Company Formation · South West
Company formation in Gratton, Torridge
Founders in Gratton, Torridge often incorporate themselves in ten minutes and spend months fixing the result: wrong share classes, a home address on the public register, no Corporation Tax registration, a missed first confirmation statement. We set the company up to avoid all of that, for a fixed fee, and track the first-year deadlines for every company we form across South West.
from £49 · fixed, one-off
Next deadlines
- Companies House identity verification for directors and PSCs, phased in from 18 November 2025
- Confirmation statement due within 14 days of your review date, at least once every 12 months
- Companies House accounts due 9 months after your year end (a 31 December year end files by 30 September)
- Corporation Tax payment, 9 months and 1 day after your year end (a 31 December year end pays by 1 October)
Who this is for
Company Formation for Gratton
Anyone in Gratton, Torridge starting a business as a limited company: contractors and consultants leaving employment, sole traders incorporating as profits grow, two or more founders who need the shareholding agreed properly, property investors setting up a company to hold rentals, and overseas founders who need a UK company with a UK registered office.
What is included
Everything inside the fixed fee
- Company name check against the register and the sensitive-words rules before filing
- Incorporation at Companies House with articles, share structure and PSC register completed correctly
- Directors' identity verification guidance under the rules in force since November 2025
- Certificate of incorporation, memorandum, articles and share certificates delivered electronically
- Corporation Tax registration with HMRC and your Unique Taxpayer Reference, plus PAYE where included
- A first-year calendar: confirmation statement, accounts and tax deadlines diarised with reminders
How it works
Company Formation from Gratton, Torridge, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
What you get in Gratton
The price for company formation is published on this page and is what a client in Gratton pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for company formation are shown at the top of this page, diarised for every Gratton client and chased before they arrive.
Online only, UK based. There is no office in Gratton to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.
Continuity matters in company formation: the person who prepared last year's work for your Gratton business prepares this year's, and remembers what was agreed.
The output for Gratton clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for company formation.
Approval before filing is a rule, not a courtesy. For company formation in Gratton, Torridge, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Gratton, Torridge
Gratton, Torridge is in South West, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Milton Damerel | 0.8 mi | W |
| Shop, Torridge | 0.8 mi | NW |
| Horrelsford | 0.9 mi | NW |
| Wonford, East | 1 mi | SW |
| East Wonford | 1 mi | SW |
| Thornbury, South West | 1 mi | S |
| South Wonford, Torridge | 1 mi | SW |
| Wonford, South, Torridge | 1 mi | SW |
Worth knowing
Rules that come up in this work
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
The 60-day property CGT return
The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.
Record keeping
Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.
Allowable expenses
The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.
Employer National Insurance
Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.
Workplace pensions and auto-enrolment
Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.
Dormant companies
A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.
Questions
Company Formation questions from Gratton
Can you form a company limited by guarantee or a dormant company?
Yes. Companies limited by guarantee, used by clubs, charities and community groups, are £49 with bespoke objects at £99. Dormant company formation, for protecting a name or holding a future business, is £29. Both carry the £100 Companies House fee and both have their own service pages.
What is the difference between a limited company and a sole trader?
A company is a separate legal person: it owns the business, owes the debts and pays Corporation Tax, and you take income as salary and dividends. A sole trader is personally liable and pays income tax on all profits. Companies cost more to run but can save tax at higher profits and protect personal assets. Our free comparison tool shows the numbers.
Does the company need to register for Corporation Tax?
Yes, within three months of starting to trade. HMRC usually issues the company's Unique Taxpayer Reference by post shortly after incorporation. Registration for Corporation Tax is included in our £99 package and above; the formation-only package leaves it to you, and we tell you how.
When should I register for VAT and PAYE?
VAT when taxable turnover will exceed £90,000 in a rolling 12 months, or voluntarily before if it helps. PAYE before the first salary payment, including to yourself as director. Both are included in the £99 package or available separately at £49 each.
What share structure should I have?
For a single founder, one ordinary share of £1 is usual. For two or more, the split should reflect the agreed ownership and may use different share classes to allow different dividend payments. We discuss this before filing, because changing it later needs resolutions and filings. We also advise on whether a shareholders' agreement is worth having.
What is a SIC code and which one do I need?
The Standard Industrial Classification code describes what the company does and appears on the public register. You can have up to four. We pick the right ones from the official list for your trade. Changing them later is done through the confirmation statement, which is our £39 SIC change service.
Do you have an office in Gratton?
No. IGI Accounting is an online-only firm. We serve Gratton, Torridge and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for company formation is the same in Gratton as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is company formation in Gratton really the same price as elsewhere?
Yes. The fee published on this page is what a client in Gratton, Torridge pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.
One message from Gratton, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.