In order to protect the trading name unincorporated company registers as an incorporated company filing under Section 480 of the Companies Act 2006 as dormant. The legal operators or beneficial owners of the two businesses occupy the same premises at the same service address, e.g. 'Trading Name' "TN" and 'Trading Name Ltd' "TNL" Unit 2, Business Park, Somewhere. As there is a legal separation between the two, the assets of TN would apparently be beyond the reach of anyone suffering a distress caused by its beneficial owners because they appear to be locked up by TNL. Supplier contracts with TN do not mention the beneficial owners by name they use the trading name and the supplier knows they are unincorporated but is unaware that the assets of TN may be protected by TNL; business is undertaken largely on a cash basis. TN is a food business and the identity of the Legal Operators is protected by Local Authority Policy and more controversially by Data Protection Law (GDPR).
The beneficial owners of TN are relying on their identities being withheld what are the wider implications of structuring a business in this way especially if the identities become known.