Churchill Knight Blog

Setting up a limited company can be easy, as long as you choose the right provider. By choosing the limited company option, your company and personal finances are kept separate.
All limited companies must be registered at Companies House and companies are required to submit an annual return each year as well as annual accounts.
A limited company is owned by its shareholders, i.e. you. A limited company is run by the director (also usually you). Therefore, you maintain full financial control at all times.
Contractors working through a limited company are often perceived as a more stable partner to engage with. This means that if you are eyeing a very big contract, you are more likely to get it if you are applying as a company rather than an individual.
Limited companies are often more tax efficient than other business structures, which may also mean an increase in your take home pay.