Register and Setting up a UK Limited Company

Company Formation Packages LLP Incorporations Why Choose Us Free Business Banking Ready Made Companies Regent Street Services Dormant Company Formation Apostille and Notary Services Certificate of Good Standing Company Dissolution Company Name Change Company Registers Company Restoration Services Company Seals & Wafers Dormant Company Accounts Nominee Director & Shareholder Renewals VAT Registration Company Admin Login
Company Formations Just Became Easier!
1. Company Directors can protect their home address details.
2. You are no longer required to have a Company Secretary.
 
Feedback :
Comp Faqs Vicky. Thank you for all the help and support you gave me in forming my first company. Your patience and understanding was far and above what I normally receive when buying online. George, Brighton.      

Other Drawbacks of Ready Made Companies

 

Cost of Ready Made Companies

A potential drawback of purchasing a ready made company is that it is generally more expensive that the cost of setting up a new one.

For a typical off-the-shelf company there is the cost of the registration itself, probably a name change and the fees (in some case) to verify that it has not traded. If the company has conducted business at some time in its past, then there is the necessary expense to commission adequate due diligence work.

Creating a False Impression

Having a company which has been in existence for a number of years is generally judged to be a benefit of ready made companies. That might, in some cases actually have an adverse and undesirable effect which the new owners might not have previously considered.

The perception that the ready made company is stable because it has a reasonably long life is only valid if a particular third party (usually a customer or supplier) also has that particular view.

It is possible for a negative outcome to occur if the person has the view that the whole purchase of the ready made company was undertaken to create a false impression. Suspicion and mistrust may dominate that person's perception and thus having a ready made company has in fact had a detrimental affect on the company's ability to its conduct business.

 
Email This Page  Print This Page


 
10 Year Anniversary 2007-2017

Free Company Name Search





Contact Details:
Phone:
  +44 (0)2920 504 804
  +44 (0)207 1181 800

info@completeformations.co.uk


About Us
Contact Us
Getting Started
What You Receive
How to Form a Company
About Us
Site Search

Customer Comments