Company Formation & Ongoing Management: Built for Founders Who Want to Get On With Things
Setting up a limited company is one of the fastest ways to separate your personal finances from your business, access certain tax advantages, and present a more established face to clients. But formation is just the first step: a company comes with ongoing obligations to Companies House and HMRC that can catch new directors off guard. Trusted Figures forms your company and stays beside you as it grows, handling the compliance so you can focus on running it.
What’s included
- Registering your limited company at Companies House (including name check and SIC code selection)
- Advising on shareholding structure and director appointments
- Registering the company for Corporation Tax with HMRC
- Setting up a tax-efficient director salary and dividend strategy
- Filing the annual Confirmation Statement with Companies House
- Preparing and filing annual accounts and the Corporation Tax return
- Advising when it makes sense to wind down or restructure the company
Who this is for
For sole traders ready to incorporate, freelancers setting up their first company, and entrepreneurs launching a new venture who want professional structure from day one.
Common questions
It depends on your profitability, risk appetite, and plans for growth. A limited company can offer tax advantages above a certain profit level and provides limited liability, meaning your personal assets are generally protected if the business runs into trouble. We'll review your numbers and give you an honest picture of what makes sense at your stage.
Companies House typically processes online formations within 24 hours, sometimes the same day. We handle the filing and send you the certificate of incorporation and memorandum once they arrive.
As a director, you're legally required to keep company records, file accounts and a Corporation Tax return annually, and submit a Confirmation Statement to Companies House each year. There are also payroll and VAT obligations depending on how the company trades. We map these out for you at the start so nothing comes as a surprise.
Yes. Most directors take a combination of a low salary (often set around the National Insurance threshold to be tax-efficient) and dividends from after-tax profits. The right balance depends on your personal tax position. We model this for you and keep the strategy updated as rates change.