does anyone use 1st Formations to set up new incorporations.
I have been using companies house but the problem I am having its taking 4 or 5 weeks to get a bank account opened locally which is not ideal for contractors.
they are quoting £9.99 (I am assuming you have pay £13 co house on top of this) but also claim to open a bank account within 7 days with Lloyds bank.
seems to good to be true just wondered if anyone else used them.
Cheers
Replies (12)
Please login or register to join the discussion.
Sorry... am I missing something here... I have incorporated a number of contractors over the past year and those clients never have any difficulty opening bank accounts. Its done within 2 - 3 days depending upon the day they walk into the branch. Whatever their work is - builders, IT, etc etc. I suggest they use another bank
i use companywizard.co.uk
they use barclays and after the AML it has been taking 48 hours to go live
I walked into Nat West Dorchester a couple of months ago to open an account on a Tuesday - it was done by Thursday.
Hi
We use rapidformations,who offer £75 cashback within 30 days of account opening with Lloyds TSB.Within 48 hours of company incorporation,client receives telephone call from their local business manager.
However,it will be worth mentioning that most high street banks have shifted their in house account opening teams into regional teams.This would mean that accounts would no longer be opened within branches but online or over the telephone in the upcoming months.
Open Natwest business accounts online (fully operational, not the often reduced offerings type)opened within a couple of days AND get 2 years fee banking. Wouldn't touch Lloyd's and
I've just picked up Barclays for giving my client a bank print that has rounding errors on it compared to their Bank statement.