If my buyer's numbered company later changes its name, does the licence need to be reissued again?

Generally, this depends on how the specific licensing body treats a corporate name change, but it's usually a lighter process than an ownership transfer, since the underlying legal entity holding the licence hasn't actually changed — only its name has, typically through an articles of amendment filed under the applicable corporate statute. Most licensing regimes distinguish clearly between a change in the licensed entity itself (which usually requires a fresh application or formal transfer) and a mere name change to that same entity (which usually just requires notice and updated documentation).

That said, this isn't universal, and some licensing bodies do require a more involved update process even for a simple name change, particularly where the licence document itself displays the legal name and needs to be formally reissued to reflect it. This is worth confirming directly with the relevant regulator rather than assuming it's purely administrative.

Because even a straightforward name change can trigger paperwork with real deadlines attached, notify the relevant licensing bodies promptly once your buyer's corporate name changes. A Treadstone business lawyer can confirm the specific requirement for each licence involved.