Discussion in 'Business Discussions' started by julian, Jun 20, 2014.
Does anyone know of any hidden issues when buying a dissolved companies name. (Ltd uk)
You can't without masses of cash, I looked into this last year.
If the company is in the process of dissolving, you can buy it from the liquidator (if you pay them enough to be bothered), but once its dissolved only the original directors can apply to recover it, and should it be recovered it wasn't clear what the liabilities would be. Even in these circumstances there is no guarantee it will be reinstated under the original name.
If you get any further information I'd love to hear it as I'm kinda gutted on the rules for companies
Edit: my thread is here http://www.acorndomains.co.uk/business-discussions/120054-buying-business-name-administration.html
I have never had any luck either, they usually want stupid money!
If it's a ltd.uk name you're after, can't you simply register a new company for £25 under that name, then get the ltd.uk that way?
I did this, if it is already dissolved, then go for it. If it is only in administration, see the previous replies.
Treat it the same as buying a dropped domain though. Does the company name have a shit online reputation that your new company is going to be confused with?
GeoMal, can you clarify a little, what exactly you did ?
The main reason you buy a dissolved company is because you can't simply register that combination of words, because its blocked by a similar name.
presumably you don't pick up the old debtors
You might pick up the old complaints (reviews, blog posts etc.) since the old content will remain out there regardless of what you do afterwards.
I'm not sure what you are asking. You can't buy a dissolved company, if it is dissolved then it doesn't exist. You can reinstate a dissolved company if you were a former director or member. You can buy the assets (for example a trademark) of a dissolved company, if any exist, as they will have been transferred to the Crown on dissolution, from which you can buy them via the Treasury Solicitor (think that's the name).
I simply wanted to use the same name as a dissolved company, so registered my company in that name. This doesn't help if the name is likely to be objected to.
No. It might have the same name but it will be a different legal entity with a different registration number.
Separate names with a comma.