Companies House applies the same rules to every UK Ltd, whoever owns it: a UK registered office, named directors and a yearly confirmation statement. An account provider reads those facts before anything else.
What Companies House requires of a private limited company, taken from its own guidance — the baseline any account provider starts from.
Companies House describes four main company types: private company limited by shares, private company limited by guarantee, private unlimited company, and public limited company.
A UK private limited company may be limited by shares or by guarantee; a company limited by shares can have a single shareholder who owns the whole company and acts as its only director.
A limited company needs at least one director and at least one shareholder (limited by shares) or guarantor (limited by guarantee); a company secretary is not mandatory for a private company.
Registering a limited company requires a memorandum of association and articles of association, plus a statement of capital with shareholder details (company limited by shares) or a statement of guarantee (company limited by guarantee); online registration generates the memorandum automatically.
On registration Companies House issues a certificate of incorporation confirming the company legally exists, showing its number and formation date; GOV.UK says online registration is usually completed within 24 hours.
Every UK company, including dormant and non-trading ones, must file a confirmation statement at least once a year even when nothing changed, and must state that its intended future activities are lawful.
Incorporation and names — GOV.UK / Companies House
Types of limited company — GOV.UK / Companies House
Set up a limited company — GOV.UK / Companies House
Register your company (set up a private limited company) — GOV.UK / Companies House
Filing your company's confirmation statement — GOV.UK / Companies House
Fact sheet last reviewed 2026-09-28. Jurisdiction rules are confirmed against the sources above; a provider's own requirements differ and are confirmed by the provider.
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A UK private limited company may be limited by shares or by guarantee; a company limited by shares can have a single shareholder who owns the whole company and acts as its only director.
Every UK company, including dormant and non-trading ones, must file a confirmation statement at least once a year even when nothing changed, and must state that its intended future activities are lawful.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
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