Dissolved companies are companies that have been struck off the register and are no longer in existence. This means that a dissolved company name can be registered by a new or existing company.
There are no legal restrictions in place to prevent the use of these names, aside from the standard company name rules and regulations set out in the Companies Act 2006 and secondary legislation.
Research the dissolved company
If you are considering using a dissolved company name, we strongly advise that you research the business that previously traded under the name. It’s important to determine the reputation of the dissolved company because this could have a significant impact on your own business image.
Whilst your business will be issued with a different company registration number (CRN) and have no legal association with the dissolved company, previous customers and creditors may confuse the two businesses. This could be problematic if the company provided bad customer service, received negative press or had outstanding liabilities at the time of its closure.
In the first instance, you should consider accessing the dissolved company’s last set of accounts. This information is available online via Companies House Service. You may also want to carry out a credit check to determine whether the business had any County Court Judgements (CCJs).
Additionally, an Internet search will also reveal any news articles, press, or customer reviews associated with the dissolved company, which will give you a good idea about the reputation and notoriety of the business.
On the flip side, if the dissolved company was a reputable business, this could be extremely beneficial for your company. It might attract the attention of potential consumers – and if you deliver excellent service and products to satisfy these customers, your business could flourish through positive association.
Registering a dissolved company name
If you are planning to use a dissolved company name, you should first check that it is available to register. You can do this using Rapid Formations’ free name-check tool or via Companies House WebCHeck. If the name is available, you can use it to:
- register a new company
- change the name of an existing company
Our company formation packages are available for companies limited by shares or guarantee and limited liability partnerships, with prices starting at £12.99 plus VAT. The registration process will be carried out online, with no documents to sign or post. Your new business should be incorporated at Companies House within 3 hours and your start trading immediately thereafter.