Book a tour
Select your location
Get a free coworking day when you book a tour
Brighton
Brighton
Lewes Road, Brighton, BN2 4GL
Book a tour
CRL
CRL
Shipping Building, 252 Blyth Road, Hayes, UB3 1HA
Book a tour
Insights
News

How to Register Your Business with Companies House

Written by 
Rosie Murphy
 on 
December 12, 2022
Plus X Innovation
5
 min

Read our guide about why you should register with Companies House.

A Plus X Innovation member working on their laptop


Registering with Companies House and creating a limited company can provide your business with valuable advantages. Read our guide to why you should do it with step-by-step tips for registering a limited company.

When setting up a new venture, you have various options when it comes to your legal business structure. This includes operating as a sole trader or a limited company.


It is recommended that you speak to an accountant to check which structure is right for you and your business.


What's the difference between a sole trader and a limited company?


There are various differences between sole traders and limited companies as well as pros and cons to each.


Sole traders



A sole trader is a self-employed person who is the sole owner of a business.


Advantages of being a sole trader include:

  • It is the simplest business structure to set up and it comes with much less paperwork and responsibilities than limited companies.
  • Sole traders do not need to register with Companies House. You only need to register with HM Revenue & Customs for self-assessment tax purposes.
  • Sole traders have more privacy than incorporated companies because their details are not publicly available via the Companies House register.

Disadvantages of being a sole trader include:

  • There is no legal difference between a sole trader and their business which means they are personally liable for any debts and could lose personal assets if the business fails.
  • Sole traders often find it harder to access business funding because banks and other finance organisations usually favour limited companies.
  • Unlike limited companies, a sole trader's business name is not legally protected to prevent other people from using it.
  • Many business boosting government funding initiatives and innovation programmes, such as some Plus X programmes, require participants to be operating a limited company registered with Companies House.




Limited companies



A limited company is a separate legal entity to its owners and directors which means personal assets are protected if something goes wrong.


Being a limited company does mean more paperwork and responsibilities than sole traders, but it is very often an advantage for new and growing businesses looking for funding and access to learning, expertise and connections offered by innovation programmes.




How to register on Companies House



The government provides detailed guidance for registering with Companies House on the gov.uk website.


Here's a step-by-step summary of the process with links to the more detailed guidance:


Choose a company name



It is a legal requirement to register a business name when setting up a limited company. It can't be the same as the name of another registered business, and if it is too similar to another company's name or trademark, you may be required to change it.


There are other rules including:

  • It can't be a 'same as' name, which means the only difference is things such as extra punctuation or special characters.
  • It can't be an offensive name, contain a 'sensitive word' or imply a connection with the government or other official authorities if you don't have permission.




To check you are not breaking the rules, you can search the Companies House register and the trade mark database.



Select directors and a company secretary



You must appoint at least one company director. They have various responsibilities, including following the company's rules, keeping company records, filing company accounts and tax returns, and paying Corporation Tax.


It is not a legal requirement to have a company secretary, but you can appoint one to deal with some of the responsibilities of company directors.


Choose guarantors or shareholders



If your limited company is 'limited by shares', which most companies are, you need at least one shareholder. Each shareholder, who can be a director, owns shares in the company. Shares can be any amount.


When registering your company, you need to tell Companies House the number of shares and total value for each shareholder.


Companies limited by guarantee (often known as 'not-for-profits') need at least one guarantor and a 'guaranteed amount'. These are the people who make decisions and control the company, but they don't take any profit.


Decide the people with significant control over your company



People with significant control (PSC) are those who own or control the company.


You need to tell Companies House who your PSCs are during the company registration process and record their details on your company's PSC register.



Prepare company documents



To register a company, you need two documents:

  • Memorandum of association: Signed by the shareholders or guarantors who have agreed to form the company. If you register your company online, it will be created automatically. For those registering by post, the government provides a template.

  • Articles of association: The rules for running the company agreed to by shareholders or guarantors, directors, and the company secretary. You can use model articles or write your own.



Register your company



To register a company, Companies House charges £12. You can register online or by post. You can also use a third party company formation agent, but the fee might be more expensive.


You need to provide at least three pieces of personal information about yourself and your shareholders or guarantors. Examples include national insurance number, passport number, place of birth and mother's maiden name.


You need a registered office address which is where official written communication will be sent. It must be a physical UK address and in the same country as where your company is registered. Bear in mind that your company information will be publicly available, so you might not want to use your home address. Most company formation agents provide an address you can use.


You need to provide a SIC (standard industrial classification of economic activities) code that describes what your business does.


Your business will usually be registered within 24 hours. You will receive a certificate of incorporation, and your details will be added to the public Companies House register.


Plus X runs several innovation programmes which deliver knowledge, guidance, connections and structure to unlock the potential of a great idea.
Registering with Companies House and creating a limited company can provide your business with valuable advantages. Read our guide to why you should do it with step-by-step tips for registering a limited company.

Rosie Murphy

Content + Social Media Manager at Plus X Innovation.

Continue reading

Lucy Hughes pitching MarinaTex - Fish waste plastic alternative
Sustainable plastic alternative "MarinaTex" wins Disruptors
News
5
min read

On Tuesday the 12th November, we held our first ever Disruptors competition at Unbarred Brewery in Brighton.

Entrepreneurs at a taster event
Introducing the December 2021 Profitnet Pioneers
Community
7
min read

As the year comes to an end, we are reflecting on an incredible year of the BRITE project.

A group of business owners
Brighton's Best Entrepreneurs - BRITE Highlights 2022
News
11
min read

We've only just finished the first quarter of the year and already have plenty to shout about from BRITE.

Expert Clinics in Brighton
Business Networking Opportunities in Brighton
Insights
12
min read

While the events of the last few years have improved virtual meetings and online events, nothing beats the buzz of the real thing.

"Work hard, have fun, make history" sign in the the West London workshop
B Corp and Beyond: How to Become a Better Business
Insights
7
min read

Building a sustainable, ethical, and socially responsible company makes business sense. Read how to become a B Corp, and other options.

Ella Gilchrist, Sociella, winner of Plus X Brighton + beepurple residency
The beepurple + Plus X Brighton Residency
Stories
8
min read

This summer, Plus X Brighton welcomed two up-and-coming businesses from the University of Brighton to the innovation hub.

Two women looking at a computer screen
The Small Business Guide to Social Media
News
7
min read

Want to make a success of using social media for your small business? Read on for our top tips.

The Plus X Innovation team with Grace Prior at the Dynamic Awards
Celebrating Sussex Women in Business at the Dynamic Awards
Stories
10
min read

In past awards in Brighton and Hove, Sussex and Surrey, shockingly just 26% have been won by women.

The BRITE cohort on the Brighton roof garden
BRITE Inspiration: Meet the INSPIRE Cohort
News
4
min read

Eleven exciting and scaling businesses moved into the new home, Plus X Innovation to start their journey on the INSPIRE programme.

Person presenting at a Plus X Innovation event
Reflections on the Better World Collective Innovation Summit
Insights
6
min read

Radical collaboration, starting with iterative change, and talk to each other to accelerate sustainable innovation.

Post it notes
What to Do if Your Business is Stuck in an Innovation Rut?
Insights
4
min read

A business that is not recognising the importance of innovation is a business in decline. Learn how to get out of your innovation rut.

The Control Freq team
Control Freq: A Story of Growth
Stories
4
min read

Control Freq, an on-demand mobile technology company were one of Plus X Brighton's founding members.

Ben Rousseau looking at his product
Rousseau Designs: From Prototype to Working Product
Insights
4
min read

In September, Ben Rousseau joined Product Foundry to focus on bringing his Tempus collection of futuristic timepieces to market.

Austin Okolo speaking to a group
Meet the Innovator: Q+A with Austin Okolo, CEO at The Gen Z Club
News
17
min read

Gen Z Club CEO Austin Okolo shares his insights into how Gen Z is impacting the workforce.

Plus X Innovation Co-Founder Mat Hunter
Why are Workshops Important to Plus X Innovation? An Interview with Mat Hunter
Insights
4
min read

We recently interviewed Mat Hunter, Co-CEO at Plus X to learn why prototyping workshops are a vital part of our innovation ecosystem.

A paper copy of Moulsecoomb Stories
Introducing Moulsecoomb Stories
Stories
1
min read

Explore Moulsecoomb Stories - our book introducing the successes of Plus X Brighton and its members.

Artist Lois O'Hara with her design at Plus X Innovation Brighton
Creator spotlight: Lois O' Hara
Stories
3
min read

We interview Brighton-based artist, Lois O' Hara.

Members working in a shared workspace at Plus X Innovation Brighton
Meet the inspiring innovators on our BRITE innovation programme
News
7
min read

In times of unprecedented and turbulent change, it is a commendable step forward to focus on the future of innovation for your business.

The Makers Cabinet Team
An Interview with CRL Accelerator Alumni, Makers Cabinet
Stories
4
min read

Makers Cabinet is pioneering the future of great design and uncompromised quality in the stationary industry.

Storganise at their Plus X Innovation desks in Brighton
Storganise: From a Rock 'n' Roll Lifestyle to Creating Niche Software
Stories
5
min read

Jenny and James found themselves moving from a Rock 'n' Roll lifestyle in live events, to creating niche software.

Rebekah Few, Plus X Innovation's in-house mental wellbeing expert
Considering the mental wellbeing of your team
News
4
min read

We're passionate about supporting both individuals and companies in navigating the future of work in these unprecedented times.

Person working on computer in Plus X Brighton
Loneliness: What No One Tells You About Being a Business Leader
Insights
6
min read

It’s normal to feel lonely as a leader, but that doesn’t mean isolation. Find your tribe through networking and shared workspace.

A group of people collaborating at a computer in a Brighton meeting room
Why Team Away Days are More Important Than Ever
Insights
5
min read

Away days can help to connect, inspire and motivate remote, hybrid, and in-office teams. Read our guide on running a successful away day.

People viewing an app on a phone
7 Apps to Improve Employee Wellbeing
Insights
4
min read

Health and wellbeing apps can be a cost-effective tool to help tackle employee wellness.

Person on a video call with colleagues in a phone booth at Plus X Brighton
How to Manage a Dispersed Team
Insights
6
min read

Operating a company with a dispersed team comes with its challenges . Read our guide to how to successfully manage a dispersed team. 

CRL Accelerator cohort 10
Introducing CRL Accelerator Cohort 10: Makers Of Net Zero
Innovation
12
min read

Meet the startups kicking off their journeys on CRL Accelerator Cohort 10: Makers of Net Zero

Temp
What are the Benefits of Coworking?
Insights
4
min read

Why would a business choose coworking over traditional office space? Find out the benefits of coworking and flex workspace.

Temp
Trailblazing for Change One Year On: The Impact on Plus X
Innovation
10
min read

Trailblazing for Change was born at Plus X to champion and advocate for women and marginalised gender groups in business.

Plus X Innovation logo being made
Reintroducing Plus X Innovation: The Story Behind the Brand
Insights
5
min read

Explore the story behind the new look Plus X Innovation, as told by the brains behind the new brand, Lauren Walsh.

Plus X Innovation Workshop
How to Make Space for Innovation
Learning
5
min read

Learn how to embed a culture of innovation into your business.

Future Works exterior
Plus X Innovation to Launch New Innovation Hub at The Future Works in Slough
News
4
min read

Plus X Innovation will create a unique and inspiring workplace at The Future Works in Slough, in partnership with AshbyCapital.

Three people have a meeting at Plus X Innovation
How to Run an Effective Meeting
Insights
3
min read

We’ve compiled some of our top meeting tips to help you make your next meeting a fruitful one.

Three women sat together on Plus X Innovation Rooftop
17 Brighton Women in Business Sparking Change
Insights
4
min read

Based on nominations from the Plus X Innovation team, this list celebrates just some of the brilliant businesswomen in Brighton and Hove.

Someone's hand raised at an event
Why Values are Important in Business
Insights
4
min read

Learn all about why having defined values will strengthen your business.

Two people in the coworking space of Plus X Brighton
How to Embrace Hybrid Working
Insights
4
min read

Discover how your business can embrace hybrid working to keep your team happy and your business productive.

Outside the Plus X Innovation Brighton building
The Plus X Innovation Story
Insights
7
min read

As a Chinese philosopher once said: When the winds of change blow, some people build walls and others build windmills.

Weekly Yoga Class in the Plus X Innovation Brighton Launch Space
Why we champion wellbeing at Plus X Brighton
Insights
3
min read

Understand the importance of self-care and how it can help improve all aspects of our lives.

Plus X Innovation Brighton Managing Director, Olga Hopton
Catching up with our Plus X Innovation Brighton MD
News
4
min read

With just a few weeks to go til the Brighton hub opening, we spoke to MD, Olga Hopton.

Man creating a prototype in the Plus X Innovation workshop
Innovation is the ability to see change as an opportunity, not a threat" - Steve Jobs
Insights
6
min read

What does the future of innovation look like and who will be designing the products of the future?

Marc Convey speaking at a Plus X Innovation event
"When your back is against the wall, innovation and agility will see you through"
News
6
min read

We spoke to Marc Convey, Co-founder of Brighton-based video innovation agency 23D.

Peak: Alcohol alternative with adaptogens
Peak: Disrupting drinking culture for good
Stories
3
min read

Dry January may be (almost) over - but Plus X Innovation's Brighton based startup, Peak, is disrupting drinking culture for good.

The Founders of Naurt holding their Rising Star award
Naurt - The next GPS
Stories
5
min read

Read about how Naurt is changing the game for location tracking.

The Votch team working in a Brighton coworking kitchen
VOTCH: Time for Cruelty-Free and Compassion
Stories
6
min read

Cruelty-free watch company, VOTCH, is the phoenix to rise from the ashes of founder Laura's experience with Topical Steroid Withdrawal.

Plus X Innovation team winning awards
Plus X Innovation Hubs celebrates a summer of awards success!
News
5
min read

One year on from opening, Plus X Innovation Brighton has won several industry-leading awards.

Brite Disruptors 2021
BRITE Disruptors: Meet the Innovators Shaking Up Business in Brighton
News
6
min read

On Thursday 4th November, Plus X Brighton hosted the first ever BRITE Disruptors event.

A member of Plus X Innovation working
Making mental health a business priority in 2023
News
6
min read

It's vital that leaders of businesses large and small make supporting their team's mental health a priority.

Roadways at Plus X Innovation Brighton
Roadways: Paving the Way to a Sustainable Future
Insights
6
min read

Roadways is a long-established modern highways construction company with innovation at its heart.

Plus X Innovation Brighton building at night
8 Great Places to Start a Business in the UK
Insights
9
min read

With a huge growth in new businesses in 2021, we explore the best places to start a business in the UK.

A person writing down notes for a business
Start a Business Checklist: 11 Steps to Setting Up Your Small Business
Insights
7
min read

Discover the key steps to take in your early days as an entrepreneur with our in-depth business startup checklist

Members working together on the Plus X Innovation rooftop
Why Finding a Business Mentor Could Be Gamechanging
Insights
4
min read

Finding the right mentor for you and your business could change everything.

People writing down ideas at Plus X Innovation
How to Find Funding for Your Startup
Insights
6
min read

Looking for funding for your startup? This guide explains how to find it.

Two people working in an office in Plus X Innovation
What to Look For In Your First Office Space
Insights
4
min read

With SMEs and entrepreneurship culture booming, finding the right home for your business can be crucial to its survival.

A group of people testing out a product in the Plus X Innovation workshop
What is Open Innovation?
Insights
8
min read

Read our guide on how open innovation can benefit your business.

Award for Best Newcomer at the 2022 Property Awards
One to Watch: Plus X Wins Best Newcomer at the 2022 Property Awards
News
2
min read

Plus X Innovation was delighted to be named 'Best Newcomer in Commercial Property' at Property Week's prestigious Awards.

A member speaking at SoapBox in the Launchspace at Plus X Innovation Brighton
How to Become a Successful Business Leader
Insights
6
min read

Read our guide to successful leadership to inspire you on your journey to being a better business leader.

The first cohort of Product Foundry working together in the Plus X Innovation Brighton Workshop
Product Foundry: Welcome to the First Cohort of Makers
News
7
min read

In May, ten creative physical product makers kicked off their journey on Product Foundry. Meet the first cohort.

Entrepreneurs working together at a desk at Central Research Laboratory
How to Turn Your Side Hustle Into a Full-Time Business
Insights
5
min read

Are you running a business alongside your day job? This guide outlines how to make the leap and turn your side hustle into a full-time job.

Collaboration at Plus X Innovation Brighton | Ask the Xperts
Why Workspace Needs to Be More Than Just Offices
Insights
5
min read

The needs of modern workspaces have changed. Employees are seeking flexible working hours and locations, and putting health first.

Members doing yoga in the launchspace at Plus X Innovation
What Makes a Workplace Healthy?
Insights
4
min read

It's more important than ever to ensure that your work environment is sustaining your health and wellbeing.

Networking at Plus X Innovation Brighton
A Guide to Keeping Employees Happy as You Scale
Insights
4
min read

Picking the right time to scaleup your business can be hard to pinpoint.

People using the Podcast suite Plus X Innovation Brighton
Should Your Business Start a Podcast?
Insights
4
min read

Podcasts have had quite the journey. But is starting a podcast right for your business?

Open innovation between startups and corporates at the Better World Collective Innovation Summits
Three Things Corporates Can Learn From Small Businesses About Innovation
Insights
4
min read

Innovation has proven to be a crucial component to success in business - for corporates and startups alike.

A member entering CRL
Hub and Spoke Office Model: Is This the Future of Business?
Stories
5
min read

Fiscover why so many businesses have adopted the hub and spoke approach to workspaces.

Two people working together in the workshop at Plus X Innovation Brighton
20 Inspiring Innovation Statistics for Businesses in 2023
News
5
min read

Want to boost your business innovation? Be informed and inspired by 20 of the most interesting 2023 innovation statistics.

Paul Rostas and Mat Hunter, Co-CEOs of Plus X in the Plus X Brighton workshop
How Cities Could Benefit from Innovation Hubs: An Interview with Mat Hunter
Stories
5
min read

Hear from Mat Hunter, Co-CEO at Plus X Innovation to uncover what we look for when exploring for new innovation hubs.

Entrepreneur pitching to corporates at Better World Collective Summit
What Small Businesses Should Know About Pitching to Corporates
Insights
5
min read

Ready to take your idea to big business clients or partners? Here's what you need to know about pitching to corporates.

The first cohort of BRITE Pioneers at Plus X Innovation
The BRITE Pioneers: Cohort One
Insights
8
min read

Plus X Brighton welcomed 15 businesses that are on their way to change the world to Pioneers.

Plus X Brighton reception from above
A Guide to Downsizing Your Business's Office Space
Insights
5
min read

Due to the growth of hybrid working, many businesses have opted to reduce the size of their workplace or move to a coworking hub.

A Plus X Innovation member working on their laptop
How to Register Your Business with Companies House
Insights
5
min read

Read our guide about why you should register with Companies House.

Product Foundry Cohort Two in the Plus X Innovation Brighton Workshop
Welcome Product Foundry Cohort Two: The Greater Brighton Product Makers
News
6
min read

Product Foundry is a BRITE innovation programme for cutting-edge product makers in Brighton. Meet the second cohort of makers.

Group of Dad La Soul parents and children in the Brighton Launch Space playdate
Dad La Soul Brings Family Fun to Plus X Brighton
News
2
min read

For the next 12 months, we're proud to announce that Plus X Brighton will become home of Dad La Soul's new Brighton playdate.

Toby Kress, Plus X Innovation, applauding on stage at CRL Accelerator Demo Day 2022
Congratulations to CRL Accelerator Cohort 9
Insights
2
min read

Learn about the 9th cohort of CRL Accelerator.

The second cohort of the Pioneers Programme at Plus X Innovation
The BRITE Pioneers: The Second Cohort Making a Better World
News
7
min read

Take a look at the second cohort of pioneering businesses who want to make a difference.

Plus X Innovation Brighton in motion
How to Start and Run a Business During Economic Change
Insights
5
min read

Tough economic conditions can actually be beneficial for startups to exploit market gaps.

Innovation happening between members in the Plus X Innovation Workshop in Brighton
The Case for Collaboration: Why Corporates Should Work with Startups
Insights
2
min read

Startups exist to be disruptive. Corporate-startup collaboration can bring benefits to both parties. Learn how to make it work.

Jay Salih in the Plus X Brighton podcast suite
The 25 Best Innovation Quotes to Inspire Business Leaders
Insights
4
min read

We've put together some of the best innovation quotes to help inspire you on your mission.

Coworker from above working at a desk in Plus X Brighton
How to Utilise Underused Office Space
News
4
min read

The hybrid working revolution has brought with it many positive changes for teams - but changed requirements for office space.

A person standing working at a laptop in an open area in the Brighton workspace
Mat Hunter: Why Businesses Need Space to Innovate
Insights
7
min read

Plus X Innovation Co-CEO Mat Hunter explains why dedicated innovation space is necessary for businesses of all sizes.

People collaborating in a meeting room
Why is Collaboration Important in the Workplace?
Insights
3
min read

Collaboration at work is about so much more than water-cooler moments and team meetings.

The third cohort of BRITE Pioneers at Plus X Innovation Brighton
BRITE Pioneers: The Third Cohort Driving Impact
News
9
min read

Meet cohort three of BRITE Pioneers.