COMPANIES LIMITED BY GUARANTEE

This is the type of company commonly used for a club or an association. This will have limited liability - the liability of its members being limited to the amount each member undertakes to contribute to the assets of the company in the event of its being wound up, normally £10.

Very often this type of company will eventually register itself as a Charity with the Charity Commission and if you are considering this course of action we can prepare the Memorandum and Articles with this in mind, but please advise us when you order.

No shares are issued. This type of limited company has members. The members agree to contribute a membership fee or subscription, normally have equal voting rights and elect a board of directors. Any profits (often known as "surpluses") are not distributed as dividends, but may be used to support the activities for which the club is formed.

Our charge for forming a Guarantee company is £150.00 inclusive of all fees & VAT   After adding this Guarantee formation pack to your Basket please complete the following short form to enable us to process your order Guarantee Company Additional Details Form If you have ordered a GUARANTEE COMPANY PACK please supply the following additional details: Telephone No: Email Address: Name of Company Required: The Registered Office Address (If known - otherwise leave blank) Address 1: Address 2: Town: County: Postcode: The Directors and Secretary details will only be required after incorporation as will the registered office address if you leave the above address field blank.You will be sent the relevant Companies House appointment forms with your Company Pack. Tick for a 25% web design discount voucher (valid for 1 year) from www.SiteWizard.co.uk

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