Appointing and removing a company director
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- เผยแพร่เมื่อ 12 มิ.ย. 2024
- Company directors can be appointed at any point during or after company formation. Likewise, they can resign or be removed at any time. However, like most things in life, there is a process that must be followed, and certain rules to be adhered to - most notably the Companies Act 2006.
In this episode of Whiteboard Thursday, our resident company guru Nick Campion, shares his best advice on how to appoint and remove a company director, and keep on the right side of the good folks at Companies House.
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I look forward to these every week! As they say, every day is a school day. Can't wait to see what you guys have lined up for the next video!!
Thanks Annalise. We totally agree with the learning something new every day philosophy! Never stop learning. We have a new video coming up on Thursday...so not long to wait :)
Top man Nicholas!!...providing the people with the knowledge they need and looking dapper whilst doing it
Thanks Big Mizzle. Nicholas works hard on his sartorial elegance - just for you!
Thanks Nicholas! Great to have this explained in such a clear way as it can be so confusing!
Glad we were able to clear up this topic for you, Scarlett. Let us know if you know of any other topics you find confusing - so we can try to clear them up with you in future videos!
Another really useful video from Nick Campion detailing the process to be followed when appointing or removing a company director, all of Nicks videos are extremely helpful and of great support to business owners
Thank you for your kind endorsement, John! It's important to us that we are able to assist business owners using our experience in this area.
Great video, very informative. I like how the colour of the tie matches the 1st Formations logo, I fully appreciate the continuity.
Thank you for your kind words Rakhee - we will pass on your praise for Nicholas' sartorial elegance to him!
Great content, thank you for making it! Very useful.
Thanks John - glad you found it helpful!
Fantastic content!
Really helpful for new start-ups.
Thanks for the high praise, Ryan. If there are any other topics you think might be useful for start-ups - let us know, and we can look to make a video covering it.
Really helpful as always! Thank you Nicholas
Thanks Stefan. Glad you liked the video!
Very clear and valuable information - thank you
Thank you for such positive feedback!
I like the detail in this video, really helpful.
Glad you found our attention to detail to be of a high standard, Paul. Are there any other topics you would like us to make videos on?
Very informative and helpful!
Thanks Anjali - we're glad we were able to provide you with some useful information on this subject.
Fantastic video Nicholas! Particularly interesting point about a directors middle name (something I'm sure a lot of people are unaware of until they try and set up a bank account!)
Thanks Amelia - yes, this is an important factor when many people miss when appointing a new director.
The Whiteboard Thursday videos are just getting better and better! Do you mind if I ask you where you got that very unusual tie pin Nick?
Thanks for your kind words Graeme. Nicholas' fetching tie pin came from his bespoke tailor, Roberto Revilla. If you fancy getting one yourself, or have any other bespoke tailoring needs, we recommend visititing www.robertorevillalondon.com.
@@1stformations Thank you for your response - I will indeed getin touch with Roberto via his website.
Great stuff - We're sure Roberto will be able to help you out!
Think I might actually pass my degree now. Thank you and nice suit x
That's what we like to hear Rob! Thank you for the suit compliment. What are you doing your degree in?
Another helpful video!
Thanks for your comment Christopher - we're glad you found this video useful. If you have any other topics you would like us to provide advice on, just leave a comment and we'll see if we can make it happen!
Fantastic video once again nick. What is your advise for people wishing to act as alternate directors?
Thanks for your great question, Precious. Alternate directors are used as proxies by directors who cannot attend board meetings. They cannot be appointed or removed as they are only 'acting' on behalf of the real director. I hope this is helpful.
This is really useful, what about shareholders?
Glad you found it useful, Agostino. We cover transferring and issuing company shares (to and from shareholders) in our TH-cam video here: th-cam.com/video/RSumWQPbMvM/w-d-xo.html
We're also have a number of other videos planned about shareholders - so stay tuned.
If there are any other videos you would like us to make, just let us know here!
Great video Nicholas! Can I appoint you directly to be my best friend ?
Unfortunately I already have a best friend, James - my best friend being the Companies Act 2006, of course. If you don't mind playing second fiddle to CA2006, be my guest!
@@1stformations how do i fill out RP07 & RP02A forms to get rid of 2 different fraudulent companys that have recently registered at my home address
You can now fill out the RP07 form online using the government guidance. This can be found through the following links:
1. www.gov.uk/government/publications/apply-to-change-a-companys-disputed-registered-office-address-rp07/guidance-on-the-rp07-process and
2. www.gov.uk/government/publications/apply-for-rectification-by-the-registrar-of-companies-rp02a.
We hope that you manage to get rid of these fraudulent companies that are using your home address for their registration!
Can a resigned director be reappointed a director again in the same company after a couple of months?
Hi! Yes, in most instances this is absolutely fine; however, you should always check your company's articles of association first to confirm there are no restrictions. We provide an appointment service on our website, have you seen it?
Hi I’m a limited company 100% shareholders, and I was a director before, how can appoint myself as a director ?
Thank you for your question! In order to appoint a new director to your limited company, you would need to file an AP01 form. Our company professionals offer a smooth and efficient service for just £19.99 plus VAT per appointment! For further information, please see here: www.1stformations.co.uk/director-appointment-resignation/ Is there anything else we can help you with today?
All your enemy has to do is having a director that appoints a person or org that is your competition .
That's an interesting thought. Thank you for your comment :) Have you checked out any of our other videos?
What if you notify them of new appointments after 14 days?
Thanks for your message, Lala. In general terms, whilst Companies House to not have powers to prosecute or fine directors for late notifications, the GOV.UK website does advise that late filings can affect your company's credit score/rating, as this is considered one of the indicators of your company's reliability.
Do you have a late filing you wish to make?
hi what about the directors service contract?
Thanks for the question! Directors' service contracts are private contracts between the company and that director, as an employee of the company. you must ensure before resigning a director that you follow employment law - as you may be taken to employment tribunal if you change the job role of an employee without following the proper redundancy / dismissal / consent procedures. Does that help you?
Can you please explain me bushell vs faith case regarding directors removal. Thx
Thanks for your question, Yasir. The best explanation for this case can be found here: en.wikipedia.org/wiki/Bushell_v_Faith
Are you studying this case for a particular reason?
@@1stformations yes I'm studying law and I am going for presentation by next month if yiu can please guide me or explain me , basically it's a case of 5 partners ,and 3 of them want to remove 2partners
@@1stformations also one of the director have weighted voting g rights
@@1stformations thanks for your response also please let me know if any where I can contact, e.g email. Thankd
@@yasirabbasi7953 Hi Yasir, thank you for your reply! Yes, absolutely please contact our team should you have any queries via email at info@1stformations.co.uk Is there anything we can help you with at the moment?
How can I withdraw my termination after it is accepted my Companies House
Thank you for your kind message. To withdraw a voluntary dissolution request to Companies House, you need to file a DS02 form with them. We can provide this service for you for £19.99 +VAT if you wish. Please contact us using the contact methods on www.1stformations.co.uk if you want us to do this for you.
Is this helpful?
How do you set up a directors profile on companies house?
Hi Jessica - the director you wanted to set it up for would need to be appointed a director of a registered company on Companies House. Are you attempting to become a director?
@@1stformations yes this is my first time setting it up. not sure how to go about it. I'm attempting to acquire a business and they've asked for my directors profile on companies house
@@sampangulia OK - I guess they are asking for proof you are already a director of another company. We take it you are not?
no not at the moment. what do you suggest
@@sampangulia We would suggest informing them that they are not a director of a current limited company, which should not necessarily preclude you from purchasing another company. Did their accountants ask you this?
Can a director who is subject to removal vote in the general meeting?
Hi there! Directors do not vote in the general meetings, only shareholders do. If the director is also a shareholder, they are still allowed to vote, yes. I hope this helps!
@@1stformations Thank you. It does.
@@smafia8006 We are glad. Did you have any other questions?
@@1stformations No. I was dealing with a company said up "limited by guarantee" by leaseholders in a case study and i was wondering if the director can vote if there was a vote to remove him and i guess the answer was the director cannot vote unless he is also a guarantor. Thank you for the help. Much appreciated.
@@smafia8006 You are very welcome!
how many companies can you be a director of ?
even if your directorship only lasts one day ?
1 ? 10 ? 100 ?
Try 18,000 :)
Barbara KAHAN
Total number of appointments 18312
Date of birth
June 1931
Thank you for your question, Richard. There is no limit to the amount of companies you can be a director of, legally speaking.
The case of Barbara Kahan is a well known one in company law circles - we believe that person was selling a service to companies via a nominee directorship. In practice, nominee directorship is risky from a legal standpoint, as the nominee director (in that case, Barbara Kahan) would be legally responsible for the director's duties of the companies, but would not be in control of the actual directors' actions, opening them up to possible malfeasance claims should the actual directors' be negligent or carrying out wrongful acts.
Are you a company director?
jesus christ this guy likes the sound of his own voice uh
Tell us about it - you should try working with him every day! Is there anything we can do to help you today?