have and in giving advice. I have a lot of trust in them and find them extremely professional.

Paul A.
1/26/2022
Friendly, helpful and efficient. Running our business is so much easier with DS Burge & Co.

Kim C.
1/26/2022
A superb local family owned business, providing high quality accounting and business services, with a friendly, personal touch and a flexible approach. Darius, Kieran and team deliver what their Customer's need when they need it and charge very reasonable fees. Highly recommended!

Elmac V.
7/27/2021
Only good things to say about DS Burge. Very thorough, extremely helpful and very professional. They've helped me so much!

Patrick G.
2/10/2024
Kieran, Kate and the team at DSBurge are amazing. They handle all my accounts for my dental practice and also manage my monthly staff payroll. They are a super efficient team and are always available to answer my queries. Highly recommend them. I have already been recommending them to my dental colleagues and friends.

Pooja P.
1/19/2024
I have used DS Burge for over a year now and have been very impressed with the way they have handled the accounts for my business. They have provided me with clear advice and information as well as being quick to respond to any queries I've had. I have also recommended them to friends who are very satisfied with their services too.

Jeremy C.
2/10/2024
I switched from decades of PAYE to working for myself: the idea of completing my own tax filings wasn't a prospect I relished especially as I also had investments. DS Burge have been a real relief to work with: always available to take questions and engage in a dialogue - with speedy responeses - dealing with both me and my financial advisor. It's been extremely re-assuring. Combined with a thoughtful and dilligent approach to their work and the fact they are generally nice people, I have no hesitation in recommending DS Burge.

Gavin C.
11/26/2023
Very good indeed. Quick response and a very efficient service with good communication throughout

Alex C.
11/26/2023
Very smooth process from start to finish. I was assisted with a complex matter which had been badly handled by my previous accountant and the resolution was quick under Mr Burge’s stewardship. Highly recommend.

Henry B.
1/26/2022
I am happy with the service I receive for both my companies, Kieran and his team are very professional and great value for money. Happy that I changed!!

Agnes T.
1/26/2022
It’s great working with Kieran and the team. Fast and efficient and extremely knowledgable.

Marieke S.
1/26/2022

What do you need to register a limited company?

To register a limited company in the UK, you’ll require the following details:

Memorandum of Association: business name, location, and business activity type (SIC Code)
Directors names, addresses, and the registered address of your new limited company (as part of our company secretarial services you can use our Surbiton address if you’d prefer
A list of share capital and shareholder details along with any people of significant control (PSC) – you need at least one shareholder allocated at least one share
Articles of Association: outlines the director’s powers and shareholder rights. Most companies use the Model Articles of Association for this.

When picking your company name, we’ll need to check the Companies House register that it is unique and not already registered to another business.

There are also certain words that Companies House list as ‘sensitive’, which means to register this type of name you’ll need permission for the relevant authority. Examples are “Dental” or “Royal”.

We’ll also need you to provide proof of ID and proof of address. This is to comply with Anti-Money Laundering (AML) regulations and ‘Know Your Customer’ (KYC) requirements.

We also recommend that you set-up a business bank account, and we can help advise on suitable services.

DS Burge & Co