Share capital

Our companies are usually formed with share capital divided into ordinary shares of £1
each, at least one of which must be issued.

Share capital value
The share value for a new company will usually be £1, although greater values can be
arranged. Due to the constraints of transmitting data electronically, there is a limit of
ten character digits for the share capital fields, meaning that incorporating a company
with a maximum value of £9,999,999 is possible. If you require a greater value, please
contact our UK Company Formations department.

Multiple share classes
Companies can be formed with more than one class of share. Different classes of
share can be used to give different shareholders different rights. For example, "A" and
"B" shares may be used to allocate different transfer or dividend rights to the holders.
Jordans’ online companies are formed with ordinary shares - if you require more than
one class of share from the outset, please contact us.

Members
Any person can be a member (or shareholder) of the company. Accordingly, a
member can be an individual, company or limited liability partnership. A private
company can have only one member and is then referred to as a single member
company. In this situation, special rules apply.