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Previously on "Buying an already formed company"

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  • Papavar
    replied
    I got my accountants to do mine a few years ago, it was very swift. Closing it down again takes a lot longer... 18 months!

    Leave a comment:


  • cojak
    replied
    Originally posted by Clippy View Post
    Strange...

    When looking at your CUK public profile it says you have not been active since 28 Nov 2006!

    It seems to be defaulting to a user called Clare and not you *Clare*
    There are problems when logins start with '*', it's a known issue...

    Leave a comment:


  • escapeUK
    replied
    Originally posted by Clippy View Post
    Strange...

    When looking at your CUK public profile it says you have not been active since 28 Nov 2006!

    It seems to be defaulting to a user called Clare and not you *Clare*
    Fancy putting a wildcard in your user name :-)

    Leave a comment:


  • Fred Bloggs
    replied
    Some accountants do it for you for "free" if you use hem for the first year or so.

    Leave a comment:


  • TimberWolf
    replied
    Originally posted by Clippy View Post
    Strange...

    When looking at your CUK public profile it says you have not been active since 28 Nov 2006!

    It seems to be defaulting to a user called Clare and not you *Clare*
    You can reach it by manual means though:
    http://forums.contractoruk.com/members/*clare*.html

    Leave a comment:


  • Clippy
    replied
    Originally posted by *Clare* View Post
    I agree with the above - just set up a brand new company. It's cheap enough to do and should only take a day. You get to chose your name and be subscriber shareholders (the first to own the shares rather than them being transferred to you).

    Try someone like Stanley Davies if you want to do it yourself. You only need the basic package, don't worry about company seals and record books.

    If you'd rather not do it yourself, there are accountants who will do it for you if you sign up to a monthly service or pay a one-off fee, and they will throw in VAT registration, PAYE setup and bank account set up.

    Don't pay more than around £100 for an accountant to do it for you.
    Strange...

    When looking at your CUK public profile it says you have not been active since 28 Nov 2006!

    It seems to be defaulting to a user called Clare and not you *Clare*

    Leave a comment:


  • gingerjedi
    replied
    Originally posted by northernladuk View Post
    Absolutely.. you get to pick a really cool company name as well.... or just cock up completely and end up with a really unimaginative one which is just you initials <cough>
    Or put 'IT services' in the name. doh

    Leave a comment:


  • Clare@InTouch
    replied
    I agree with the above - just set up a brand new company. It's cheap enough to do and should only take a day. You get to chose your name and be subscriber shareholders (the first to own the shares rather than them being transferred to you).

    Try someone like Stanley Davies if you want to do it yourself. You only need the basic package, don't worry about company seals and record books.

    If you'd rather not do it yourself, there are accountants who will do it for you if you sign up to a monthly service or pay a one-off fee, and they will throw in VAT registration, PAYE setup and bank account set up.

    Don't pay more than around £100 for an accountant to do it for you.

    Leave a comment:


  • Spacecadet
    replied
    It was worthwhile in the past but since the VAT registration regs have changed it's pointless as you'll still have to register and wait for VAT even when purchasing a ready formed company.

    Company name isn't important, that can be changed afterwards

    Leave a comment:


  • northernladuk
    replied
    Originally posted by alreadypacked View Post
    I don't think people do already formed companies these days, the process is faster now so company formation is the way to go.

    HTH
    Absolutely.. you get to pick a really cool company name as well.... or just cock up completely and end up with a really unimaginative one which is just you initials <cough>

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by toneee View Post
    Hi,

    I was wondering if anyone could provide me with any reputable sources of buying an already formed Ltd company in the UK?

    Kind Regards

    Tony

    <mod>I'll move this to business/contracts for you</mod>
    I don't think people do already formed companies these days, the process is faster now so company formation is the way to go.

    HTH

    Leave a comment:


  • toneee
    started a topic Buying an already formed company

    Buying an already formed company

    Hi,

    I was wondering if anyone could provide me with any reputable sources of buying an already formed Ltd company in the UK?

    Kind Regards

    Tony

    <mod>I'll move this to business/contracts for you</mod>

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