Ltd. By Guarantee Company (LBG)
Ltd. By Guarantee Company (LBG)
A company that is limited by guarantee does not usually have shares or shareholders but instead has members who act as guarantors.
This company package is suitable for most of the non-profit organizations including clubs, sporting associations and membership organizations. In this package, you will get a new limited by guarantee company incorporated and the documents will be sent to you via email on the day of incorporation. If you live within the UK, you will also get printed certificate of incorporation and guarantor certificates via post.
Note: This may not be suitable for charity company, a company using the words (association, benevolent, federation, foundation, society or trust) in the company name, new company with 'limited' name exemption or a right to manage company.
UK limited by guarantee company
Quick online company setup
Companies House filing fee included
Super-fast online service (no signatures or paperwork)
Digital copies of company incorporation documents
Printed copies of official documents
Web authentication code
Corporate hijack protection
Free .co.uk domain name
FREE consultation with an accountant
FREE business startup and marketing guides
FREE online company manager account (to manage your company)
FREE customer support for the life of your company
When you register a company , you may come across a number of different terms, including limited by guarantee. A company limited by guarantee (LBG) is an alternative type of company structure used primarily by non-profit organisations. A company that is limited by guarantee does not usually have shares or shareholders but instead has members who act as guarantors.
This package is ideal for anyone setting up a non-profit company, such as membership organisations, clubs, and workers’ co-operative or sports associations.
No. This package is not suitable for setting up a charity. To set up a charitable organisation, you will need charity articles, which are available with our limited by guarantee with charity articles package .
The main difference between a guarantor and shareholder is that a shareholder would take profits from the company. A guarantor, under normal circumstances, will not take profits, and instead, any profit is re-invested into the company.
A limited by guarantee company provides limited financial liability to the company owners (guarantors). This means their personal finances are legally protected if the company encounters financial difficulties or gets sued, making it a popular and secure option for non-profit organisations.
Just call us and speak with our friendly company registration expert. We will complete your order by phone or guide you step by step.
020 7112 8684Or Email us: [email protected]