Nearly £2000 to Restore Ltd Company

PeebleHouse

I am required to have a Limited Company be booked to do leadership coaching work for the staff of a large organisation. I was considering restoring my old Ltd company but Companies House said it would cost me nearly £2000 to do that when all the fees are totalled up. Would it be possible and cheaper to just set up a new Limited Company?

Thank you

Pennywise

Of course it would. If you can't do it yourself directly with Co House, there are formation agents and even accountants who'd do it for a fraction of that cost. Anywhere from £15 to £100 is the norm depending on how much help you need. You'd also have to do the tax registrations for VAT (?), PAYE, corporation tax and self assessment - again you can do it yourself via the HMRC webpages or get an accountant to do it.

Unless there's a reason why you want the old company restored, it makes no sense to spend that kind of money.

James1968

Just register a new company with almost identical name to the old one.

PasturesNew

You could use an umbrella company; it costs you money, but you can compare costs/benefits of that by pricing a couple up.