UKCORPORATOR'S STANDARD COMPANY CONFIGURATIONS

(Note: this page is currently being re-written in view of recent law changes. Some of the information here may no longer be current. UKcorporator's incorporation process however remains perfectly valid and effectual and complies with current law.)

General comments
UKcorporator is able to generate the necessary documents for all company types (i.e. private companies limited by shares or by guarantee or unlimited with or without a share capital, as well as public companies) and caters for a very wide range of possible configurations (e.g. multiple share classes, multiple currencies, any amount of share capital, partly paid shares, multiple directors etc). However, in order to save time for people wishing to form a straightforward private company, two standard configurations are offered. UKcorporator's interview process will be significantly shorter and simpler if you elect to use one of UKcorporator's standard company configurations. It is therefore strongly recommended that you use one of the standard configurations (unless of course you reach the view that neither of the standard configurations suits your circumstances).

'One director' standard company configuration
UKcorporator's 'one director' standard company configuration is as follows (further explanations of each point are given at the bottom of this guidance):



Private company limited by shares.


One member/shareholder/owner also being the sole director.


No company secretary - as permitted by law since 6 April 2008.


Authorised/nominal capital of ten million £1 ordinary shares.


Issued capital of one £1 ordinary share (fully paid).


General commercial company objects/powers (suitable for virtually any enterprise) in the memorandum of association.


'Table A' based articles of association with 'common enhancements' (generally suitable for most circumstances).


No shares held on trust i.e. all shares held beneficially/absolutely by shareholders (and consequently no trust deed produced by UKcorporator).


'Limited' as the 'name ending' i.e. the last word of the company name.

This configuration is likely to suit, for example, an individual wishing to provide his or her contract/consultancy services via a company, or wishing to operate any kind of small business via a company or wishing to hold investments via a company. Further information is available by clicking on the guidance buttons below.

'Two director' standard company configuration
UKcorporator's 'two director' standard company configuration is as follows (further explanations of each point are given at the bottom of this guidance):



Private company limited by shares.


Two members/shareholders/owners.


Two directors, being the same two persons (or entities) as the members/shareholders/owners.


No company secretary - as permitted by law since 6 April 2008.


Authorised capital of ten million £1 ordinary shares.


Issued capital of two £1 ordinary shares (fully paid - one share to each member/shareholder/owner).


'Table A' based articles of association with 'common enhancements' (generally suitable for most circumstances).


General commercial company objects/powers (suitable for virtually any enterprise) in the memorandum of association.


No shares held on trust i.e. all shares held beneficially/absolutely by shareholders (and consequently no trust deed produced by UKcorporator).


'Limited' as the 'name ending' i.e. the last word of the company name.

This configuration is likely to suit, for example, two people (possibly, but not necessarily, a husband and wife) wishing to provide contract/consultancy services via a company, or wishing to operate any kind of small business via a company or wishing to hold investments via a company. Further information is available by clicking on the links below.

Click below for further explanation of the above terms etc. (The information accessed via these guidance buttons is repeated later when each issue becomes relevant throughout the site. It is provided here merely to assist with your decision whether to use one of UKcorporator's standard company configurations.)

Private -vs - public companies   Guidance

Members/Shareholders/Owners   Guidance
Directors   Guidance
Company secretaries   Guidance
Authorised/nominal capital vs. issued capital   Guidance
£1 ordinary shares   Guidance
'Table A' based articles of association with 'common enhancements'   Guidance
General commercial company objects/powers   Guidance
No shares held on trust   Guidance
'Limited' as the 'name ending'   Guidance
Articles of association   Guidance
Memorandum of association   Guidance
UKcorporator Copyright © 2000 and onwards