Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Deangsi on April 20, 2013, 04:26:59 pm

Title: going ltd company
Post by: Deangsi on April 20, 2013, 04:26:59 pm

hi guys just wondering how complicated it is to setup and run. basically i want to set up a ltd company where there will be 4 of us working 3 cleaners maybe 4 and 1 canvasser. anyone done this and how did it go ? cheers

Title: Re: going ltd company
Post by: deeege on April 20, 2013, 04:38:07 pm

See an accountant.

It really needn't be complicated at all. A company can be set up and registered for less than £100-£150. (Can't remember exactly)

Why do you want to set up a LTD company though? From the advice of an accountant or just because?

Apart from the cost of accountancy fees being higher because you will need to file a full set of accounts each year, there really are no other extra charges compared to being a sole trader.

Title: Re: going ltd company
Post by: deeege on April 20, 2013, 04:42:08 pm

http://www.companieshouse.gov.uk/infoAndGuide/companyRegistration.shtml

Title: Re: going ltd company
Post by: Deangsi on April 20, 2013, 05:00:35 pm

i need to employ 2 staff so thought it mite be easy having a proper company i want it all lagit and correct

Title: Re: going ltd company
Post by: formb on April 20, 2013, 05:02:09 pm

See an accountant.

Title: Re: going ltd company
Post by: Deangsi on April 20, 2013, 05:20:43 pm

kwl will do ;D

Title: Re: going ltd company
Post by: Approved on April 20, 2013, 08:31:46 pm

Go on line and set a company up from £24-95, why pay an accountant £295 to £350 to do a 5 minute job

Title: Re: going ltd company
Post by: steve rix on April 20, 2013, 10:05:57 pm

Quote from: Deangsi on April 20, 2013, 05:00:35 pm

i need to employ 2 staff so thought it mite be easy having a proper company i want it all lagit and correct

You can employ whilst still being a sole trader with no hassle at all.
As others have said; speak to your accountant