Prohibited and Prescribed Company Names

When carrying out a company formation in order toword to be used.
start a new business, an important part of the"Too Similar" or "Same As"
process is choosing a suitable company name. ThereThere are other situations where use of a word or
are many considerations to bear in mind when namingparticular company name might be refused or
a new company, the most important of which, mostprohibited. The Companies Act 2006 makes it clear
people are unaware of. This is the law surroundingthat a new company may not be registered with a
prescribed and prohibited names - more commonlyname which is "too similar" or the "same as" a name
referred to as "sensitive words". Under thewhich is already on the company register. This rule is
Companies Act 2006, the use of certain words isin place to prevent dishonest businesses from taking
restricted in order to prevent abuse and protect theadvantage of the goodwill of other, well established
public from being mislead.companies by misleading the market with a similar
"Sensitive Words"name. Clearly names which are identical to those
Certain words have a necessary association withalready on the register will be refused registration.
important bodies. For example the words "board",Inappropriate Names
"commission" and "foundation" imply a particularOffensive, rude or derogatory company names will
authority or status. The word "international" might bebe refused registration. The registrar is keen to keep
used to make a company seem larger than it is.such names out of the market place where they
"Regulator" implies that the company is a officialmay cause offence to members of the general public.
organisation. There are many more words which canSimilarly, names which may be deemed to be
be found on the Companies House list of sensitivemisleading will also be refused entry on the register.
words in various appendices. The law has been put inSensitive Word Specialist
place to ensure that these kinds of words are notIf you unsure whether your company name will be
used to imply an association where non-exists. Someaccepted during the registration process or if you
of the words may well be used by a company inintend to use a sensitive word as part of your
carrying out a company formation. In order to docompany name, it's a good idea to use an
this, it is often the case that a company is requiredexperienced sensitive word specialist to help you with
to fulfil certain criteria beforehand. For exampleyour company formation. They will be able to guide
gaining permission from the secretary of state oryou through the registration process, giving
making certain assurances that relevant actions willappropriate guidance and more on the best way to
be carried out. What is required depends on thecorrectly register your ideal company name.