Recent Blog Posts...

What Restrictions Are Placed On Company Names?
@UKPLC Company Registrations
Jun 27, 2018
What are the Articles of Association?
@UKPLC Company Registrations
Jun 20, 2018
Forming a Company in the UK
@UKPLC Company Registrations
Jun 13, 2018
Can I File Documents With Companies House In Other Languages?
@UKPLC Company Registrations
May 30, 2018
How To Determine Your Target Market
@UKPLC Company Registrations
May 23, 2018

Recommended Blogs

Limited by Guarantee: Who are the members?

May 13, 2014

A Company Limited by Guarantee has no share capital, therefore no shareholders. It has members who act a guarantee to a specific amount and could be liable to pay such amount if the company went into liquidation. This amount is usually small (only a few pounds) and determined in the Memorandum of Articles and Association.

Membership is not transferable. In case of resignation, the guarantee will last a further 12 months. This would be seen as an internal matter and Companies House does not need to be notified. You can record and file minutes of the matter for the company’s own record.

New members may be required to pay a non-refundable entry fee as well as an annual subscription.


Karen Horne


No comments yet.

Have Your Say