How long does it take to form a company in the United Kingdom?
Setting up a new limited company is quicker than many expect. With the right incorporation service, you can form a company online and have it ready to trade on the same day.
The fastest way to form a company
The fastest way to set up a company is by completing an application through an online company formation agent. This simple and cost-effective option streamlines the entire process.
By selecting your company name in advance and preparing the necessary information, you can complete the online application in just a few minutes.
When you submit the form online, Companies House (the UK registrar of companies) reviews and approves it within 24 hours. While most applications receive faster processing, delays can occur if Companies House faces a high workload.
Since Mondays are usually the busiest day at Companies House, and applications submitted on Friday afternoons may not be processed until after the weekend, it’s best to file your application between Tuesday and Thursday before midday for a higher chance of same-day approval.
To complete a company formation application, you’ll need to provide the following information:
- Company name: Ensure it’s unique and follows naming guidelines.
- Registered office address: Official address for correspondence.
- Director details: At least one director is required.
- Member details: At least one shareholder or guarantor (members can also be directors).
- People with Significant Control (PSCs): Usually the members.
- SIC code: Describes your company’s primary business activities.
At Startxpress, forming a company is easy with free guidance and support throughout the process. Our streamlined services ensure the fastest company incorporation by handling the majority of the administrative tasks that would typically fall on Companies House.
Alternative ways to set up a company
You can form a company directly with Companies House, either online for £50 or by post for £78. Completing the application (form IN01) can be a bit time-consuming, especially if you choose the paper form.
Online applications are generally processed within 24 hours, while postal applications typically take 8 to 10 days. If there are mistakes on the form, you’ll need to correct them and resubmit to Companies House, which can lead to delays and potential extra costs.
Unlike company formation agents, Companies House does not provide tailored professional advice or support with tasks like selecting a company name, choosing the right company structure, issuing shares, or modifying the articles of association. This lack of guidance can make the process more challenging for those unfamiliar with company formation requirements.
Do you have any other questions?
The process of forming a company in the UK typically takes 24 to 48 hours if completed online through Companies House, assuming all submitted details are accurate. However, if using postal applications, it may take around 8 to 10 days. Processing times can vary depending on the completeness and accuracy of your documentation.
For more information, visit the Startxpress Help Center and Blog. If you have further questions, feel free to reach out at support@startxpress.io!
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