Companies House are running stronger checks on Company names which give a false or misleading impression to the public.
An application to register a name can be rejected where it is believed:
The name is intended to facilitate fraud.
The name is comprised of or contains a computer code.
The name is likely to give the false impression the company is connected to a foreign government or an international organisation whose members include two or more countries or territories (or their governments)
Companies House can also direct companies to change their name. If a company fails to change its name within 28 days, they can now determine a new name for the company, for example, changing the company name to its registered company number.
Companies House can also suppress a name from the register while a company responds to a direction to change its name.
These changes have been introduced under the Economic Crime and Corporate Transparency Act.
Comments