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PLC Incorporation - London Registrars

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  A public limited company must have at least two directors and a company secretary who is on record with Companies House. A public limited company also must have issued share capital of at least £50,000 (or the prescribed Euro equivalent as set from time to time by the Secretary of State). The liability of each member is limited to the value of shares a member holds. Registering your company as a PLC entails many benefits as well as more stringent capitalisation and governance requirements. For more information please visit the plc section in our FAQs. To incorporate your PLC, we will: check if the name you have chosen for your company is available and in line with company name rules prepare company registration forms, Articles of Association, Statement of Capital and Initial Shareholdings and statutory registers, using our own customised Model Articles file the documents and pay the required fees at Companies House provide legal ad...

Should You Still Incorporate A Company With Model Articles?

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  For those who might otherwise be unaware, the Model articles of association take the form of a legal document outlining the standard default provisions that regulate how a company is run. If you are looking to incorporate a limited company, articles in the firm’s constitution will set out the internal rules and regulations that the company’s members and directors are required to follow. It is a legal necessity for any public or private company formed in England and Wales, Scotland, or Northern Ireland to have articles at the time of incorporation. The question of having one, or multiple directors The Companies Act prescribes a standard format for the “Model Form” articles, with this “Model Form” being applicable in the event of the company not having commissioned a set of bespoke articles for it. However, there are various circumstances in which the suitability of the Model Form articles might be in question, and a recent court case has shone the spotlight on one potent...