Skip to content

Things to Remember When Changing Your Company Name

A person writing the name of a company on a form
Changing Your Company Name: Jack Ross Explains

Introduction: The Decision to Change Your Company Name

Since 1948, Jack Ross Chartered Accountants has provided state-of-the-art accounting services in Greater Manchester and beyond. We pride ourselves on our dedication to financial integrity and technological innovation. Whether you are a sole trader or a large corporation, our clients are our priority. 

If you need our expert accounting services, fill out this contact form to book a free consultation.

Changing your company name is a significant step, one that can impact everything from your brand recognition to your legal standing. Whatever the reason for considering a name change for your limited company, it is crucial to approach this transformation thoughtfully. This guide will walk you through the essential things to remember when changing your company name.

Legal Aspects: Understanding the Articles of Association and Special Resolution

Articles of Association

Before you make changes to your limited company name, consult the Articles of Association. These documents may have clauses that pertain to a name change and what it entails.

Special Resolution

To change the name of your company officially, you will need to pass a special resolution. This legal process requires a majority vote from the shareholders.

Research: Ensure Your New Company Name is Unique and Available

Companies House Search

Before settling on a new name, you will need to check Companies House to ensure the name is unique and not similar to another business. Doing a thorough search is the best way to avoid legal complications down the line.

Domain Name Availability

Additionally, you will want to check if the new website domain name is available. Your domain name should be easy to spell and easy to remember to help people find your website.

I can confidently recommend Jack Ross Accountants. They are continually improving their service, greatly benefiting our company as well as me personally. The team at Jack Ross have helped suggest and set up innovative accounting software, adding training and support. This alone has been a massive step towards having more control and understanding of our company finances.

5.0
J
google

Been using Jack Ross for a number of years. Good clear advice and nice people to do business with.

Jack Ross has been my accountants since I set up my business in 2016. From the outset I was helped with advice, support and encouragement. I cannot commend them highly enough. Always on hand to answer any question and responsive to any changes in the economy which might concern their clients. I don’t have to worry about the financial side of my business as all of that is taken care of and dealt with by Umar and the brilliant team. If you are looking for a top class accountancy firm which maintains the personal touch they are for you!

HMRC and Business Bank: Entities You Need to Inform

HM Revenue and Customs (HMRC)

You will need to inform HMRC about the change of company name. They will update their records accordingly, ensuring that all tax-related matters continue to run smoothly.

Business Bank

Do not forget to notify your business bank to update their records. This is important for future ID and security checks related to payments in and out of your bank account.

Branding: Logo Changes and Brand Recognition

Logo and Stationery

A name change often comes with logo changes. You will also need to update business stationery, including business cards and letterheads.

Brand Recognition

Remember, changing your name can affect your brand recognition. Ensure that your new name aligns with your brand’s identity and values.

Digital Footprint: Updating Your Website and Domain Name

Website

After you change your company name, updating your website is crucial. This ensures that customers who search for your old company name can still find you.

Domain Name

A new domain name will need to be registered, and you will need to ensure that it is both easy to remember and easy to spell.

Legal Advice: When  to Seek It

Changing a limited company name is a legal process. It is wise to seek legal advice to ensure you have covered all bases, including understanding the new certificate of incorporation on change of name.

Closing Thoughts: Things to Consider When Choosing a New Company Name

Alignment with Business Goals

Your new company name should align with your company’s goals and values.

Accessibility

Consider choosing a new company name that is easy to spell and easy to remember. This not only aids in brand recognition but also helps customers find your website easily.

Final Checks

Before making it official, you will need to ensure that all stakeholders, including shareholders and legal advisors, are on board with the new name.

Changing your company name is not just about altering a few words or expressions in your legal documents and registers; it is about setting a new direction for your business. This guide aims to help you navigate this complex process seamlessly.

Looking for comprehensive business advice that ticks all the boxes? Fill in the contact form below and a dedicated Jack Ross Chartered Accountants expert will contact you to tailor a package that fits your needs perfectly.

Changing the name of your limited company involves a number of steps, including registering the new name with Companies House, updating your company formation documentation and telling HMRC and other relevant parties. You’ll need to consider potential implications for shareholders, stationery and branding, as well as changes to your business stationery.

When changing your company’s name you will need to update documents such as the certificate of incorporation and articles of association. You will also need to contact HMRC, Companies House, any customers or suppliers you work with regularly, relevant industry bodies and any other parties who may be affected by the changes.

Yes – if you are wanting to change the name of your limited company then you must ensure that another organisation doesn’t already have the same or a similar name. You can check this using Companies House’s free online service.

Get In Touch With Jack Ross

Looking for comprehensive accounting solutions that you can trust? Fill in the contact form below and a member of our dedicated team will contact you to discuss next steps.

Blog Enquiry Form