Company & business name reservation service: reserve a company name with us - it isn't possible to have a company with the same name as another, so if you know that you want to reserve a company name within a few years or less, but are not yet ready, Coddan Formations Agency offers a service that ensures the reservation of your own unique business name online. To reserve your company name with Coddan costs £49.99 per annum. However, once you decide to trade using the reserved company, we will transfer it to you for £24.99. Reserving a company name with Coddan is a simple process. Once payment is made, we will request your chosen company name, complete the application and submit it to Companies House.
ANNUAL CHARGES £49.99
You can reserve a company name by registering a private company in the UK. For £49.99 per annum, Coddan will complete the required paperwork, submit it to Companies House and within 24 hours, your company name is reserved. Coddan will then transfer it to the owner for £24.99 once trading commences.
The following document will be sending via e-mail upon the reservation of a company name:
ANNUAL CHARGES £59.99
You can reserve a business name by setting up a company limited by guarantee. For £59.99 per annum, Coddan will complete the required forms, and submit them to Companies House, and within 24 hours, the non-profit business company name is reserved.
Coddan will then transfer it to the owner for £24.99 once trading or business commences. The following document will be sending via e-mail upon reservation of a company name:
ANNUAL CHARGES £59.99
You can reserve a business name by establishing a limited liability partnership. For £59.99 per annum, Coddan will complete the required forms, and submit them to Companies House, and within 24 hours, the business name for an LLP is reserved.
Coddan will then transfer an LLP to the owner for £24.99 once trading or business commences. The following document will be sending via e-mail upon reservation of a business name:
ANNUAL CHARGES £93.99
You can reserve a business name by forming a public limited company. For £93.00 per annum, Coddan will complete the required forms, and submit them to Companies House, and within 24 hours, the company name is reserved.
Coddan will then transfer a PLC to the owner for £57.99 once trading or business commences. The following document will be sending via e-mail upon reservation of a company name:
The UK system of business name registration does not allow a name to be reserved unless it is fixed to a fully incorporated company. This means that simply registering a company name will not reserve it. Coddan Formations Agency's team can safeguard your limited company's name reservation. Our service effectively incorporates a company on your behalf, using members of our team as a director and shareholder, until the time comes that you wish to either start trading, or release the name.
Reserve a company name online: costs of reserving a business name - for £49.99 per year, Coddan Formations Agency will ensure that your private company name is reserved and that the company with its certificates of incorporation and name registration is available to be transferred to you as soon as you wish to begin trading. At this point, the nominee director and nominee shareholder will be passed to you for the transactional fee of £24.99. This is a very straightforward way of ensuring that your company name is reserved for you.
Reserving a company name with all types of limited company: our reserve-a-name service is available for all types of company, whether public or private, limited by shares or a company limited by guarantee. Choices prior to expiry date: before the year expires, Coddan Formations Agency will send you one e-mail reminder per week for three weeks, so that you can decide to either reserve it for another year, transfer it to yourself for trading purposes, or release it. If you do not renew it in time, following the reminders, you will lose the right to that name upon expiry. Sole traders can also reserve their business name: no significant transactions of a trading or financial basis can take place through the registered company, so it is a great way in which a sole trader or an ordinary partnership can ensure their own business name remains unique. If you would like Coddan to reserve your company name, please call us today on +44 (0) 207.935.5171.
Well-informed entrepreneurs avoid disappointment by reserving company names early. Creating a relevant, easily understood company name is a challenging task when setting up a business. Therefore, once an appropriate name has been chosen, it should be reserved to avoid losing it to another company. Coddan Ltd is a London-based consultancy that offers prospective business owners a "reserve a business name" service. For £49.99 per annum, Coddan will complete the required paperwork, submit it to Companies House and within 24 hours, the name is reserved. Coddan Formations Agency will then transfer it to the company for £24.99 once trading commences. With us, you can reserve a company name for a private company limited by shares, company limited by guarantee, public company or for an LLP.
The company name you select is an important decision. Think of Ford, Google, or Boots - all successful brands with memorable snappy names. Shorter names are not only easy for customers to remember, they also have the advantage of using less space when logos are designed and need to be implemented on stationery, signs and in advertising.
Maybe you feel a descriptive name would attract more customers. If you are a takeaway, having a name like Google is not exactly going to tell people what you offer. Pizza Perfection might have more impact. Whatever name you choose for whatever reason Coddan Ltd can protect the company name you want to trade under. We register your chosen company name with Companies House and then take care of all the statutory obligations and responsibilities of owning a limited company.
Some people find the name they would like has already been taken. However, there are ways of tackling this. For example, if the name ABC Cars Limited has already been taken, why not consider ABC Cars Import & Export (UK) Ltd.
Two things to bear in mind: Companies House is averse to registering company names that could be thought of as offensive; and there is a list of sensitive company-name words like "school" or "architect" for which permission from an appropriate regulatory body is required.
Coddan's "reserve a name" service is useful if you are thinking of starting your own business in the future and don't want to lose your proposed company name to someone else. It could also be important if you are trading under a business name as a sole trader or partnership, or you need a non-trading or dormant company.
The company will then be formed within 24 hours, although most company formations are completed on the same day.
People' reasons for wanting to reserve a company name are many and varied but for some they include the fact that the purchase of a company under the "reserve a name" service implies no trading of any sort is undertaken in the name you wish to reserve. That is: no significant accounting transactions will take place during the financial year until the nominee officers and shareholders have been replaced.
It is not possible to have more than one company with the same name, so if you are thinking of starting your own company but are not quite ready, you make sure no-one else takes the name you want by reserving that name yourself. If you are running a business as a sole trader or partnership, reserving the name makes certain that a company does not set up with the same name as your business. At Coddan, we will send you reminders - once a week for three weeks - prior to expiry each year. Failure to renew in time means the loss of the right to that company name.
Because the company will be incorporated using our registered office address and we will act as director and shareholder you don't have to worry about the responsibilities of owning a limited company. Our service includes all nominee services, registered office service and the filing of the annual return and dormant accounts each year. While we hold the company for you, you will not be able to make any changes to it. You will get a copy of the incorporation certificate for reference only.
If you no longer want the reserved name just let us know and we will take ownership of the company and deal with it for you. The "reserve a name" service is available for all types of companies: limited by shares, company limited by guarantee, limited liability partnership and public company limited by shares (PLC).
You can still trade as a sole trader while using this service. It will have no impact on your existing business until you pay the company transfer fee and the business is in your name.