What is the definition of an off the shelf company?
An off the shelf company is a pre-existing company that is already registered with Companies House and ready for you to start trading. At Paramount Company Formations, we offer ready made and vintage companies for you to choose from.
What is the difference between ready made companies and vintage companies?
For our ready made companies, we have an extensive list of Companies House registered company names that are to trade immediately. Meanwhile, Vintage companies come with the added bonus of being registered with Companies House for a significant period – providing your business with instant history, trustworthiness and creditworthiness.
Can you change the name of an off the shelf company?
Once you have purchased an off the shelf company, you can change the name to any available business name you would like, with our change of company name service. However, if you struggle to come up with a business name, an advantage of buying an off the shelf company is that it already comes with a business name - so if it’s appropriate and you like it, you can use that one without giving it another thought.
What are the benefits of buying an off the shelf company?
Having an off the shelf company can be beneficial because if a company has been registered for a few years, this can instill confidence in customers and other companies such as suppliers, who may be more comfortable working with older than newer companies. It can also make your company look like a better investment opportunity and help you to secure funding. Read more about the benefits of buying an off the shelf company.
How can you buy an off the shelf company?
Buying an off the shelf company from Paramount Company Formations is as easy as purchasing one of the company names listed on our website and filling out the ownership questionnaire that is then sent to you. Once we have received your information, we can send your limited company to you.