Changing the name of your limited company in the UK is a relatively simple process, but it must be done correctly to avoid legal complications. Here’s how to do it:

1. Board Approval: The first step is to get approval from your company’s shareholders. A special resolution needs to be passed, which means 75% of the shareholders must agree to the name change.

2. Submit the NM01 Form: Once you have approval, you’ll need to file an NM01 form with Companies House. This form is called the "Notice of Change of Name." You can submit it online or by post. The online process is quicker, typically taking 24 hours, while postal submissions can take longer.

3. Update Your Business Records: After Companies House confirms the change, you’ll need to update your records, including informing HMRC, updating your bank accounts, and notifying clients.

4. Amend Company Stationery: Finally, ensure your new name is updated on your website, letterheads, invoices, and other formal documentation.

For a smooth transition, XactAccountants can guide you through the entire process, ensuring all steps are correctly followed. Contact us today to get expert help on your company name change.