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Not worth it. You are incurring additional expenses related to the Ltd company that will probably total 1000+ (assuming you use an accountant) you're lucky if you end up netting any money. Plus on top of that you are running the risk of future tax liability on those 3 months.
Hard to say specifically without seeing fully set of numbers but if I had to just make a guess based on what you have provided so far I'd say your best case scenario is maybe a 500-1000 gain vs worst case of losing 4000-5000. Add on hassle of opening a Ltd then closing it down in 3 months just to operate a new way, it just doesn't make any sense to do it.
Useful.. but he's inside.. so not...
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