Guarantee companies are usually run for the benefit of members of a club or association to raise funds for the benefit of others. The "guarantors" give a personal amount they will pay in the event the company fails and owes debts. If they wish, members can give an unlimited guarantee and be responsible for all debts. Guarantee companies cost ￡140 including VAT to form and are supplied in our unique company kit attaché case.
To find out all the information you will need to set up your own company read our LTD Information Guide.