Registering my business name advice

Vantage · Jan 19, 2009

Hi everyone, a little advice needed please....
I have very recently started up my own small business but have been told there's no need to register with Companies House as I'm not a limited company, I'm a soletrader.
Firstly is this correct and secondly if this is true where should I be registering my company name instead?

Cheers

ALStranslation · Jan 26, 2009

If you are working as a sole trader you don't need to register anywhere.

I think the question you should probably be asking though is whether being a sole trader is the right this?

roofing solutions · Jan 26, 2009

im in the same boat, im starting a roofing company and am wondering what are the negatives and positives with regestering with companies house as it'll make the business look more established if i reg?

Moocha · Jan 28, 2009

You only need to register with the inland revenue if you are a sole trader and need to do so within 3 months of starting or they can theoretically give you a fine of £100. Companies house is for registering Ltd companies, PLC and so on which if you see yourself going down that route in the near future, you can register your company as dormant so that you bag the trading name so that someone else cant use it.

tarannicholson44 · Feb 2, 2009

hi if any people would like to i will be on all day tomorrow

dean023 · Feb 5, 2009

Moocha said:
You only need to register with the inland revenue if you are a sole trader and need to do so within 3 months of starting or they can theoretically give you a fine of £100. Companies house is for registering Ltd companies, PLC and so on which if you see yourself going down that route in the near future, you can register your company as dormant so that you bag the trading name so that someone else cant use it.

thanks for the info

jamesgilbertson100 · Feb 5, 2009

Hey everyone im quite new to all this!!

Have just been viewing in the new business centre other peoples businesses so nice to see young entrepreneurs emerging in such bad times!

I am a recent graduate and am struggling to find a job!!! Im sure there are others like me as well in the UK but I need advice!

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