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1990's Chicago Bulls Michael Jordan Signature Wilson Basketball
1990's Chicago Bulls Michael Jordan Signature Wilson Basketball
1990's Chicago Bulls Michael Jordan Signature Wilson Basketball
A Fast and Easy Process
We have taken the complexity out of forming and managing
your business. Our easy online forms can be completed in as
little as 10 minutes.
A Team of Experienced Agents
Our Business Specialists will form your new business the correct
way, saving you time and money by avoiding costly errors.
We do the filings while you focus on growing your business.
A Turnkey Solution
We will assemble your documents and file them directly with
Companies House and HMRC. You will receive your completed
company documents digitally and/or by post.
How it works ?
Search for your company
name to either check its
availability or find your
company in the register.
2. Fill out the
forms in 5 min
Fill out our short 100% online
forms. We take care of
sending your application to
Companies House & HMRC.
3. Get your
Get your filing done in a few
hours. Docs are available
in your dashboard. Printed
docs are sent the next day.
To register you will need a unique company name ,
a registered office - your company’s official address
(which can be your home), the director information
- name, date of birth, nationality, occupation, service
address, residential address, the shareholder/Share
information - name, numbers of shares held.
What is a formation agent?
Formation agents perform company registrations
and secretarial services via a direct electronic link to
Companies House. At Online Filings, we don’t just get
your company registered then leave you to it – we
use our experience to help you start your business
properly. There are plenty of reasons to use a
formation agent rather than go directly to
What type of company can I create?
Limited companies are the most common form of
incorporation at Companies House. They are suitable
for Medium, Small and Micro businesses. Limited
Liability Partnerships tend to be used by large
professional partnerships such as accountants,
solicitors, engineering companies and surveyors.
They do not require articles of association.
Which document do I need to create
Limited Companies and Limited Liability Partnerships
can be set up online and without the need for
paperwork or signatures. To become a sole trader,
you simply complete a form.
From our company formation agents
How to start a successful company
Starting a business can be one of the most rewarding
experiences in life, but also one
the most daunting and risky, particularly for small businesses. In 2018, there were
672,890 companies incorporated at Companies House but 508,865 were dissolved. If you’re
planning to start your own business, the best way to increase your chances of success is
well prepared. OnlineFilings™ have compiled this practical guide to setting up your
company in 8 easy to follow steps to help you on your path to becoming a successful
1. Do your research
Having good business ideas are great, but for the best
chance of success, you will need to do your market research. The key is to find out
whether there is genuine demand for what you are selling, whether you are selling cakes,
building services, consulting or are an online business.Have in mind who your target
market is. Are you targeting individuals or companies? What is the age range of your
ideal customer? Where are they located? Are they office workers?You can conduct market
research by sending out surveys, speaking to friends, family and colleagues or even
doing a ‘soft launch' to gauge demand for your products or services. You will also need
to research what your competitors are doing - consider what their prices, quality of
offering and location are.
2. Have a plan
All businesses require a plan if they are to be successful.
A simple, effective business plan will include information about your target market, how
you will reach you target market (marketing), what your Unique Selling Points are as
well as the expected financials of your company. Failing to understand the financials of
your business will make or break your company. The financials will include sales
forecasts and expected cashflows in and out as well as costs.Sales forecast. You will
need to have an idea of how much money you will make from sales A cashflow shows how
much money is expected to come in and out of your business. Expected cashflows are made
up of cash coming in (revenue) and cash going out (expenditure). Make a list of From
this you can work out how much profit you expect to make - as with any business, profits
are the key to successful operating business. Different types of business will have
different costs associated. However, all companies will need some kind of investment to
begin with. Your company may need business loans or start up loans to get started, and
these are widely available with banks, building societies and through government
3. Choose a suitable business structure
You can trade either as a sole trader (or partnership) or a
limited company. In general, it’s easy to set up as a sole trader and involves less
administration, but a limited company is more tax efficient. There are pros and cons for
both, and business owners should make the suitable choice based on their circumstances
and business model. The table below shows the key differences between a sole trader and
You are a shareholder; you hold all or a proportion of the company's share capital
You need to file a Self-Assessment Tax return with HMRC each financial year
You need to file a Self-Assessment Tax return with HMRC each financial year as a company Director
You are the manager or proprietor
You serve the company as its officer as a director (a company secretary is an officer too)
You are personally responsible and liable for the business, including any losses or debts.
The Company is liable for losses and debts the company incurs.
You don’t need to file Annual Reports with Companies House
You need to file Annual Reports with Companies House
4. Company Incorporation
If you choose the limited company, you will then need to pick your name. You
might want to check you can get a matching website address too. Using the search bar on the
OnlineFilings™ homepage, you can check if the limited company
you want is available to register. There are certain rules to choosing a company name and if your company
includes a ‘sensitive name’ it may be rejected by Companies House (for more information, see our FAQ for
Don’t forget to check you can get a matching website address too.
Once you’ve registered and have your Incorporation Certificate, there is more to do to make sure you
meet all of the legal requirements as a director of the company.
UTR numbers There are two Unique Tax Reference (UTR) numbers. One is your personal UTR which you need when you
complete your Self-Assessment Tax return with HMRC. You will need to register and file your Self-Assessment
if you are a Sole Trader or a director of a company, even if you are a basic rate taxpayer. The other is the
Company UTR. HMRC will post a letter to your registered office address with your company’s Unique Taxpayer
Reference (UTR) after incorporation. You will need this for paying Corporation Tax.
5. Business Charges
There are a number of business charges and taxes you need to be aware of when
running your business.
Corporate Tax - your limited company will need to pay corporate taxes on its profits. As of 2019,
this stands at 19% of profits and from 1 April 2020 will be set at 18%.
Pay As You Earn (PAYE)-If you intend to pay an employee (including yourself) more than £118, you will
need to register for the Government’s PAYE scheme. Employees are assigned a tax code which will calculate
how much you will need to take for income tax and National Insurance contributions when paying employees.
Value Added Tax (VAT)
- If your revenues (sales) are likely to reach or go over the £85,000 turnover threshold on a 12 month
basis, you are legally required to register for VAT with HMRC. However, even if you don’t hit the threshold,
you might want to consider registering for the following reasons:
If you register for VAT you will be able to claim back on the VAT for your expenditure from HMRC
Some suppliers/customers could discriminate against your business if you are not VAT registered,
affecting the growth of your company. Not being registered for VAT instantly informs a third party that
your business is generating less than £85K per year and set a signal that your business might be too
small for the job
Business Rates- if you have a physical business premises, you will have to pay business rates to your
local council, for example for a coffee shop rental or office space. The rate depends on your local authority so
you will need to check the rates before you sign the contract on your premises.
6. Set up business bank account
By law, the limited company is a separate legal entity, which in practice means
that you will need to set up a separate business bank account. For sole traders, it is still best practice
to keep your business finances separate from your personal finances. When setting up the account, be sure to
take a copy of your company Incorporation Certificate to your meeting with the bank.
7. Start trading: notify HMRC
You need to pay Corporation Tax if you register as a limited company and need
to notify HMRC within 3 months of starting to do business.
There are a number of business insurance. The key ones are:
Employer’s Liability-This protects you if an employee gets sick or is injured due to work. If you
employ anyone, this is required by law, but if you are the only director and the only employee is you,
it’s not required.
Professional Indemnity-this is not compulsory, but if you provide professional advice, this
protects you from legal action or if you make mistakes in your work.
Public Liability-this covers injury to members of the public as a result of your business. It is
not compulsory by law.
Register with HMRC for
VAT, PAYE, UTR & more,
all in 1 place
Our friendly customer
service team is
always 1 click away
Take a picture of your
passport or driving license
as your proof of ID
Our simplified forms are
very user friendly, even
on your mobile device
Start filing for your company here
From our business users
Quick and simple
Quick, simple and on line guidance is great.
3 days after first filing
Very easy to use
Very easy to use, quick clear confirmation e mail sent.
8 days after first filing
Excellent process for me.
This process was extremely easy and something that I thought would be difficult, when I sent a question it was answered within hours and further more my registration was set up in 36 hours.
3 days after first filing
First class service
First class service, did exactly what was promised and even agree to refund initial fee if they could not deliver. thank you
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