Yes, you can reserve a company name, but only by registering a limited company. If you have a name in mind, it’s a good idea to reserve it even if you are not quite ready to start trading.
Reserve a company name with a dormant company
The first thing to do is enter your preferred company name into our online checker tool to see if it’s available. This tool will compare it against every company name currently registered at Companies House.
If you have no intention of trading through this name, or you are not quite ready to start trading at the present time, you must contact the Corporation Tax office to tell HMRC that your company is dormant.
Limitations regarding choice of name
You may find that another business has already registered the name you want to use, or one that is very similar. Anything deemed ‘too similar’ is likely to confuse the general public. You will only be allowed to register a name that is the same as, or similar to, another business if you get permission from them or you’re going be part of the same group.
Furthermore, you must:
- Not choose anything that could be considered offensive.
- Get permission if you want to include ‘sensitive’ words.
- Not choose anything that suggests an association with a government or official body, the Royal Family or a local authority.
More information on company name rules and restrictions can be found here.
Don’t forget to register a domain
If you decide to reserve a company name, you should also register it as a web domain at the same time. Matching your website and business email domain with your company name will make it easier for people to find you online. This can make a big difference to the success of any new business, so you should give it some serious thought, even if you are not quite ready to begin trading.
Reserve a company name today
Rapid Formations offers a Digital Package specifically designed for reserving a company name or setting up a dormant company to start trading at a later date. This package is available for just £12.99 and includes the registrar’s £10 filing fee.
The application is very straightforward. It is completed online and there’s no need for signatures or paperwork. We will send your application to Companies House electronically and your company should be formed within 3 working hours. Hop on over to the name-checker tool on our main page to see if your ideal name is still available!