Director information hub: Restrictions on reusing an insolvent company name

Imported from official source

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Reuse of a company name by a director is prohibited and subject to restrictions if the company goes into insolvent liquidation.

If a company goes into insolvent liquidation, there are restrictions on the reuse of its name by its directors unless an exception applies.

A prohibited name is the company’s registered name, any trading names it used or any similar name that suggests an association with the liquidated company. 

For 5 years following the liquidation you must not:

  • be a director of a company that uses a prohibited name
  • take part in the promotion, formation or management of a company that has a prohibited name
  • carry on, or be involved in the carrying on of, a business that uses a prohibited name
  • The restrictions apply when a company is wound up:

    If you break these restrictions, you may be:

  • made personally liable for the debts incurred by the company during the breach
  • The restrictions apply to any director who was involved with the company in the 12 months before it entered liquidation, whether or not they were formally appointed.

  • you have the court’s permission to use the name
  • the company you’re involved with has been trading using the same name as the liquidated company for at least 12 months before the liquidation
  • Seek independent professional advice if you:

  • are or have been a director of a company that has gone into liquidation and
  • are involved with, or planning to start, a company or business that uses the same or a similar name 
  • Read more information on the reuse of company name.

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    This is an extract. The publication continues at the source.

    Read the original at the source: https://www.gov.uk/guidance/director-information-hub-restrictions-on-reusing-an-insolvent-company-name

    Officially imported this from The Insolvency Service’s own source and shows an extract. If you work there, claiming the profile and verifying the domain lets you choose to show the full text here.

    Provenance

    Organization
    The Insolvency Service — imported from official source
    Official source
    https://www.gov.uk/government/organisations/insolvency-service.atom ATOM
    Imported
    September 18, 2026 13:30
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    1 recorded
    Identity
    https://www.gov.uk/guidance/director-information-hub-restrictions-on-reusing-an-insolve...

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