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A company limited by guarantee is an alternative type of corporation used primarily for non-profit organisations that require legal personality.
This is the type of company commonly used for a club or an association.This will have limited liability – the liability of its members being limited to the amount each member undertakes to contribute to the assets of the in the event of its being wound up, this is normally £1.
Very often this type of company will eventually register itself as a Charity with the Charity Commission and if you are considering this course of action we can prepare the Memorandum and Articles with this in mind, but please advise us when you order.
£70.00