Terms And Conditions

Terms and Conditions - GoFormed

Terms and Conditions

Last Updated: 10 July 2024

These Terms and Conditions ("Terms") govern the provision of services by GO&PARTNERS UK LIMITED ("we," "us," or "our") to you ("the Client," "you"). By engaging our services, you agree to be bound by these Terms, which form a legally binding contract.

1. The Service

1.1. We provide ready-made, non-trading UK limited companies ("Shelf Company" or "Company").

1.2. The service includes the transfer of full ownership of the Company to the Client. This encompasses the transfer of all shares, the appointment of the Client (or their nominee) as the new director(s), and the resignation of the existing director(s).

1.3. The specifics of each Company, including its incorporation date, company number, and any included assets (such as VAT registration, EORI number, or an existing bank account), will be as described in the individual listing on our website.

2. Warranties

2.1. We warrant that at the time of transfer to the Client, the Company:

  • Is legally incorporated and registered with Companies House in the UK.
  • Has not conducted any business or trading activities.
  • Has no outstanding debts, liabilities, or legal disputes.
  • Is free from any liens, charges, or encumbrances.

3. Client Obligations and Due Diligence

3.1. As a company service provider, we are legally required to conduct Know Your Customer (KYC) and Anti-Money Laundering (AML) checks on all clients.

3.2. The Client must provide valid, certified proof of identity (e.g., passport) and proof of address (e.g., utility bill) for all proposed directors and persons with significant control.

3.3. The service is conditional upon the successful completion of these checks. We reserve the absolute right to refuse or terminate the service if the due diligence checks are not passed to our satisfaction, or if we suspect any information provided is false or misleading. In such a case, clause 5.2 will apply.

3.4. The Client is responsible for ensuring that all information provided to us is accurate and complete.

4. Fees and Payment

4.1. The full fee for the service ("Fee") must be paid in advance and in full before we commence the company transfer process.

4.2. The Fee is inclusive of all necessary filings with Companies House to complete the transfer of ownership.

5. Cancellation and Refund Policy

5.1. Due to the administrative costs and the irreversible nature of filing with government bodies, once the company transfer process has been initiated following receipt of payment and due diligence documents, the Fee is non-refundable.

5.2. If the service is terminated by us due to a failure of due diligence checks (as per clause 3.3), we will refund the Fee paid, less an administrative charge of £250 to cover our costs.

6. Disclaimers and Limitation of Liability

6.1. We are providing a non-trading Shelf Company. We are not responsible for the Client's future use of the Company. The Client assumes all responsibility and liability for the Company's actions, compliance, and business activities from the moment the transfer of ownership is completed.

6.2. We are not providing legal, financial, or tax advice. The Client is strongly advised to seek independent professional advice regarding the acquisition and management of the Company.

6.3. Where a Company includes a business bank account, we are not responsible for the ongoing relationship between the Client and the bank. The bank may require its own due diligence checks and reserves the right to close the account at its discretion.

6.4. To the fullest extent permitted by law, our total liability to you for any claim arising out of or in connection with this agreement shall not exceed the total Fee paid by you for the service.

6.5. We shall not be liable for any indirect or consequential losses, including but not limited to loss of profit, loss of business, or loss of opportunity.

7. General

7.1. Governing Law: This agreement and any dispute or claim arising out of or in connection with it shall be governed by and construed in accordance with the law of England and Wales.

7.2. Jurisdiction: Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of this agreement.

7.3. Entire Agreement: These Terms constitute the entire agreement between the parties and supersede all previous discussions, correspondence, and negotiations.

8. Contact Information

For any questions regarding these Terms, please contact us:

Company Name: GO&PARTNERS UK LIMITED

Company Registration Number: 16508115

Registered Office Address: 2nd Floor College House, 17 King Edwards Road, Ruislip, London, United Kingdom, HA4 7AE

Email: info@goformed.co.uk

EMAIL US 24/7

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