Is this going to be some scammy nonsense with hidden charges galore? Or is it, as it appears to my, possibly naive, mind - pay 50 quid up front and you've got yourself a Limited Company?
What about down the line?
In theory, if you used the Barclay's Business account that it comes with - (though you could just apply for your own) what happens if you don't have any clients - ever? What are the minimum payments you would have to make if the business venture didn't succeed?
Is it just a case of paying for services you use and interest you accrue? Or is it more like a subscription - pay* x* amount per year for banking with us? Cancellation fees if it goes tits up? (90% of small businesses don't get through the first year blah blah)
Their own site doesn't seem to say what happens after the year is up:
Positives of the first link:
Apparently easy to set up
Companies House fee included
Necessary certification (It appears to include all the necessary ones)
Fancy EC1 postcode for a registered address for a year.
http://www.companiesmadesimple.com/silver-company-formation.html
Is this going to be some scammy nonsense with hidden charges galore? Or is it, as it appears to my, possibly naive, mind - pay 50 quid up front and you've got yourself a Limited Company?
What about down the line?
In theory, if you used the Barclay's Business account that it comes with - (though you could just apply for your own) what happens if you don't have any clients - ever? What are the minimum payments you would have to make if the business venture didn't succeed?
Is it just a case of paying for services you use and interest you accrue? Or is it more like a subscription - pay* x* amount per year for banking with us? Cancellation fees if it goes tits up? (90% of small businesses don't get through the first year blah blah)
Their own site doesn't seem to say what happens after the year is up:
http://www.barclays.co.uk/Businessbankaccounts/BusinessAccounts/Startupbusinessaccounts/P1242558530035
Positives of the first link:
Apparently easy to set up
Companies House fee included
Necessary certification (It appears to include all the necessary ones)
Fancy EC1 postcode for a registered address for a year.
Negatives:
Hit me: