The director of a limited company has certain responsibilities and duties and must be eligible to act in this role.
A limited company must have at least one director who can be either an individual or a corporate entity and, in the case of an individual, they must:
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Be over 16 years of age
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Not have a criminal record
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Not been declared insolvent or faced bankruptcy proceedings
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Not appear on the disqualified directors register at Companies House
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Not also act as the company’s auditor
There are no restrictions as to how many directors a company can have. New directors can be appointed at any time
Certain information is required is required for each director:
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Full name
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Date of birth
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Place of birth (nationality)
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Occupation (although ‘Director’ will suffice)
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Residential address
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Service/correspondence address if different
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Date of appointment as a director
For every corporate director, information required includes
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Company registration number and corporate name
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The registered office address
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Whether or not the director is an EEA company
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The name of the authorised signatory
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For a non-EEA company, please provide the details of the legal form of the corporate body and the law by which it is governed
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The number of shares available.
Existing directors can resign at any time without the necessity to provide a reason for this on Companies house documentation.