The Wholesale Forums

[Anthony]

Originally Posted by trademan

i have, yes again i say PUBLIC not private, yes i know you have to have to 50k etc and also the share thing ,

just want a good cheap website to set it all up, they all are expensive, so if anyone could be of help that would be great , also i am looking for finance brokers as i will be applying for a loan at a later stage

What I think people might be getting at is if you are setting up a PLC, why are you trying to skimp on the registration fees? Surely you can afford to do this via the appropriate route?

We aren't intentionally trying to undermine your knowledge, merely trying to assist as best we can.

[Jazzy123]

Originally Posted by Anthony

What I think people might be getting at is if you are setting up a PLC, why are you trying to skimp on the registration fees? Surely you can afford to do this via the appropriate route?

We aren't intentionally trying to undermine your knowledge, merely trying to assist as best we can.

yep i agree


____

I was shocked you were questioning a £200 registration fee, when the other financial implications are huge!

[geosamm]

whichever company sets it up for you it will be very unlikely and unusual if they do the minutes of meetings etc.... they may publish them for you... but you will have to supply the information i.e the actual minutes. As above it seems a little incredulous that the financial costs of set up seem to be no problem but the minimal costs of registration should prove worthy of reducing. But the question is difficult to address because of the lack of details, information and expected end result [what you are trying to achieve]

[Anthony]

To add to this thread, these are the sorts of discussions you should be having with your legal advisor, not really with forum members. (Not to do anybody any injustice but I don't think any of us here are versed in Law?!)

I assume you have taken adequate legal advice before reaching your decision to register a PLC?

[geosamm]

Originally Posted by Anthony

To add to this thread, these are the sorts of discussions you should be having with your legal advisor, not really with forum members. (Not to do anybody any injustice but I don't think any of us here are versed in Law?!)

I assume you have taken adequate legal advice before reaching your decision to register a PLC?

does my LLB Hon count?

[Anthony]

Originally Posted by geosamm

does my LLB Hon count?

I guess it does. My mistake.

You could be useful around here.....

[geosamm]

I hope so..... but it was a long time ago.... and things do change when you dont keep up to date.
I didnt use it much... used it more when I managed a C.A.B. than any other time... although I did do some court work it never lived up to the perry mason image

[trademan]

ok i have set up company PUBLIC limited! not private

i have filled in form 117 share capital, i will have a certificate to borrow funds

can anyone help to where i go from there?? do i contact a finance broker?, high street banks??

or is there a business forum somewhere on internet so i can ask them

[FiveStarWholesale]

Originally Posted by trademan

ok i have set up company PUBLIC limited! not private

i have filled in form 117 share capital, i will have a certificate to borrow funds

can anyone help to where i go from there?? do i contact a finance broker?, high street banks??

or is there a business forum somewhere on internet so i can ask them

Out of interest, why have you set up a Public Limited Company?

[D M]

Shouldn't you of sort out the finance first?