It’s a great feeling when you come up with the perfect name – you can picture the logo, the domain name is available. You’re all set, you’ve registered the name, and your business is off to the best possible start.
But then dread sets in, you’ve slept on it and realised that you might actually need to register a new company name because the one you submitted isn’t very clear on what you do, is misspelt or possibly sounds too much like a competitor’s.
Don’t worry; it is possible to change a limited company name and we have listed out how below!
Changing the name if you haven’t completed the company formation process
At 1st Formations you can set your company up in 4 simple steps:
- Choose your limited company name
- Pick your package
- Make payment
- Enter your company formation details
If you have worked your way through the steps but have not submitted your company application to Companies House, good news – you can easily change your company name at no extra cost.
There are two stages in the company formation where you can edit your company name. The ‘Particulars’ section and the ‘Review’ section.
Simply type over your existing company name with the new one, not forgetting to add ‘Ltd’ or ‘Limited’ – then click ‘Check another name’. We’ll immediately tell you if your new name is available. When you’re happy, continue through the process again, being sure to double-check the company name on the ‘Review’ page.
Changing the name if you’ve already formed your limited company
If you have completed the company formation process with a name you no longer want, we can help you change it with our change of company name service. This service includes the:
- Preparation and filing of the NM01 document
- Minutes required to register a new company name
- Resolution required to register a new company name
- Digital copy of the name change certificate
Once the documents have been sent on your behalf, the name change is normally live within 2 days.
A few things to consider if you’re changing the name for an existing company
- When you change a company name you do not get a new certificate of incorporation, instead, you receive a certificate of incorporation on change of name
- Your old name will remain on the Companies House register under the ‘Previous company names’ field
Thank you for taking the time to read this post. Please get in touch if you have any questions.
Please note that the information provided in this article is for general informational purposes only and does not constitute legal, tax, or professional advice. While our aim is that the content is accurate and up to date, it should not be relied upon as a substitute for tailored advice from qualified professionals. We strongly recommend that you seek independent legal and tax advice specific to your circumstances before acting on any information contained in this article. We accept no responsibility or liability for any loss or damage that may result from your reliance on the information provided in this article. Use of the information contained in this article is entirely at your own risk.
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