Public Limited Company Formation

£16.99
Form Public Limited Company / PLC

If you want a company with a prestigious profile, greater access to capital and the ability to be able to advertise and sell your shares to the public, then a Public Limited Company may be most appropriate for your needs.

The purpose of a Public Limited Company is to be able to sell shares to the public through a Stock Exchange. However, many are privately owned and operate as PLCs for the extra financial status.

All limited by shares packages @UKPLC Company Registration offers are suitable for Public Limited Companies.

Who Is It For?

Someone interested in a Company with limited liability benefits, but who would like the benefit of the extra financial status or be able to sell shares to the public.

Benefits

Shares may be sold to the Public
Possibility to enter the Stock Market
Permission to advertise sale of shares publicly
Provides extra financial status
Access to capital
Value of shares
Opportunity to more easily make acquisitions
To give a company a more prestigious profile

Additional Information

Compulsory elements to forming a PLC:

2 Directors minimum
1 Shareholder minimum
Qualified Company Secretary
Shorter filing period for accounts after end of financial year
Need to hold an AGM
Generally a lot more administration
In the statement of capital section you will need to issue at least 2 shares, and then file an SH01 form to issue up to 12,500 shares
An SH50 form needs to be completed and submitted to Companies House to obtain a a Certificate of Trade before any trading can commence. This has to prove that at least 25% of £50,000 worth of shares have been paid up.