Already established companies company formation in United Kingdom

What is an off the shelf company?

The expression “ready-made companies” or “ready-made companies” refers to companies that are already registered and therefore ready to start a business. They are usually unused entities that have never started a business or have been incorporated by a training agent to be sold at a later stage to meet the needs of customers who require a quick and simple solution.

Until a few years ago, the incorporation process was more time-consuming and involved the submission of paper forms, hence the importance of creating ready-made companies to be kept in stock and offered as a viable alternative to the standard procedure.

Advantages of ready-made companies

The advantages brought by a UK off the shelf company are many and make it still a relevant choice even now that electronic recording has taken over:

• Time saving: an off the shelf company is pre-registered and therefore gives you the opportunity to start your business immediately without going through the normal procedure and saving time on the incorporation process.
• Company number: a company number is provided when you purchase your off the shelf company; you may find this particularly convenient when a UK base is required by your counterparts to enter into a contract with them.
• Less bureaucracy: company documents (including the memorandum of association, articles of association, share certificates and all government registration documents) are delivered immediately after the acquisition of your company, avoiding the bureaucracy involved in the standard process.
• Credibility: the commercial history of a shelf company, established only a few months or years ago, gives the company a certain degree of credibility and enhances its reputation by facilitating relations with suppliers and customers as well as allowing the bidding on contracts where a presence in the company is required for a certain period of time.
• Company name: With our range of ready-made companies in stock you don’t need to think about a company name, just select the most suitable one from the list below.

How to buy a company off the shelf

GR Morgan Formations stocks a catalogue of trading companies for sale with different dates and names of incorporation. Choose from the items listed and follow the steps to purchase. Contact us to receive our updated list as new ready-made companies may be available.