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. If the director is 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 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
Appointment of a New Director
: Certain information 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
Where the director is a corporate entity, the following information is required:
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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 based in the European Economic Area (i.e. it is an EEA company)
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The name of the authorised signatory
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If the person with significant control is based outside of the EEA (European Economic Area - not EAA) you will also need to provide:
a. The company's legal documents (equivalent of Incorporation Certificate and Memorandum & Articles of Association), and
b. Confirmation of the country in which the company was incorporated.
Resignation of Director
: Existing directors can resign at any time. The reason for their resignation does not need to be captured on Companies House documentation.
