Digital Package

Limited company formation

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What's included

£52.99
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At a cost of £52.99 +VAT, our Digital company formation package provides a set of company documents by email (PDF) and the filing of the first confirmation statement.

Consider this if...

You have a tight budget and you just need a basic limited company to get your business up and running.

Savings when you choose this package

The total value of our Digital company formation package is £101.99, but it is available to purchase for just £52.99 +VAT. That's a saving of £49.00.

Features:

  • Ready to Trade Limited Company
  • Online Formation within 24 Hours
  • Companies House £50.00 Filing Fee Included
  • Email Copy of Certificate of Incorporation
  • Email Copy of Memorandum & Articles of Association
  • Email Copy of Share Certificate(s)
  • Filing of the First Confirmation Statement1
  • Free Business Bank Account (optional)
  • Free Online Company Manager to Maintain your Companies
  • Free Online & Telephone Support for the Life of your Company
  • Free .com or .co.uk Domain Name

Please note:

  1. The Filing of the First Confirmation Statement does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored on your account.
  2. This package provides a company with Ordinary shares. If you require forming a company with more than one class of share, please call our customer service team at 020 3897 2233, and we will be happy to assist you.
  3. The business bank account offers are only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are not eligible for this offer. If your company has overseas directors or shareholders, a business bank account referral to WorldFirst is included in our Non-Residents and eSeller Packages. Account openings for all banking referrals are subject to approval.

Prefer to order by telephone?

If you are not confident forming your company online - call our friendly team and we will complete your order by telephone.

020 3897 2233

The best choice of
business bank accounts

Form your company with 1st Formations and set up your
business bank account with no paperwork or stress

Barclays Bank Card
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Barclays business bank account

This leading high street bank offers a business bank account with no fees for the first 12 months. Their App allows you to manage your account online, make payments locally and internationally, and create invoices for free.

How to apply

Once your company has been formed, Barclays will contact you with details on how to open your account. Your account will be opened within 6 to 8 weeks, and your business debit card will arrive within 5 days of the account being activated.

Natwest Bank Card
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NatWest start up business account

Established high street bank NatWest offer a business bank account with no transaction fees for the first 18 months. They also provide a range of borrowing options to help grow your business.

How to apply

NatWest will email you within 1 day of your company's incorporation with instructions for opening your account.

Monzo Bank Card
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Monzo business bank account

This business bank account offers spending notifications, pots to separate and manage your money, FSCS protection, and instant UK bank transfers. Starting with no monthly fees, it's a great choice for businesses.

How to apply

Monzo will email you within 24 hours of your company's formation to guide you through the account opening process.

HSBC Bank Card
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HSBC Kinetic business current account

This business bank account helps you manage your company's finances with an App that provides categorised spending, mobile cheque deposit, the ability to make in-app payments of up to £25,000 per day and monthly cashflow outlook. There is no monthly account fee for the first 12 months.

How to apply

Once your company has been formed, HSBC will email instructions on downloading their App. Once downloaded, you can apply in minutes, with most accounts being opened within 2 days.

Anna Bank Card
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ANNA business bank account

This online business banking solution provides free money transfers and ATM transactions, 1% cashback on business expenses paid with your debit card, and the ability to set up direct debits. ANNA also provide multiple debit cards with customisable spending limits.

How to apply

Once your company is incorporated, you'll receive an email and SMS with a link to start your online application. Most accounts are opened in just 3 minutes, with your company's debit card arriving within 5 working days.

Zempler Bank Card
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Zempler business current account

An online business bank account which includes expense cards, a business Mastercard and an award-winning app. You can set up direct debits, make purchases for free and arrange a business overdraft of up to £2,000.

How to apply

Once your company is formed, Zempler will contact you to complete a quick application. With no credit checks required, you'll receive your UK bank account and sort code within 5 minutes. Your business Mastercard will follow in the post within 5 working days of your account being opened.

Worldfirst Bank Card
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WorldFirst UK Business Account – for non-UK residents

A straightforward business banking solution for non-UK resident customers. Apply for an account in minutes and gain access to local account numbers and sort codes for over 10 currencies, including USD, GBP, and EUR. Pay staff partners, and suppliers in over 40 currencies and integrate with Xero for simple accounting and reconciliation.

How to apply

A referral is included free with our Non-Residents and eSeller packages. Once your company has been formed, you'll receive an 'Order Fulfilment' email containing a link to sign up for a WorldFirst Business Account. If your application is successful, you'll receive your UK bank sort code and account number shortly after. Account openings are subject to approval.

Tide Bank Card
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Tide business current account

Business banking with Tide allows you to simplify your company's financial management. Their business account App integrates with tools like Xero, QuickBooks, Sage, and others, so you can take care of accounting and invoicing all in one place.

How to apply

After forming your company, complete a simple online application and your account will be opened within an hour. Once your account is open, your free business Mastercard will be sent to you.

Learn More

Frequently Asked Questions

Why should I buy the Digital Package?

It offers excellent value for those setting up a company on a budget and want to get their business up and running.

This package provides online company registration with Companies House, a full set of digital company documents, and the filing of the first Confirmation Statement.

Opt for our Privacy Package should you want to protect your home address from appearing on public record.

What is the confirmation statement?

The confirmation statement is a document that must be filed annually, providing Companies House with up-to-date information about your company. This package includes the preparation and filing of your first confirmation statement.

Please note: This service does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored in your account.

This service is renewable annually at the cost of £59.99 +VAT.

Can I reserve my company name without forming a company?

No. You need to register a limited company using your desired company name to reserve the name and stop anyone else from using it.

Companies House will not allow anyone else to set up a company with a name that is ‘the same as’ or ‘too similar’ to an existing company name.

Are there any hidden costs?

The price you see quoted above is exactly the price you will pay.

Companies House charges a £50.00 registration fee for the formation of a new company, and we have included this cost in our package price.

All of the items included are a one-off payment, with no need for renewal.

What do I need to form a company?

Incorporating a limited company online is simple. No documents or signatures are required; however, you will need the following:

  • One director and one shareholder (the same person can assume both positions).
  • A registered office address.
  • At least one share issued.

See also: Information Required to Set Up a Company.

Do I need to supply proof of ID?

All company formation agents, including ourselves, have a legal requirement to check Proof of ID and Address.

Do not worry - over 90% of our customers successfully pass our digital ID checks, without having to do anything.

If you aren’t eligible for a digital ID check, or your digital ID check fails, don’t worry - 99% of customers are able to provide their ID via our Credas App using their smartphone. See here for more information.

What is a limited company?

A limited company is a legal entity which exists separately from its owners. It is managed by directors and owned by shareholders.

The owners' financial liability is limited to the value of the shares they own in the company.

How do I open a business bank account?

During the company formation order process, you will be asked to select a business bank account referral from up to 7 of our banking partners, including Barclays, NatWest, Monzo, Tide and HSBC.

Once Companies House has accepted your company application, your chosen bank will contact you directly so you can open your business bank account.

All business bank accounts are subject to approval.

Is the Digital Package renewable?

Yes. The Confirmation Statement Service is renewable annually. We will email you at the end of the first year to remind you of the renewal.

The above service is renewable at our standard price - see our Pricing page for details.

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Purchase the
Digital Package today

£52.99
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I found the whole company registration process really simple and used the digital package. Company was formed within a day or two so that was really good too. Overall A* making the whole process pretty easy.
Paul Howells 1st Formations Customer
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