Choosing Your Company Name
When you are trying to decide what to call your company, the first thing to do is to make sure that your proposed name is not the same as one that has already been registered.
Companies House will not register anything that is too similar to an existing company name, or one that is likely to cause confusion.
For instance, given that a company called Business and Commerce Limited already exists, you would not be able to register a company called Business & Commerce or Business N' Commerce. The rules are enforced strictly, so think about your chosen company name very carefully and make use of our online name checker before beginning a formation.
Restrictions and objections to proposed company names
Companies House will check the Register for company names that sound too much like the one you have suggested.
They may also refuse registration if a name:
Where do you have to display your name?
A limited company must display its company name at its registered office and also on all business correspondence, so that everyone dealing with that company is aware of its true nature.
For these purposes, business correspondence is defined widely and includes:
If you are in doubt about whether to include your business name on a piece of correspondence, it is always safer to print it on! Remember also that you must include details of your company number, which part of the United Kingdom the company is registered in (England & Wales, Scotland or Northern Ireland) and where your registered office is.
What Are The Responsibilities Of A Director Of A Limited Company?
The directors of a limited company are the people who run it, and have numerous duties to the company which are enshrined in the Companies Act 2006.
These include duties to avoid conflict and declare interests where appropriate, to exercise reasonable care and skill, use good judgment and act within your powers.
What does this mean in the real business world? In addition to using general good business sense and decent moral values, a director must take care of:
The administrative responsibilities for the above tasks are typically delegated to others. For example, larger companies may delegate day to day responsibility of employment issues to their Human Resources department, and their tax obligations to an Accounts team. However, this does not absolve them of ultimate responsibility
For the reporting requirements to Companies House, there is often a Company Secretary. However, unless the company's Articles of Association make specific reference to one, since 2006 there is no legal obligation for private limited companies to have one. Public limited companies on the other hand cannot benefit from this exemption and must have a company secretary.
A Company Secretary can be a director of the company, but does not have to be. Often, in small businesses the tasks typically assigned to a Company Secretary can be outsourced to a professional firm offering this service.
Even where a Company Secretary has been appointed, the ultimate responsibility for the tasks rests with the directors.
Who can be a director?
Providing that a person does not fall in to any of the above listed categories then they are eligible to be listed as a company director,