What Is a Vintage Company?
Vintage companies, aged shelf companies and old companies are all companies that have been registered with Companies House over a period of time. Although these companies may have not previously traded, they will have previously submitted Confirmation Statements, Company Accounts and Director Appointments to be filed at Companies House. This gives the company a history, which can be of benefit if you are looking to start a new business. Vintage companies also have an existing company number and are available for immediate use.
What are the benefits of buying an aged company?
If you are about to start a new business, buying a vintage company can offer many benefits and it is certainly worth consideration.
The first challenge is to choose the best name for your company. Selecting a name from an existing list of vintage company names can make the process a lot simpler than trying to come up with a name from scratch, as the name has already been registered. It is even possible to alter an existing company name without too much difficulty.
A vintage company that has been around for a number of years is seen by many as having experience in business, making it a more trustworthy company to trade with. Older companies are more likely to receive support from investors than a brand new company with no trading record. Also, older companies are seen as more creditworthy. This can be important, as some businesses only accept contracts from established companies, rather than new start-ups.
How can Paramount Company Formations help?
We are the market leader in limited company formations in the UK and offshore. With over 40 years experience in this field, Paramount Company Formations can guarantee you quick, efficient and expert service. We have an extensive list of pre-existing historic registered companies to choose from, which can offer you all the benefits listed above.
If you require a change to any of these company names, this can easily be done hassle free for a cost of just £29.99 +VAT.
When purchasing a vintage company, it’s important to check with Companies House the current status/filing requirements to ensure the company fits your needs. If you would prefer us to file the confirmation statement so that you can concentrate on the day-to-day running of your business, we offer this services for only £39.99 +VAT.
For more information on Vintage Companies, you can check out our Vintage Companies for sale page or contact a member of our team on 0800 0198 698 or fill in our contact form.