Companies House form - share capital - Contractor UK Bulletin Board

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SueEllen replied

19 July 2012, 16:27
Originally posted by Derben View Post

I appreciate you probably can't advise me here on figures - but can someone explain how to complete the "add share capital" aspect of the Companies House registration of a LTD co.

All I want to do is set up a ltd company to contract (probably six months of the year based on current trends) in the IT industry.

I was planning on completing the form as follows based on popular searches.

Class of share - ordinary
No of shares - 1000
Amount paid on each share - 1
Amount unpaid on each share - 0
Aggregate nominal value 1000

a) does this sound reasonable for what I want to do.
b) does this indicate I have to invest £1000 in to the company to get it started ?

Nearly there !!!

I would make your shares worth 1p i.e. £0.01 if possible. You can then lend the company money via a directors loan.
Leave a comment:
Sally@InTouch replied

19 July 2012, 15:53
Originally posted by Derben View Post

Hi,

I appreciate you probably can't advise me here on figures - but can someone explain how to complete the "add share capital" aspect of the Companies House registration of a LTD co.

All I want to do is set up a ltd company to contract (probably six months of the year based on current trends) in the IT industry.

I was planning on completing the form as follows based on popular searches.

Class of share - ordinary
No of shares - 1000
Amount paid on each share - 1
Amount unpaid on each share - 0
Aggregate nominal value 1000

a) does this sound reasonable for what I want to do.
b) does this indicate I have to invest £1000 in to the company to get it started ?

Nearly there !!!

You're correct on all points! The majority of our clients have 100 shares though. Personal choice as this represents the amount of your limited liability.
Leave a comment:
Derben started a topic Companies House form - share capital

19 July 2012, 15:42
Companies House form - share capital

Hi,

I appreciate you probably can't advise me here on figures - but can someone explain how to complete the "add share capital" aspect of the Companies House registration of a LTD co.

All I want to do is set up a ltd company to contract (probably six months of the year based on current trends) in the IT industry.

I was planning on completing the form as follows based on popular searches.

Class of share - ordinary
No of shares - 1000
Amount paid on each share - 1
Amount unpaid on each share - 0
Aggregate nominal value 1000

a) does this sound reasonable for what I want to do.
b) does this indicate I have to invest £1000 in to the company to get it started ?

Nearly there !!!
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