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We offer one of the most comprehensive and easy to use sources of limited company reports available in the UK, specialising in providing online limited company reports to small & medium sized businesses and individuals. We provide instantly online limited company reports, limited company accounts, annual accounts, companies house documents for limited companies, limited company search, annual report, business credit checks, limited company information, limited company profile and company director reports.

1. How do I set up a limited company?
If you decide, maybe after taking professional advice, that a limited company is the best thing for your business, you can buy a ready-made limited company from a limited company incorporation agent. Alternatively, you can incorporate a limited company yourself.

2. Do I really need a limited company?
The majority of businesses are not a limited company. The reasons for having a limited company are varied, for example, it could involve ownership of property, obtaining investment funds, taxation or contractual relationships. Many businesses function satisfactorily as sole traders or partnerships, rather than a limited company.

The key point to recognise is that a limited company is a separate entity. This means that the limited company is a legal person in its own right. The limited company is separate from those who own or run it, and has 'limited liability'.

3. What does limited company liability mean?
Limited company liability gives the owners of the limited company (its shareholders) protection if the limited company fails. This means that if a limited company is put into liquidation, the people who own the limited company will only be required to pay what they have already paid to the limited company or agreed to pay towards settling the debts of the limited company.

4. What can I do with an unwanted limited company?
If you decide that you do not need a limited company that you have set up, you should consider putting the limited company into voluntary liquidation. If the limited company cannot afford this, you may be able to apply for the limited company to be struck off the limited company register.