Specialist company formation · Northern Ireland
Specialist formation support for an unlimited company, where members do not have the usual limited-liability protection.
Is it right for you?
Unlike a normal limited company, the members of an unlimited company can have unlimited liability for the company’s debts if it is wound up and cannot meet its obligations. It should therefore be chosen deliberately, with the structure understood before formation.
How it works
Check your name, then provide the members, ownership and intended company structure.
We review the structure and filing details, complete the required checks and submit the formation.
After incorporation, you receive your company documents and confirmation of registration.
It means the members do not benefit from the same cap on liability that shareholders in a normal limited company usually have. If the company is wound up with insufficient assets, members may be required to contribute without a fixed limit.
No. Most trading businesses choose a limited company. An unlimited company is a specialist structure and should be used where there is a clear reason for doing so.
Yes. We have experience with specialist formations and can guide you through the process and the information needed before filing.
Yes. It remains a company registered at Companies House. The unlimited feature concerns the liability of its members rather than removing the normal company structure.
Not necessarily. An unlimited company may be formed with or without share capital.
No, but any exemption is conditional. Some unlimited companies must still deliver accounts depending on their ownership, group structure or activities.
Companies House does not publish dedicated model articles for unlimited companies. The constitution needs particular care and must not contain provisions that limit the members’ liability.
In certain circumstances a private limited company can re-register as unlimited. This requires the agreement of all members and appropriately amended articles.
Check your proposed name, then continue straight into the online order.