The cheapest company formation is the one with the lowest total cost.
The short answer
The lowest headline price among our selected offers is Tide at £14.99 with referral code NEW200, which also includes a business account on a free plan and up to £200 in conditional rewards. Direct Companies House registration costs £100. Lower prices from other providers are often tied to a subscription, so check ongoing costs as well as the formation fee.
Key facts
- Tide with NEW200: £14.99
- ANNA Money: from £19 + VAT, conditions apply
- 1st Formations with accounting: £39.99 excl. VAT plus subscription
- Companies House direct: £100
- Compare first-year total cost, not just the formation fee
Why headline prices differ
Some providers subsidise formation because they earn from banking, accounting or other services later. That can be good value if you want those services, and poor value if you do not.
How to compare fairly
Add the formation fee, VAT, any address services, the cost of any required subscription for the first year, and any fees for leaving early. Then subtract only rewards you are confident you will qualify for.
Tide is a paid partner. We may earn commission. Prices and conditions can change; check provider terms.
Frequently asked questions
Is the cheapest formation lower quality?
The Companies House registration is the same. Differences are in extras, support and conditions.
Are there hidden costs?
Possible extras include VAT, address services, renewals and subscriptions. Read the terms before paying.
Read next
- Company formation costs explained
- Choosing a formation package
- Your first 30 days as a company
- Limited company filing deadlines
- Tide company formation costs and eligibility
- Tide referral code and cashback conditions
- Formation checklist
- How we compare providers
Related topics
Source: GOV.UK – Set up a limited company. General information, not legal or tax advice.