About Limited Company Articles

Limited company articles are its constitution and defines how the company can operate, both internally and in relation to outside people and organisations.

Company articles are very flexible and subject to any conditions laid down with them they may be changed.

There are different types of limited company articles.

The basic type is known as the Companies Act 2006 model articles. This is the legal minimum and was drafted to make matters as simple as possible. We do not recommend these for trading companies.

In practice we recommend that a trading company, owned and directed by a single person uses our special articles, available with our popular package. These special articles have been prepared for us by a leading firm of commercial solicitors and encompasses a number of things not in the model articles.

For companies that have two or more people owning or directing it we recommend our advanced articles which cater for many of the potential disputes and issues that commonly arise between parties running a company. In effect it is similar to a shareholders’ agreement but at a fraction of the cost. These have also been drawn up the above solicitors.

If you wish to discuss your requirements with us we will be happy to do so, please call 0800 085 45 05 or email us to info@formationsdirect.com