Changing Limited Company Name

[garethevans1986]

Why cant you just run it under the same Limited Company and have a separate Trading Entity for the small side business? That what we do with my wife side of the business.

[Scruff]

PM me your email and I'll send you a draft resolution. Then diy the Companies House form online.

[GillsMan]

When I did it, I can't believe I would have spent more than around half an hour. That includes the Companies House form, letters to HMRC, a quick phone call and follow up letter to my bank and a draft resolution. Definitely DIY, and £200 takes the piss IMO.

[GillsMan]

So how much do you charge for a day's work then...?

It's definitely not a day's work tbh.

[Gaz_M]

Why cant you just run it under the same Limited Company and have a separate Trading Entity for the small side business? That what we do with my wife side of the business.

Can you expand on that please? How does that work etc?

[garethevans1986]

1 limited company - My Company Limited
My Company Limited trading as My other small side business.
My Company Limited trading as My other other small side business.
My Company Limited trading as My other other other small side business.

I did find an example but it was a separate limited company...

[malvolio]

It's definitely not a day's work tbh.

It is if you're on a professional working day basis...

The point is, though, that while £200 may be over the top (which it is), it's not earth-shatteringly expensive if you simply CBA to look up how to do it yourself.

[shailesh1]

1 limited company - My Company Limited
My Company Limited trading as My other small side business.
My Company Limited trading as My other other small side business.
My Company Limited trading as My other other other small side business.

I did find an example but it was a separate limited company...

This is how i am currently doing it and will start using Freeagent to send out the invoices. If it only takes 30 mins to DIY, then I will probably do it myself. Scruff has kindly offered to help me so I may just take him up on his offer.

[Gaz_M]

1 limited company - My Company Limited
My Company Limited trading as My other small side business.
My Company Limited trading as My other other small side business.
My Company Limited trading as My other other other small side business.

I did find an example but it was a separate limited company...

And if My Company Limited is on flat rate VAT does this affect My other small side business? I.e. does my small side business have to pay VAT?

The reason I ask is because my Plan B is an eCommerce site which I don't want to pay VAT on goods bought & sold (unless I hit the big time of course).

This is how i am currently doing it and will start using Freeagent to send out the invoices. If it only takes 30 mins to DIY, then I will probably do it myself. Scruff has kindly offered to help me so I may just take him up on his offer.

Do you use Freeagent just for My other side company or both the consultancy & trading as business?
I'd like to keep my existing accountant for my main business but need to keep my finances in check for both.

[Batcher]

And if My Company Limited is on flat rate VAT does this affect My other small side business? I.e. does my small side business have to pay VAT?

The reason I ask is because my Plan B is an eCommerce site which I don't want to pay VAT on goods bought & sold (unless I hit the big time of course).

There is only One LtdCo. The others are just trading names for a 'brand' if you like, but all income and expenditure goes through the LtdCo and the same Tax & VAT rules apply.