I have come across a new challenge recently and wandering if someone could help and advice. My client is registered as limited company and wants to add trading name (not a trademark as this would involve extra fees and will take about 2 month and actually completely unnecessary as they do not create any brand , but simly for administrative purpose).
What should I do in terms of informing higher institutions? I understood there is no need to inform Company House and Inland Revenue as they only intrested in company official name. The only bank have to be informed in order to receive cheques in trading name. Is that correct?
Do I have to send letters to Company House and Inland Revenue aswell to inform them about it or not? Anything else have to be done that I might not thought of (the only think I understood that has to be done is to check trading name availability with company house)? Is that correct?
I hope there is someone that could clarify my point.
Hopefully your thread will be moved someplace else soon (@Admins.)
Trading names are not an issue, unless they could 'put forward' the impression they are another company - so yes check Companies House just to make sure there can be no confusion as to who the business is.
And the bank's about the only other place who it will be helpful to tell so cheques can be written in either the Limited Company name or it's trading name.
Let the client know that on any official stationery where the t/a name is used, that it will be helpful, and necessary if producing VAT invoices, to state that the business is a trading name of X Ltd.
@Admins.)
