We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
New LTD company Credit for sim only
Options

prodigalson
Posts: 68 Forumite

I am currently looking for a sim only deal for a newly incorporated UK LTD company. Anybody know what the requirements are as the company will have little to no information on the credit file. Just want a cheap sim only deal
Emergency Fund: 0/1,000
ISA: 0/20,000
Loqbox: 0/10,000
ISA: 0/20,000
Loqbox: 0/10,000
0
Comments
-
All of the main providers have a Business section with Sim Only contracts.
Having been in this situation, I can confirm that they will check you as a Director of the Company and use your Personal profile as a basis for their decision. Once you are 2-3 years of trading and have filed your accounts, your Business will have enough of a profile to stand on its own two feet for Credit Applications.
Dean0 -
All of the main providers have a Business section with Sim Only contracts.
Having been in this situation, I can confirm that they will check you as a Director of the Company and use your Personal profile as a basis for their decision. Once you are 2-3 years of trading and have filed your accounts, your Business will have enough of a profile to stand on its own two feet for Credit Applications.
Dean
Thank you for providing a clear and concise answerEmergency Fund: 0/1,000
ISA: 0/20,000
Loqbox: 0/10,0000
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards