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MYCO Works Virtual Business Plus vs 1st Formations Address Services
Compare suitability, cost model, commitment, eligibility, capabilities and limitations using the same verified product data.
| Comparison | MYCO Works Virtual Business Plus | 1st Formations Address Services |
|---|---|---|
| Best for | Start-ups and SMEs wanting registered office, director privacy and a professional business address in one package. | Founders wanting formation and address services together |
| Cost | £199.99/yr + VAT + £20 postal deposit | Public plans or quote — check current price |
| Pricing basis | Per year | plan/service pricing |
| Commitment | Annual package. MYCO states its services do not automatically renew. Promotional prices apply to new clients/first year where advertised. | Plan, order or contract terms vary by selected product. |
| Eligibility | KYC/AML identity and address verification applies to account holder/payment cardholder and relevant company officers. | Company/address-use rules and identity checks can apply. |
| Key capabilities | Registered Office Address · Director Service Address · Virtual Business Address · Statutory and business mail handling · Parcel signing · Client portal and MYCO apps · Meeting-room access | Registered office options · Service address options · Mail handling |
| Reasons to consider | Three distinct address services in one package · Covers both statutory and ordinary business correspondence · Good fit for home-based founders who want privacy and a professional image · Parcel handling and meeting-room access included | Credible option in this service category · Can be compared against alternatives using the same BizDeck criteria |
| Things to check | £20 postal deposit applies · Forwarded mail incurs handling/postage charges · Advertised discount codes are temporary and should not be assumed at renewal · Virtual-office location cannot be used for Google Business Profile | Suitability depends on business requirements and usage · Pricing, eligibility and contractual terms should be checked directly |
| Verified | 2026-09-03 | 2026-09-02 |
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