Limited by Guarantee Package

A Limited by Guarantee (LBG) company is usually best suited for non-profit organisations, such as clubs, associations and memberships. Rather than the company’s turnover going to profits or to shareholders, it is instead re-invested into the company. Any organisation on the Charity Commission must be an LBG company.

Printed Memorandum & Articles of Association

Standard

£29.99+VAT

Bespoke

£49.99+VAT
Online Company Registration

Your company will be formed in 3 to 6 hours (subject to Companies House workload), after successfully completing our quick and easy online application.

'Limited' Company Name Exemption

You can upload your own Articles or download and edit our template Articles to apply for exemption of the word 'limited' in the company name.

Sensitive Words in Company Name

You can upload your own Articles or download and edit our template Articles to apply for the use of sensitive words e.g. 'Trust' and 'Society' in the company name.

Bespoke Articles

You can upload your own Bespoke Articles or download and edit our template Articles to use.

Digital Company Certificates

We will email you all your company's certificates, including the Certificate of Incorporation, Guarantor Certificate(s) and Memorandum & Articles of association.

Printed Company Certificates

We will post you official printed copies of your Certificate of Incorporation and Guarantor Certificate(s).

Free Pre-Submission Review

We will fully review your company registration application to be successfully approved by Companies House.

Free Online Management Portal

Use our free online management portal to view, update and download your company information with ease.

Do you need any help?

Contact us, we will be happy to help you!

0121 236 8560

 contact@companies999.com

FAQ’s

An LBG is a limited company with guarantors instead of shareholders. Any profits made by the company do not go to these guarantors, but instead go towards the company achieving its goals and objectives. The most common use of LBG’s are sports clubs or community projects. A Limited by Guarantee company also provides limited financial liability protection for the owners (guarantors) from financial difficulties.

If an LBG company has a shortfall in its assets upon being wound up, the guarantors will have to put forward a guarantee, a nominal amount, stated in the company’s articles. This can be any amount thought fit, however it is usually £1. It is possible for guarantors to take a share of the profits, however LBG’s are usually used for non-profit organisations so this is not normally applicable.

To start an LBG, you will need:

  • 1 Director and 1 Guarantor – These can be any person or corporate body, and can be the same person.
  • A UK Registered Office – You can use our Registered Office Service in the prestigious Jewellery Quarter, Birmingham
  • A Memorandum and Articles of Association – This sets out the rules and regulations of the company and states each guarantor with their agreement to become members. We offer a template Memorandum and Articles of Association to all Companies999 customers.

Please note:

  • This package is not suitable for charities, please see our Charity Package for this.
  • If you have any specific requirements such as ‘Limited’ exemption, please contact us to discuss this on 0121 236 8560.

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