BootStrap Order Form (RTF)		BootStrap Order Form (PDF)
	Supplementary Questionnaire		Supplementary Questionnaire
	All BootStrap files Zipped

Options
There are 3 simple options available when you purchase your own company. In all cases your company will come with a guarantee of having never traded previously.

1) You can order a company with your own choice of name at outset. This is a viable option for those with at least 10 working days in hand before trading is to commence.

2) You can purchase a company with a pre-registered name. This option is for those in a hurry or not immediately concerned about a name which you can alter later.

3) If you are in a hurry but want to choose the company name, you can purchase a pre-registered company and we will complete the necessary paperwork to effect the name change.

If you are a Contractor, then prior to signing your first contract you need to own a company and be appointed as Director. We recommend that you contact us as soon as you are committed to contracting via a Limited Company. This point may vary from weeks in advance for the utterly committed to a few days for the wary individual waiting until work availability has been clearly established.

Under the BootStrap service, the companies are registered in and governed by the laws of England. This does not prevent you accepting contracts in other countries.

To purchase your BootStrap Company

Step One:

Decide on the type of company you wish to purchase.

The options available are: 

Option 1: Own Name Company 

This will be the usual choice for anyone wanting a company carrying a personalised name and with sufficient time available prior to commencing trading.

Option 2: Ready Made Company

a) No name change (For those in a hurry and/or unconcerned about the name of the company )
b) Election to change name  (For those in a hurry but wanting a name of own choice )

With an Own Name Company or Ready Made Company (no name change) the formation cost is the same price through SumIT. 
To change the name of a Ready Made Company, there is an additional fee for the administrative work and charges incurred with Companies House. 

In all cases, SumIT will be the company's initial subscriber, shareholder and Director with SumIT (Company Secretary) Limited the initial Company Secretary. The essential difference is timing, with the Own Name Company taking approximately 10 working days for formation once we have received your payment (obviously the Ready Made has already been formed). 

SumIT sets up all companies with standard Memorandum and Articles of Association prepared. These outline the rules governing the running of the company. Although unlikely, if required, these can be amended subsequently by a Special Resolution. 

Authorised Share Capital: unless otherwise requested the company will an authorised share capital of £1,000 divided into 1,000 shares of £1 each. The initial shares issued to the subscriber is one. Once you have purchased the company you can choose to allot and issue additional shares up to the authorised limit. 

Step Two:
In order for us to transfer ownership of the company we need information from you about yourself and any other proposed Directors. There needs to be one Secretary and at least one Director. It is not permissible for the sole director to be Company Secretary. This can be done quickly and efficiently by completing and signing the appropriate forms which we shall send on receipt of your order for your completion. It is a legal requirement that we have original forms and signatures.

These forms are:
Appointment of Director or Secretary (Form 288a)
Change in Situation or Address of Registered Office (Form 287)

Additional form for Bootstrap:
A Supplementary questionnaire requesting miscellaneous information required for Board Minutes, Preparation of registers, VAT Registration etc

Option 1 and 2 a) £160 plus VAT (£188.00 inclusive of VAT at current rate)
Option 2 b) £185 plus VAT (£217.38 inclusive of VAT at current rate)

SumIT will be the company’s initial subscriber, shareholder and Director with SumIT (Company Secretary) Limited the initial Company Secretary and the registered office is at their offices.

You will require 2 positions to be filled in your company: Director and Secretary and these cannot be the same person if there is only one Director.

SumIT sets up all companies with standard Memorandum and Articles of Association prepared. These outline the rules governing the running of the company. Although unlikely, if required these can be amended subsequently by a Special Resolution.

Authorised Share Capital: the company will have an authorised share capital of £1,000 divided into 1,000 shares of £1 each. The initial shares issued to the subscriber is one. Once you have purchased the company you can choose to allot and issue additional shares.

Once we have received your order we will send you the following for completion

• Companies House Form 288a (appointment of director and secretary)
• A supplementary questionnaire. This will help us prepare Board minutes and to submit PAYE and VAT administration and banking arrangements.

Documentation provided on start up
SumIT (Company Secretary) Limited will act as Secretary so the official records will be kept at their registered office until instructed otherwise. Copies of the following documents will be sent to following your appointment as director of your company.

• 3 bound copies of Memorandum and Articles of Association
• Certificate of Incorporation
• Certificate stating that the company has neither traded nor incurred any debts
• Certificate of Renunciation of Subscriber Shares
• First Board meeting minutes
• Form J10 – stock transfer form
• Form 288b – Resignation of SumIT as director and Secretary
• Form 288a – Completed, appointing your nominated Director and Secretary
• Form 288a – blank, for future use
• Form 225 - notice of accounting reference date
• Form 88(2) – return of allotment of shares
• Statutory Registers

Prior to owning your own company we recommend that you read the information about Responsibilities of Directors. These are outlined in the Companies House Guidance Booklet GBA1/V1 www.companieshouse.gov.uk