A limited company is a type of business entity that can be structured in two ways: ‘limited by shares’ or ‘limited by guarantee’.

A company that is limited by shares is typically a profit-making enterprise. This means that the company operates as a separate legal entity from its owners or directors, and has its own distinct finances that are separate from the personal finances of those who run it. The company issues shares to its shareholders, who are entitled to receive a portion of the profits generated by the business after taxes have been paid.

Limited companies that are limited by shares are often preferred by entrepreneurs and business owners who are looking to protect their personal assets in the event of financial difficulties or legal disputes. By incorporating their business as a limited company, they can limit their liability to the amount of money they have invested in the company. This means that their personal assets, such as their house or savings, are protected if the company runs into financial trouble.

At our company, we offer complete accountancy packages for limited companies that include all the necessary services to ensure compliance with UK tax laws and regulations. Our packages start at just £15 per month and include services such as bookkeeping, payroll, year-end accounts, and tax returns.

To get a quick quote for our services, simply fill in the form below and we’ll get back to you as soon as possible. We’re committed to helping small businesses thrive by providing affordable and comprehensive accountancy services that meet their unique needs.