Advantages of reserving a business name with Coddan: whether you plan to go into business now or far into the future, as long as you have a name for the enterprise, you should register it so that no one else can take it. Having a good private company name is a key part of any firm's success. It can either be short and snappy - memorable to the public - or can describe what it is the company does, as in manufacturing or services, for example.
Some names are not, however, permitted: those that may suggest they have a connection to the government and names that may either be sensitive or potentially offensive. At Coddan, we can quickly register your limited company's name so that it's protected from anyone else using it. There cannot be two firms with the same name. First we carry out a check of the register at Companies House to make sure your chosen name is not already listed, and if not, we will reserve a company name for you straight away, for a fee as low as just £49.99. This is an annual charge and before the expiration, we will advise you that the business name needs to be renewed and do it for you.
We reserve your name by registering it as a company, as this is the only way in the UK to protect a company name; you can't just simply register the name alone. For the new firm's incorporation, we will use members of our own team as the director and shareholder, and these will be later changed to yours when the company is ready to start trading.
We will submit all the necessary paperwork to Companies House to register the new company limited by shares. This can be done in just 24 hours and later, when the company starts trading, we will transfer the name to you for £24.99. We will provide you with the official certificate of incorporation for your reference.
You can reserve a non-profit company name with Coddan as well as reserve a public company name - it depends on what your proposed enterprise might engage in. Our team of consultants are available to talk to you about the best choice for your company based on its name.
You might also like to reserve an LLP name or even reserve a partnership name. Whatever it is, we will register the name by registering that particular company. We use our official registered office address and so until the time you decide to use the company to trade, there is nothing else to do.