So you want to start a limited company?
Are you really sure? Do you know why you want to have a limited company? Do you know the tax implications of a limited company? Are you a highly organised person and slightly schizophrenic to be able to split yourself from the company financially and operationally?
Yes, there MAY be tax advantages to being a company depending on the income/profit level of the company, but there are thresholds of effectiveness and subsequent budgets may change it. If being a company is marginal for tax purposes at the moment, then it is not a good enough reason. Limited liability may come into play; a divorce on the cards and want to limit access to funds; or just for the kudos of being a company. Some bigger companies only want to trade with other companies as the perception of being a company is better than being a sole trader. BUT, you have to be ready for it or have people around you that can deal with all the accounting and admin headaches.