Digital Package

Limited company formation

What's included

Digital Package

At a cost of £52.99 plus VAT, our Digital company formation package provides a set of company documents by email (PDF) and the filing of the first confirmation statement.

Consider this if…

You have a tight budget and you just need a basic limited company to get your business up and running.

Savings when you choose this package

The total value of our Digital company formation package is £101.99, but it is available to purchase for just £52.99 + VAT. That's a saving of £49.00.

Features:

  • Ready to Trade Limited Company
  • Online Formation within 24 Hours - Subject to Companies House workload
  • Companies House £50.00 Filing Fee Included
  • Email Copy of Certificate of Incorporation
  • Email Copy of Memorandum & Articles of Association
  • Email Copy of Share Certificate(s)
  • Filing of the First Confirmation Statement*
  • Free Business Bank Account (optional)
  • Free Online Company Manager to Maintain your Companies
  • Free Online & Telephone Support for the Life of your Company
  • Free .com or .co.uk Domain Name

Prefer to order by telephone?

If you are not confident forming your company online - call our friendly team and we will complete your order by telephone.

The best choice of business bank accounts

Form your company with 1st Formations and set up your
business bank account with no paperwork or stress.

Barclays Bank Card
Natwest Bank Card
Monzo Bank Card
HSBC Bank Card
Anna Bank Card
Zempler Bank Card
Worldfirst Bank Card
Tide Bank Card

Frequently asked questions

Why should I buy the Digital Package?

It offers excellent value for those setting up a company on a budget and want to get their business up and running.

This package provides online company registration with Companies House, a full set of digital company documents, and the filing of the first Confirmation Statement.

What is the confirmation statement?

The confirmation statement is a document that must be filed annually, providing Companies House with up-to-date information about your company. This package includes the preparation and filing of your first confirmation statement.

Please note: This service does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored in your account.

This service is renewable annually at the cost of £59.99 +VAT.

Can I reserve my company name without forming a company?

No. You need to register a limited company using your desired company name to reserve the name and stop anyone else from using it.

Companies House will not allow anyone else to set up a company with a name that is ‘the same as’ or ‘too similar’ to an existing company name.

Are there any hidden costs?

The price you see quoted above is exactly the price you will pay.

Companies House charges a £50.00 registration fee for the formation of a new company, and we have included this cost in our package price.

All of the items included are a one-off payment, with no need for renewal.

What do I need to form a company?

Incorporating a limited company online is simple. No documents or signatures are required; however, you will need the following:

  • One director and one shareholder (the same person can assume both positions).
  • A registered office address.
  • At least one share issued.

See also: Information Required to Set Up a Company.

Do I need to supply proof of ID?

All company formation agents, including ourselves, have a legal requirement to check Proof of ID and Address.

Do not worry - over 90% of our customers successfully pass our digital ID checks, without having to do anything.

If you aren’t eligible for a digital ID check, or your digital ID check fails, don’t worry - 99% of customers are able to provide their ID via our Credas App using their smartphone. See here for more information.

What is a limited company?

A limited company is a legal entity which exists separately from its owners. It is managed by directors and owned by shareholders.

The owners’ financial liability is limited to the value of the shares they own in the company.

How do I open a business bank account?

During the company formation order process, you will be asked to select a business bank account referral from up to 7 of our banking partners, including Barclays, Natwest, Monzo, Tide and HSBC.

Once Companies House has accepted your company application, your chosen bank will contact you directly so you can open your business bank account.

All business bank accounts are subject to approval.

Is the Digital Package renewable?

Yes. The Confirmation Statement Service is renewable annually. We will email you at the end of the first year to remind you of the renewal.

The above service is renewable at our standard price - see our Pricing page for details.

Please note:

  1. The Filing of the First Confirmation Statement does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored on your account.
  2. This package provides a company with Ordinary shares. If you require forming a company with more than one class of share,
    please call our customer service team at 020 3897 2233, and we will be happy to assist you.
  3. The business bank account offers are only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are not eligible for this offer. If your company has overseas directors or shareholders, a business bank account referral to WorldFirst is included in our Non-Residents and eSeller Packages. Account openings for all banking referrals are subject to approval.

What our customers say

Rated 4.9 out of 5.0 4,672 reviews
Rated 4.8 out of 5.0 21,981 reviews
Rated 5.0 out of 5.0 205 reviews

« I found the whole company registration process really simple and used the digital package. Company was formed within a day or two so that was really good too. Overall A* making the whole process pretty easy »

Paul Howells

1ST FORMATIONS CUSTOMER

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