A limited company is an organisation that can be formed to run a business. It’s responsible in its own right for everything it does and its finances are separate to your personal finances.
Any profit that the company makes is shared between the 'Members' after corporation tax has been paid.
Every limited company has ‘members’ - the people or organisations who own shares in the company.
Directors are responsible for running the company. Directors often own shares, but they don’t have to.
There are many legal responsibilities involved with being a Director and running a limited company. We can help you to comply with these requirements.