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The Best company formation agent in the UK (2021 Reviewed & Ranked)


About 1st Formations

1st Formations is a leading online company formation agent in the UK. They offer a comprehensive selection of company registration packages and address services for companies limited by shares, companies limited by guarantee and limited liability partnerships.

As an authorized Companies House e-filing agent, They can offer quick and simple online incorporation and ensure the best service possible.

With the majority of registration applications process within just 3 hours, this is the most efficient and reliable way to set up a company and start trading today.

They are interested in helping new businesses and our team of experts are continually developing our range of services to provide new and innovative products.

They pride themselves on listening to their customers and will be happy to offer assistance and answer any questions you have before, during and after the company formation process.

Busuness Dealing

1st Formations is a leading online company formation agent in the UK. With 24/7 customer support, They have formed over 500,000 companies in the UK. Experience you can trust.

They offer a comprehensive selection of company formation packages, address services and company secretarial services from our Covent Garden address.

As an authorized Companies House electronic filing agent, They can offer quick and simple online company formation, with the majority of company registration applications processed within 3 to 6 working hours, making it the most efficient and reliable way to set up a company and start trading today.

They also provide a range of address services, including Registered Office and Service Addresses to keep your personal details off the public record, as well as a Business Address service to use our prestigious Covent Garden, London address for all of your business mail.

This can help your company by establishing a presence in a prime business location, protecting your home address and developing an excellent corporate image.

1st Formations also specializes in company secretarial products, such as Company Dissolution, Apostilled Documents, Dormant Company Accounts, Director appointments and resignations, the Transfer and Issue of Shares, and more.

Service Area

  • Confirmation Statement
  • Dormant Company Accounts
  • Company Dissolution
  • Company Name Change
  • Director Appointment & Resignation
  • Business Telephone Services
  • Full Company Secretary Service
  • Issue of Shares
  • Transfer of Shares
  • Certificate of Good Standing
  • Apostilled Documents
  • Renewals
  • Barclays Bank Account
  • Lloyds Bank Account
  • Cashplus Bank Account
  • Worldpay Merchant Account

All Inclusive Package

Their All-Inclusive Package includes everything you will need to start your new business, and 1st Formations will act as your company secretary.

The registered office and service address ensure your privacy is guaranteed, and Their Covent Garden business address, business telephone service and appointed company secretary, provide an enviable corporate image for any company.

They also include PAYE registration, and if you change your mind during the first 12 months, They will close your company at no additional cost – providing peace of mind and much more.

Consider this if…

If your budget can stretch to it and you want to take advantage of Their full range of services to provide your new business with a great start to its life.

Savings when you choose this package

If you were to purchase each item in this package separately, the overall cost would be £570.99. So by selecting the All-Inclusive package you save £341.00.

Annual renewal costs

The registered office address can be renewed annually at a cost of £39.00 plus VAT. The service address can be renewed at a cost of £26.00 plus VAT. The business address service can be renewed annually at a cost of £96.00 plus VAT.

The confirmation statement service can be renewed annually at a cost of £34.99 plus VAT. The full company secretary service can be renewed.

Top Features:

  • Ready to Trade Company (Limited by Shares)
  • 3 to 6 Hour Online Formation (Subject to Companies House workload)
  • Companies House £12.00 Filing Fee Included
  • Email Copy of Certificate of Incorporation
  • Email Copy of Memorandum & Articles of Association
  • Email Copy of Share Certificate(s)
  • Email Copy of Company Register with First Entries
  • Printed Certificate of Incorporation
  • Printed & Bound Memorandum & Articles of Association
  • Printed Share Certificate(s)
  • Registered Office Address, Covent Garden, London WC2
  • A Service Address (for 1 person), Covent Garden, London WC2
  • Business Address Service, Covent Garden, London WC2
  • Full Company Secretary Service
  • VAT Registration (use at anytime)
  • PAYE Registration (use at anytime)
  • Filing of the First Confirmation Statement
  • Call Answering + Business Telephone Number – Free for 1 Month
  • GDPR Compliance Package
  • 12-month Cancellation Protection
  • Free Business Bank Account (optional)
  • Free Online Company Manager to Maintain your Companies
  • Free Online & Telephone Support for the Life of your Company

How Does the 1st Formations Process Work?

Their 1st Formations review suggests the process is relatively straightforward. If you’re not sure where to start you can have an informal chat with one of the many agents, they can talk you through the company formation process, your options, and how to complete the online form. As a brief overview you will need to:

Choose your Company Name

First impressions count, choose a company name that resonates with your company image and then search to see if it’s available for registration.

1st Formations Review

Select the best Registration Package

They discovered that there are 8 packages to choose from in total (lots of info to digest so prepare yourself)!

If you’re looking to register a Private Limited Company there are five packages to choose from. You get a set of digital documents (with some packages you also get hardcopy documents).

A couple of the packages also offer address services such as registered office addresses, and the all-inclusive package offers added extras.

There’s also a package aimed at those looking to register a Limited by Guarantee Company, a package for those wanting to register a Limited Liability Partnership (LLP), and a Non-Residents package for overseas residents keen to set up a UK company.

Plus, in 2021 they launched an e-Seller package. This is designed for businesses selling via their own e-commerce website or through a platform such as Amazon or eBay. It provides company registration, online banking options, and a registered office address service.

Check Out the Optional

From conducting our 1st Formations review, we were able to look over the optional extras offered. There’s are quite a few to choose from! The business address services could prove useful, as could the business telephone number and call answering service.

Input Your company Details

Finally, you need to input the details of your company. We’ve given the application form a quick once over and it seems relatively quick and painless.

You’ll need to enter your registered company address, and Standard Industrial Classification (SIC) code (relating to the activities of your business).

You can find your SIC code on the website so don’t worry if you don’t know it! You will also need to include personal details of your company directors and shareholders.

1st Formations Fees

1st Formations profess to keep their fees low and offer full transparency, which means there are no hidden costs to worry about. The fees certainly seem competitive and we have to agree that using a formation agent can be a cost-effective solution.

Prices range from a very reasonable £12.99 to £229.99 depending on the package that best suits your needs. VAT is excluded from the price, so you will need to take this into account too.

It’s worth keeping in mind that the fees do vary based on the type of package you are interested in. Check to see what you get for your money – address services are not included in all of the packages.

There’s also a whole host of other optional extras, so be aware that the package price could increase quite significantly once you’ve finished loading your shopping basket!

Best Value for Money

Our 1st Formations review indicates that you do get markedly good value for money. We do like the clear pricing structure and there are a few sweeteners thrown in for good measures, such as access to the free Online Company Manager which will enable you to easily maintain your company.

Certain packages also have added bonuses, these include a Free .com or .co.uk Domain Name, an Amazon Business account 25% Discount Voucher and VAT registration, to name but a handful of freebie features.

Pros

There appear to be lots of benefits to using 1st Formations, let’s see what’s on offer:

Good customer service

1st Formations state that 99% of customer calls are answered within 7 seconds by senior and experienced team members. Aftercare is considered important too, and you continue to receive support throughout the life of your company.

Lots of packages and benefits

There are plenty of packages and features. Some benefits are included within the package price e.g. the online company manager feature that allows you to update company records etc. Others can be added on for a fee.

Full compliance and world-class partners

Our review reassures us that 1st Formations ensure all documentation is up-to-date, top-quality and fully compliant with all appropriate legislation and regulations. The company also has world-class partners (including Lloyds Bank, Tide, Barclays Bank and Amazon Business).

Apply easily and start trading on the same day!

You can trade as a limited company within a matter of hours (the majority of requests are processed within three hours). The online process is straightforward and there’s plenty of support should you need it.

Cons

Let’s check out the disadvantages our 1st Formations review spotted:

Lots of information to process

There’s lots of information to digest regarding the packages available and the additional services. Everything is outlined on the website, but you will need to spend time reading through it all!

Some additional fees and VAT isn’t included

The package prices are competitive, but the cost of additional services can add up – so take that into account if you have a budget in mind. Note that VAT isn’t included so you will have to take that into account too.

FINAL WORDS

As your chosen company formation agents, They are available and ready to support you every step of the way; from tentative initial enquires, to help you choose a package, to get you through the online application form. They are happy to tell you that 99% of all calls to our customer service team are answered in less than 7 seconds.

As soon as your new company is incorporated, They will send you a digital copy of your company documents. Printed documents will take between 24 to 48 hours to reach you by post, and if your package included any address services, these will be set up for you within 3 to 5 working hours.

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