Pricing

'Price is what you pay, value is what you get' - Warren Buffett

1st Formations Price List

Our products and services are designed to deliver maximum value. With years of experience behind us, we know what businesses really need to get started and thrive. Simply and affordably.

Company Formation Packages Price
(excl. VAT)*
Privacy Package £17.99
Telephone Order Fee (applies to selected packages only) £12.99
Companies House Fee † £100.00
Address Services 1st year
(excl. VAT)*
Renewal Price
(excl. VAT)*
Other Services Price
(excl. VAT)*
Pre-Submission Review £4.99
12 Month Cancellation £14.99
Same-Day Incorporation Service £79.99
GDPR Compliance Package £39.99
PAYE Registration £24.99
ICO Registration £89.99
Business Bank Accounts from up to 8 Banking Partners Free
Additional Copies of Company Documents Price
(excl. VAT)*
Digital Certificate of Incorporation Free
Digital Memorandum & Articles of Association Free
Digital Share Certificate £5.00
Digital Membership Certificate £5.00
Digital Guarantor Certificate £5.00
Digital Minutes of First Board Meeting £5.00
Digital Company Register with first entries £9.00

* All prices are subject to VAT at the standard rate of 20%

† For company formation packages, a Companies House fee of £100 will be added to the package price. This fee is a government charge and is not subject to VAT.

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.

Lloyds Bank Card
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Lloyds business account

Join over 1 million businesses that bank with Lloyds and get an instant decision on up to £5,000 credit (subject to status). Open a Business Account and enjoy a range of benefits, including free accounting software with no hidden costs, no monthly account fee for the first 12 months, and 24/7 mobile banking to manage your finances on the go.

How to apply

Once your company is formed, you will be invited to apply via their app. Most applications are completed in minutes, and you’ll receive a prompt decision on your credit limit.

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.

Revolut Bank Card
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Revolut Business account – for non-UK residents

Revolut Business is an all-in-one finance platform built for companies that want more than just a bank account. From £10 per month, you'll get access to multi-currency accounts in GBP, EUR, and USD across 50+ countries, plus integrations with Xero, FreeAgent, Shopify, and more – keeping your finances and accounting in one place. 

How to apply

Our Non-Residents package comes with a free banking referral. Once your company is formed, you'll receive an email with everything you need to get started – including a link to apply for a Revolut Business account. If your application is approved, you'll be set up with a UK sort code and account number shortly after.
Note: All account openings are subject to approval.

Wise Bank Card
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Wise Business account – for non-UK residents

Wise Business is designed for companies that operate across borders. With no monthly fee, you can hold and convert 40+ currencies, receive local account details in GBP, EUR, USD, AUD, CAD, and more, and send low-cost international payments to 80+ countries. Wise integrates with Stripe, Xero, Shopify, and QuickBooks to keep your financial admin streamlined.

How to apply

Our Non-Residents package comes with a free banking referral. Once your company is formed, you'll receive an email with everything you need to get started – including a link to apply for a Wise Business account. If your application is approved, you'll be set up with a UK sort code and account number shortly after.
Note: All 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.

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