A holding company, sometimes referred to as a ‘parent’ company, is simply a limited company that is set up for the purpose of:
A holding company is a majority shareholder in other firms, which are thereafter classed as subsidiaries of the parent company.
Setting up a holding company is exactly the same as setting up any other kind of private company limited by shares. You will have to provide the following information on an application form and file it at Companies House:
The quickest and most affordable way to register a new company is through an authorised company formation agent. Rapid Formations is one of the UK’s leading company formation specialists, providing online registration at Companies House in under 24 hours (subject to Companies House workload on the day).
The entire process is carried out online, and all information and documentation is submitted to Companies House securely via Software Filing. You will receive your incorporation documents as soon your application is approved. Your new company will be ready to trade immediately.
Until recently, the word ‘holding’ was included on the list of sensitive words and expressions under The Company, Limited Liability Partnership and Business (Sensitive Words and Expressions) Regulations 2014.
Since 31st January 2015, there is no need to seek permission from the Secretary of State at Companies House to include the word ‘holding’ in a company name.