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Limited by guarantee package

Form your LBG today £34 +VAT

What is a limited by guarantee company?

A company limited by guarantee (LBG) is an alternative type of company used primarily for non-profit organisations. A company limited by guarantee does not usually have a shares or shareholders, but instead has members who act as guarantors.

Why should I choose this LBG package?

This package is ideal for anyone setting up a non-profit company (ex: membership organisations, clubs, workers’ co-operative or sports association).

Is this the right package for setting up a charity?

No. This package is not suitable for setting up a charity.

How is the guarantor different from a shareholder?

The main difference between the guarantor and share-holder is that a share-holder would take profits from the company whereas the guarantor will not take profits (under normal circumstances). All the profits are usually re-invested back into the company.

What are the benefits of forming a limited by guarantee company?

Limited by Guarantee company provides limited financial liability to the company owners (guarantors). This means their personal finances are legally protected if the company encounters financial difficulties or gets sued. Hence, LBG structure is very popular for non-profit organisations.

What’s included in limited by guarantee package?

  • Limited by guarantee company
  • Companies house filing fee
  • Email copy of certificate of incorporation
  • Email copy of memorandum &articles of association
  • Email copy of guarantor certificates
  • Email copy of company register with first entries
  • Help with opening business bank account (optional)
  • Online company manager
  • Maintain statutory books
  • Printed certificate of incorporation
  • Printed guarantor certificates
  • Bound memorandum &articles of association
  • Free consultation with Chartered Accountant
  • Free lifetime customer support
Form your LBG today £34 +VAT

Prefer a personal manager to register your company on your behalf?

Worried about making mistakes? Not comfortable doing it yourself? We offer UK company formation service with a dedicated personal manager. Your personal manager will collect the details from you via email and register your new company the correct way. Please fill in your details and we will contact you.

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