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Jim1790 Jim1790 is offline
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Join Date: Sep 2008
Posts: 12
Form 10 - Help.

Hi,

I'm just filling in Form 10 from Companies house to set up a Private Limited Company By Guarantee but I'm struggling slightly. It says "Company name in full" Do I put...

"(My company name) Private Company Limited By Guarantee"

Is that right?

Also what do I put in the "Business Occupation" field?

Thanks in advance, Help is much appreciated.
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James Smith's Avatar James Smith James Smith is offline
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Join Date: Mar 2003
Location: Abingdon, Oxfordshire
Posts: 2,044
If I where you I would stop right where you are.................and if you really must do it, do so using an online filing agent. its about £35 or less and will be formed by the morning and you wont botch it.

However from your posts you have made I have absolutely no idea why you are forming a company. From your posts you have two business ideas in very early stages, neither of which are very likely to make you enough money to warrant a company in the near future, even if the ideas work to perfection.

Be extremely careful what you are getting yourself into here. Can you actually afford to have the accounts filed? What quotes and advice have you had? This is serious stuff you are getting into here.

Sorry for the rant but the number of useless companies I end up closing down is quite frankly unbelievable, not to mention all the tax lost that could have been offset had they been trading in their own name.
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MikeH's Avatar MikeH MikeH is offline
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Join Date: Feb 2005
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If James assessment of your previous posts is correct I would read his thread again. Too many people form companies for the wrong reasons. It would save you a lot of money to get some professional advice before starting an LTD you regret.
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Eagle's Avatar Eagle Eagle is offline
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Couldn't agree more. Get the money coming in first, then form a Company if it's advisable to do so.
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simonr simonr is offline
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Maybe it's a necessity

I've got clients who will only buy from a Ltd and even then only if you're VAT registered.

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Eagle's Avatar Eagle Eagle is offline
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Seems a little paranoid...
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simonr simonr is offline
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They've met me! :)

Seriously, it's local authorities who tend to be a bit paranoid, I agree. For example, only a few of my clients bother to check insurance - of those that do they just need to know I've got it. Only a few care how much and only a tiny minority need it to be as high as £1m..... on the other hand, local authorities require it to be £5m!

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