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Company Formation Services for New UK Limited Companies
Incorporate your limited company correctly from day one, with the right structure, registrations and statutory set-up.
Incorporating a limited company is quick in theory, but the decisions made at formation, from share structure to SIC code to registered office, can be awkward and costly to unwind later if they’re not right the first time. At Durhams Accountants we handle company formation for new businesses across Wakefield, Yorkshire and the wider UK, incorporating your company at Companies House, setting up the right share structure, and making sure every related registration, from Corporation Tax to VAT and PAYE where relevant, is in place from day one.
Getting the Structure Right From the Start
Before incorporating, there are genuine decisions to make: how many shares to issue and at what value, whether there will be one shareholder or several, what SIC code best describes your activity, and who the directors and persons with significant control will be. These choices affect everything from future investment rounds to how dividends can be paid. We talk through the implications of each decision before anything is filed, rather than defaulting to a generic one-share, one-shareholder template that may not suit your plans.
Registering With HMRC After Incorporation
Incorporating at Companies House is only the first step; your new company also needs to register for Corporation Tax within three months of starting to trade, and for VAT or PAYE if and when those thresholds are met. Missing these registrations, or registering late, can mean penalties and complications further down the line. We handle these registrations as part of the formation process, so your company is fully set up with HMRC as well as Companies House, rather than technically incorporated but not yet properly registered to trade.
Setting Up Sensible Financial Foundations
Formation is also the right moment to put good financial habits in place: choosing accounting software, opening a business bank account, and agreeing how directors will be paid and how the company’s records will be kept from the outset. Businesses that start with this groundwork in place tend to avoid the costly catch-up exercises we often see later, when bookkeeping, payroll or tax registrations have been left too late. We help you put these foundations in place at the same time as the formation itself.
Our Process: How We Form Your Company
1
Discuss your plans
We talk through your business and the right structure to support it.
2
Agree the share structure
We confirm shareholders, share values and the SIC code before filing.
3
Incorporate at Companies House
We file your incorporation and confirm your new company number.
4
Register with HMRC
We register you for Corporation Tax, and VAT or PAYE where relevant.
5
Set you up to run smoothly
We help you choose software and put good financial habits in place.
Already Incorporated? We Can Still Help You Get It Right
If your company is already incorporated, perhaps through an online formation agent or a previous adviser, and something about the structure doesn’t feel right, it’s not too late to fix it. We can review your current share structure, registered details and HMRC registrations, and make changes where needed, from adjusting share allotments to correcting a SIC code or registering for taxes you may have missed. Bringing your ongoing accountancy to us at the same time is straightforward, with no disruption to your company’s operations.
Why Choose Durhams Accountants
Company formation is a small piece of paperwork with long-term consequences, and getting it right from the start saves time, cost and frustration later. We think beyond the incorporation form itself to how your structure will actually work in practice, as your company grows and your plans evolve. Based in Wakefield and supporting new businesses across Yorkshire and the UK, we combine careful statutory expertise with practical, forward-looking advice, so your company is built to last rather than just built to exist.
Frequently Asked Questions
How long does it take to incorporate a limited company?
Incorporation itself is often completed within 24 hours once the application is filed, though we recommend time beforehand to get the structure right.
How many shares should my new company issue?
There’s no fixed answer; it depends on your plans for investment, ownership and future share transfers, which we talk through before filing.
Do I need to register for VAT when I form my company?
Only if you expect to exceed the VAT registration threshold, though voluntary registration from the start can suit some businesses.
What is a SIC code and why does it matter?
It’s a code describing your company’s main business activity, used by Companies House, HMRC and others, and it’s worth getting an accurate one from the outset.
Can you help if my company is already formed but set up incorrectly?
Yes, we can review and correct share structures, registered details and HMRC registrations for companies that are already incorporated.
How much does company formation cost?
We agree a fixed fee covering incorporation and related HMRC registrations upfront, so you know exactly what’s included before we start.
Ready to form your limited company properly?
Talk to us before you incorporate, or use the form alongside this page for a no-obligation chat.