020 8492 6363 LOGIN INTO ACCOUNT HOME WHY CHOOSE US COMPANY FORMATIONS COMPANY SERVICES CONTACT US Public Limited Company The key difference between UK public limited companies and UK private limited companies is that a UK public limited company may offer to sell its shares to the public. A PLC cannot start business until it has a Certificate, issued by Companies House, entitling it to do so. The main step to take in getting such a Certificate is to ensure that there is at least £50,000’s worth of shares in issue when the application is made, with at least 25% of each of the shares making that figure paid up in cash. The following examples can be used to illustrate the potential pitfalls to beware of: 1. If the company has shares with a nominal value of £1.00 each, then at least 25 pence must be paid up in cash on each and every share, with the other 75 pence remaining unpaid and owing until such times as the shareholders pay it up voluntarily or upon receipt of a demand that they do so issued by the Directors. This will, therefore, equate to a cash amount of £12,500 paid up with £37,500 remaining owning to the Company. 2. If, though, those shares are of a nominal 1 pence each, then because it is not possible to divide such a sum into smaller denominations, the whole £50,000 must be paid up in cash, in full before the application for the trading certificate can be applied for. Prices Public Limited Company Pack price (Basic, Standard, Executive) + £60 How to Order To order a Public Limited Company please contact us via our enquiry form or call us on 020 8492 6363 . Section Navigation Ready Made Companies Limited by Guarantee Public Limited Company Limited Liability Partnerships Flat Management Companies Right to Manage Companies Community Interest Companies Start UK Company Formation START FORMATION Company Formations UK Limited Companies Ready Made Companies Limited by Guarantee Public Limited Company Limited Liability Partnerships Flat Management Companies Right to Manage Companies Community Interest Companies Company Services Post Incorporation Services Nominee & Secretarial Services Company Searches Company Documents & Products Utility Links Why use us Contact us Login to account Terms & conditions Privacy Policy Cookie Policy Company Information Formations Direct Limited t/a A1 Company Services, registered in England & Wales Company No.: 04267328. Registered Office: Woodberry House, 2 Woodberry Grove, North Finchley, London N12 0DR | VAT Registration No.: GB 874 6436 87 © Copyright 2021 by Formations Direct Limited t/a A1 Company Services. All rights reserved.