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Buying a Vintage Shelf company in the UK

A vintage shelf company is registered as an establishment with Companies House for a specific time period. Vintage shelf companies are registered for instantaneous use and have a prevailing corporation number. Such companies might not have been previously used, however, these companies are lawfully compliant – company accounts and annual returns are filed aptly every year. It’s imperative to get the correct company name, and it might be difficult to select a company name for the existing names – this process can be challenging to match the name of the company with the industry. Usually, agencies have a diverse list of company names that are appropriate for a wide range of businesses. There is also a provision to alter the business name if the owner wants. For new business owners in the United Kingdom, it is stress-free to buy a vintage shelf company and begin trading. All vintage shelf companies, offered by agencies, have been registered for the purpose of immediate use and the agency also provide assurance that the listed vintage shelf companies have not been operated earlier.

Most agencies in the UK have a comprehensive list of corporation names registered with Companies House that are accessible for purchase, hence, this makes the process of purchasing a vintage shelf company simple. The most important step in buying a vintage shelf company is selecting a name from the available all-inclusive list. Once the company name is selected, a questionnaire is shared with the business owners via e-mail to get the necessary details about the business. The following documents should be delivered to the agency while buying a vintage shelf company:

• All government registration official papers
• Certificate of non-trading
• 4 printed photocopies of the Memorandum and Articles of Association
• Form to transfer share
• Certificate of registration
• Mutual Register including Share Certificates
• Minutes and records of members

Advantages of purchasing a Vintage Company

There are sufficient advantages of purchasing a vintage shelf company, but predominantly the actual listing date of a vintage shelf corporation makes it look mature and more trustworthy as compared to a newly registered business. This gives the business an impression of being set-up since a long time and has a number of positive significances:

1. Dependability – An older company is usually considered to be more trustworthy as compared to a new one
2. Solvency – It is advantageous to use a vintage shelf company to make bids as certain organisations only accept contract bids from businesses that have been previously registered
3. Guaranteed Safety – Since, a vintage shelf company is previously registered with Companies House the business owners will not have to worry about the rejection of business or filing the documents for registering a company with Companies House
4. Filing History – When buying a vintage shelf company, the business owner must verify the current filing status Companies House to make certain that the company meets the business needs

Read Also: What is Off The Shelf Company or Ready Made Company?

List of vintage shelf incorporated in Leeds, London, and Liverpool

The below mentioned vintage shelf companies come with widely drawn memorandum and articles of association, and printed certificate of incorporation. These companies have a registered a nominee secretary, nominee director, and registered office address. However, an agency has the provision to re-register the details of shareholder, director, and registered address free of charge. These ready-made companies do not come with a Value Added Tax (VAT) registration number or with the pre-opened business banking account

List of vintage companies incorporated in Edinburgh

List of vintage companies incorporated in Belfast

Read More: Limited Company Formation

About the author

Sumit Agarwal
Sumit Agarwal (ACMA ACA India), the Managing partner of dns accountants is a highly respected accountant with expertise in helping owner-managed businesses.