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Jan 12, 2022 · This article will explain the legal implications of using a trading name for business owners and why you might consider doing it. What Is a Trading Name? Any time anyone does business under a name other than their legal name, they use a trading name. This is also called a business name.
Apr 1, 2024 · It is perfectly legal to run multiple businesses under one limited company. In this situation, the different businesses will have separate trading names (i.e. brand names) to distinguish them from one another. This is a common approach by firms that wish to diversify and expand their business.
Jan 23, 2024 · A business may be permitted to use as many trading names as required, but these cannot be registered as official names of the company. It’s quite common for UK companies to adopt a trading name to run their business with.
Feb 12, 2019 · Trading names. You can also trade using a different name to your registered name. This is known as a ‘business name’ or ‘trading name’. Trading names must not: be the same...
It is possible to officially register a company name at Companies House, but then use one or more ‘trading names’ as required by yourself or your organisation. Some companies trade under different names, with the name registered at Companies House belonging to the original company.
Nov 16, 2023 · The main differences between a company name and a trading name are as follows: A company name is the official, legally registered name of the company, whereas a trading name is a secondary name used on a day-to-day basis for the-or-a-business that is run under the company.
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Can a business use more than one trading name?
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Can a Limited Company trade under two different trading names and if so, are there any specific formalities that must be complied with?