- Original Poster
- #1
Hello, everyone.
I have a few business questions.
Me and my business partner registered a limited company a while ago. I'm considering starting another one on my own. Since the name is going to be quite long, can I registrr the full name with Companies House but trade by using only the abbreviations? The first letter of each word in the full name? What steps do I need to take? Do I register the abbreviated name as a trading name or a trademark? (example: Silly Company Name Ltd. to be SCN) How does it work?
And I'm planning to make the current company a subsidiary to the new one (as I am majority shareholder with 80%). Do I issue new shares for the new company or do I sell my current shares to my new company? Please don't ask why, I have my reasons. Thanks
I have a few business questions.
Me and my business partner registered a limited company a while ago. I'm considering starting another one on my own. Since the name is going to be quite long, can I registrr the full name with Companies House but trade by using only the abbreviations? The first letter of each word in the full name? What steps do I need to take? Do I register the abbreviated name as a trading name or a trademark? (example: Silly Company Name Ltd. to be SCN) How does it work?
And I'm planning to make the current company a subsidiary to the new one (as I am majority shareholder with 80%). Do I issue new shares for the new company or do I sell my current shares to my new company? Please don't ask why, I have my reasons. Thanks
