It just tells you how to display the names, doesn't say much about
For example, If I have a Ltd company called 888 Media Ltd I would like to have trade names like 888 TV, 888 Publishing, 888 Records, 888 Music. These names are for the different segments of the business.
I would still only have the 1 x Ltd company and the same bank account. All businesses would be paying and invoicing the 888 Media Ltd. The name would be at the bottom of the inovices. Something like 888 TV is the trade name of 888 Media Ltd.
Is this ok, and can everyone just pay 888 Media Ltd for work of 888 TV? I would be using 888 TV as the marketing name in advertising and promotion.
Do I have to open a bank account for each department? Do I have to get the bank to set up "trading as" or "trade names" for each dept??
Or is it ok to start making up any old trade name I want and then get everyone to pay the Ltd company?