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| Oswalds Guarantee Company
Companies limited by guarantee are private limited companies where the liability of the members is limited. The limitation of liability takes the form of a member guaranteeing to pay a nominal sum (£1 commonly) in the event of the company being wound up while they are a member or within one year of their ceasing to be a member. Unless the company was incorporated before 22 December 1980 it will not have a share capital.
Like a company limited by shares, a company limited by guarantee requires to be registered at Companies House through the submission of various statutory forms and its constitutional documents - the articles of association. It is only once the certificate of incorporation is issued that the company comes into existence.
Companies limited by guarantee can be used for a variety of purposes. They can be used for charitable activities or a variety of non-charitable activities such as clubs, societies, and trade associations.
Guarantee companies can apply for exemption of the use of the word "limited" from the company name provided the company meets the conditions for exemption.
For further information on our guarantee company formation services please contact Alister Gillies on 0131 200 7124 or by e-mail alister_gillies@oswalds.co.uk
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£275.00 + VAT
Non-Charitable Guarantee Package contains
- Original Incorporation Certificate
- 8 bound copies of the Articles of Association
- Company seal
- Guarantee Company Kit, a loose leaf binder containing full guidance notes, statutory registers and membership certificates in a sturdy protective cover with room to store the company seal
- Form AA01 to alter the company’s accounting reference date
- Draft Agenda and Minutes
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Why use Oswalds for company formations?
- Right formation, first time - dedicated, experienced staff on hand to help
- Post-formation support - a range of administration services and packages to support your business
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Speak to an expert
Alister Gillies
0131 200 7124
Alastair Drysdale
0131 200 7135
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