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Reply to: Companies House form - share capital

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Previously on "Companies House form - share capital"

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  • SueEllen
    replied
    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
    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

    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 !!!
    Tags: None

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