Choosing a business name in the United Kingdom (UK) is a crucial step when setting up a limited company. When choosing a name, you need to ensure the company name is not already in use.
Do you have a name already? Check here if your name is available to register.
This article talks about the HMRC company naming rules and how to check if you can use a name for a limited company.
Your name is deemed the same as another name if it only differs from a registered name with:
Your name may spark a complaint if it is like the name of another company.
When choosing a name:
Unless you are a charity or limited by guarantee, your company name must end with ‘limited’ or ‘ltd.’ However, if you register your company in Wales, you can use the Welsh equals - ‘Cyfyngedig’ and ‘Cyf.’
Apart from the legal requirements, it is important to remember your name choice will determine how other people view and connect with your brand. Some of the things to consider when choosing a name may include:
Checking company name availability is simple. Key your potential name in HMRC’s Company name availability checker and search. HMRC will inform you if there is a match in the system. If there is none, you can comfortably use your name. However, if it matches a name in the system, you may have to choose a different name.
To avoid any legal suits later, you may also check if the name has been trademarked by using HMRC’S Search for Trademark tool.
Yes, you can change your company name if you wish. However, you should bear in mind that it comes with different repercussions. For example, once you change the company name, you must also change all your asset ownership names.
We have a specialist team of company formation accountants who can help you in setting up your limited company. We will also help you in setting up a business bank account, bookkeeping, accounting, VAT, and tax return services. Call us at 02033 259 341 or email us at info@spondoo.co.uk