Public Limited Company (PLC Formation)
A Public Limited Company (PLC) is a type of Limited Company in the United Kingdom which is permitted to offer its shares to the public. A PLC Company is the only type of UK Company which can raise money by selling shares to the general public, shares may or may not be traded on the stock exchange in the UK.
Our comprehensive packages for a PLC formation are shown below. If any of the packages do not suit your requirements, please contact us and we can tailor make a package to suit your specific requirements.
Reserve Name The simple and easy way to reserve / protect a company name£33.50Buy now >
E-Mail Package A package providing all the legal documents needed to start trading immediately £47.95Buy now >
Premium Package A quick and easy company formation, with all the legal documents emailed and printed£64.95Buy now >
Privacy Package Full legal documents emailed, with full privacy protection on your home address and protection from any fraudulent activity £129.00Buy now >
Business Package The complete professional package, including everything to start your new business. Smartly bound printed documents£159.00Buy now >
Non-Resident Package This package is specially tailored for non UK residents incorporating a company in the UK. Includes all the required addresses and services for you to legally start a business in the UK£169.00Buy now >
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|Fast Online Formation - No Paper Work and No Signatures It’s quick and easy to complete our online application, it takes approximately 3-4 minutes. Your company should be ready to trade in 3 hours, our quickest time is 6 minutes (subject to Companies House).|
|Government Registration Fees Companies House Registration Fees are included in all of our packages and prices. There are no hidden extras.|
|Emailed Copy of Certificate of Incorporation A PDF version of your Certificate of Incorporation. This is an official document which confirms your company name and company number.|
|Ready to Trade Company As soon as your application has been approved by Companies House, your new limited company will be ready to trade.|
|Free UK Bank Account Referral A Free Referral to a UK Bank for UK Residents only|
|Accountant Referral for Individual clients We will refer you to an Accountant to help you with your tax and accounting questions. Individual clients only|
|Free Google Adwords Voucher for Individual clients (worth £75) We are delighted to offer you an Adwords voucher of up to £75, when you spend £25.00 with Google|
|All Official Company Documents emailed to you Once your company has been formed we will email you a completed set of your new official company register documents and share certificate.|
|Free Online Company Manager Our Company Manager is linked directly to Companies House. You can view your live company details and make live changes to your company.|
|Emailed copy of Memorandum of Association A PDF version of your Memorandum. This is a statement which shows the subscribers intention to form a company under the Companies Act 2006.|
|Emailed copy of Articles of Association A PDF version of your Articles of Association. The Articles are basically the rules of your company, outline the Director’s responsibilities and provide information on the type of business.|
|Emailed Copy of Share Certificate(s) An electronic version of your Share Certificate. This is a legal document which confirms the ownership of the Shares within your company.|
|Emailed Copy of Company Register with first entries An electronic version of your Company Register fully completed with the first entries from your company registration.|
|Emailed Copy of the Minutes of First Board Meeting An electronic version of a suggested initial board meeting where the initial resolutions for your company were passed.|
|Web Code to make future changes to your company For added security to your company. This code is unique to your company, and can be used to make electronic changes. Not many Company Formation Agents provide this service.|
|Emailed Reminders We will email you to remind you when your accounts and confirmation statement are due, to ensure you will never be late|
|Laminated Certificate of Incorporation The Certificate of Incorporation is an essential document that confirms your company exists. It is recommended that you have a printed version of this certificate which we can laminate.|
|Bound Company Register Includes your Certificate of Incorporation, Memorandum of Association, Minutes of First Board Meeting, Company Register with First Entries and Share Certificate printed and professionally bound together.|
|Laminated Memorandum of Association The Memorandum of Association outlines the subscriber’s intention to form a company under the Companies Act 2006. Therefore, it is recommended that you have a hard copy of this document.|
|Printed Certificate of Incorporation (included in Bound Register) A printed copy of your Certificate of Incorporation. This is an official document which confirms your company name and company number.|
|Printed Share Certificate(s) (included in Bound Register) A printed copy of your Share Certificate. This is a legal document which confirms the ownership of the shares within your company.|
|Printed Memorandum of Association (included in Bound Register) A printed copy of your Memorandum. This is a statement which shows the subscribers intention to form a company under the Companies Act 2006.|
|Printed Articles of Association A printed copy of your Articles of Association. The Articles are basically the rules of your company, outline the Director’s responsibilities and provide information on the type of business.|
|Registered Office Official Letters (Companies House and HMRC) Wood Green, London This provides your company with a Registered Address located in London, the capital city of the UK. Your address will be protected as our address will appear on public records.|
|London Correspondence Address for 1 Director The Correspondence Address is the address show on public records for the officers within your company. This will prevent your private address from being displayed on the Public Records|
|Fraud Protection The Fraud Protection service helps protect your company from Fraudsters. This stops most paper documents from being filed for your company, forms can be filed electronically using your unique code.|
|Prestigous London Registered Office Official Letters (Companies House and HMRC) Regent Street, London This provides your company with a Prestigous Registered Address located in London, the capital city of the UK. Your address will be protected as our address will appear on public records.|
|VAT Registration Assistance with obtaining a unique VAT Number for your company It is optional to apply for VAT. However, if your taxable supplies exceed £81,000 in 1 year, you must register for VAT|
Why Choose a PLC Formation?
A Public Limited Company (PLC) is a type of Limited Company which is permitted to offer its shares to the public and also has limited liability. A PLC can be either an unlisted or listed company on the stock exchanges.
Public Limited company Explained
- A PLC Company is a company which allows shares to be sold to the public.
- You are able to buy and sell the shares to anyone.
- A Public Limited Company's stock can be acquired by anyone and holders are only limited to potentially lose the amount paid for the share.
- There are no maximum shares, you can have as many as you like.
- Permission to advertise sale of shares publicly.
- A Confirmation statement and accounts must be filed each year.
Officers within the company
A Public Limited Company must appoint at least 2 individual Directors. The director(s) will be responsible for the day to day running of the company. The powers the directors have within the company will depend on what is stated in the company articles.
At least 2 Shareholders must be also be appointed in a Public Limited Company. The shareholders can be corporate or individual officers. At least 1 Secretary must also appointed in a Public Limited Company. The Secretary should take care of the administrative roles within the company.
On average a PLC Company is usually incorporated within 24 hours, however; this does depend on the workload at Companies House. We have previously incorporated a company in 6 minutes.
We do try our best to ensure your application is processed as quickly as possible
Requirements for a PLC Formation
To register a PLC Company, you will be required to supply the following:
- The company name must end with either ‘PLC’ or ‘PUBLIC LIMITED COMPANY’.
- The Registered Office Address located in the UK. CFS can supply an address if required.
- A Minimum of 2 Directors, 2 Shareholders and 1 Secretary must be appointed.
- The Officers can be any nationality and can reside anywhere in the world.
- Must have a Share Capital of at least 50,000GBP.
- Only 2 shares need to be allotted at the time of incorporation but 25% of the shares must be allotted to Shareholders and paid for before commencement of business can begin.
- Before a PLC Company can trade, it must ensure that at least £50,000 (or currency equivalent) of its shares have been issued to the Shareholders and that each share has been paid up to at least a quarter of its value.
Why use CFS for your Public Limited Company?
We are highly experienced in this type of formation and our UK business start-up team are on hand to deal with the formation of your Public Limited Company.
CFS have the ability to form your Public Limited Company electronically, eliminating the need to sign and complete any paperwork.
All details can be entered online, before placing your order. Before you submit and pay for your company, you will be able to review all the company details you have provided and amend anything if you have entered something incorrect. Once your company has been incorporated you will receive your Certificate of Incorporation and Share certificate(s) confirming the existence of your company and many other fully completed incorporation documents.
Our standard package includes all the documents you need legally to start trading with your company. This is quite unique as most companies charge extra for providing a company register, share certificates, minutes of the first meeting etc.
We have the software which allows you to adopt/upload your own specific Articles of Association to your company or alternatively use the model articles we provide.