The best replacement for limited company is sole trader.

The best alternatives to limited company are rated as following:
★★★★★  sole trader
★★★★  partnership
★★  self employed
★★  umbrella
★★  llp
★★  paye
★  limited liability company
★  sole proprietorship
★  private limited company
★  public limited company
★  umbrella company
★  self employment
★  unlimited company
  sole trader uk
  charity
  sole trader ireland
  incorporated
  limited liability partnership
  limited partnership
  share company
  company limited
  private limited

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Speaking about limited company, one probably shouldn't forget about guaranteed bank account.

Other search terms related to limited company and their ratings are:
★★★★★ guaranteed bank account
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limited company
sole trader
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