Ready Made Limited Company – Why Buy One?

Business situations, especially involving government contracts, often specify certain criteria to be fulfilled by the bidders, such as the bidding company being in existence for a minimum of two years or more. Small businesses and entrepreneurs who do not meet this are at a loss as they are unable to bid. But there is a solution to this problem in the form of ready made limited companies. Companyformations24.7 offers limited companies ready for purchase, round the clock, through its online services. You can select a suitable limited company from the long list of choices, all of which are priced differently on the basis of various parameters on companyformations247.co.uk, 24 hours a day and 7 days a week.

A ready made limited company enables small businesses and entrepreneurs to fulfil the peculiar requirements of government contracts and make them eligible to bid. Since these are in existence already for a certain time period they have a company number ready for immediate use. Such companies also come with a certificate of non-trading providing protection against unknown liabilities. All the ready made limited companies offered by Companyformations24.7 have an ‘object clause’, similar to any other limited company, which indicates the scope of business the company is allowed to take on. This clause is set to ‘General Commercial Object’ for each company offered by Companyformations24.7, meaning these companies can engage in any type of business irrespective of their names.

The purchaser has the option of renaming the company for a small additional fee, if desired, while retaining the history of the ready made limited company. This company name transfer process is easy and fast and can be completed online. Payment confirmation is provided immediately and copies of documents such as a Memorandum and Articles of Association, Certificate of Incorporation, Certificate of Non-trading and Minutes of the First Meeting are sent (hard copy) through first class post. Other documents that can be accessible are share transfer forms, combined company register, new director and secretary appointment forms, change of registered office forms, change of accounting reference date form etc.

The advantage of purchasing a ready made limited company is that you can start trading immediately after purchase. Also, this is useful in purchasing an apartment, house or while investing in real estate for both locals as well as foreigners. Filing annual returns, company accounts and duties are dependent on the original incorporation date and not the purchase date.

Companyformations24.7 offers comprehensive consulting in completing the process of proper merger and organization of ready made limited companies. The list of such companies offered is readily available on companyformations247.co.uk, with details such as name, date of incorporation and price. The more aged the company the more valuable it is, since it appears prestigious and secure. You must frequently check this list since new companies are added, and the list is updated regularly.