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Limited company owning another limited company - UK Business Forums - the UK's most active help and advice forum for owners, managers and entrepreneurs of small businesses and startups.

Hello all, I am the sole shareholder in a limited company.

The company trades under a different name (not the limited company name).

I want to register a limited company in the trading name to protect it.

I plan for the second company to be dormant. - Is it possible for the first company to own the second company (i.e.

Be the only shareholder)? - Is it possible for the first company to be the sole director of the second company? - Are there any problems or benefits associated with this approach?

(It makes sense to me to do it this way but I’m not sure why!) - Can I use a regular company formation agent for this? Any help appreciated. Helen

1) yes a company can own another (or part thereof) 2) no - there have to be people in there - they can be the same as company A though 3) bear in mind the need to file returns (even if dormant) which costs a tens of pounds each year.

Small price to pay for protecting the name though 4) yes

Why don't you just change the name of your company to the trading name - costs £10 plus revised memo and articles but cheaper and less hassle in the long run

Good question! - I needed a limited company so I could start things rolling;

Open a bank account etc - I like my limited company name and I own the .co.uk domain name.

I would probably trade under it if I owned the .com name as my business may have international customers. - I don't really want to lose the name as the .com may become available.

Also there is a possibility I'll trade B2B just within the UK so the .co.uk thing won't be so much of a problem - I had in mind that I would develop several brands under one limited company they will all be in clothing but be directed towards different markets. -I've only recently agreed my first brand name and I've only just realised I should protect the name (because if a post on here). - I guess I can transfer the assets of the first company to the second if I need to but once a name is lost it's lost! Helen

Quote: : 1) yes a company can own another (or part thereof) 2) no - there have to be people in there - they can be the same as company A though 3) bear in mind the need to file returns (even if dormant) which costs a tens of pounds each year.

Small price to pay for protecting the name though 4) yes Agreed.

A corporate director (i.e.

Company) can't be the sole director.

Simply stick yourself as a director would get round this.

Limited company names unfortunately don't hold too much weight you should be looking at registered trademarks to better protect this.

You don't need to form another company with the same name as your current trading name in order to protect the name.

Your trading name is a Trademark of your company and benefits from Trademark protection.

You could simply register the trademark - see http://www.ipo.gov.uk/tm.htm




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