Companies and Limited Liability Partnerships (LLPs) often run into difficulties by not keeping the statutory books up to date, or not filing required forms at Companies House in time. It may be easy to neglect company secretarial issues, pushing them to one side at the expense of higher priorities, but doing so is a massive risk for your business and can be very damaging.
Failure to comply with Companies House requirements can lead to fines for the company or the company may be struck off (ceases to exist). For the company’s directors, it can mean fines, a criminal conviction and potentially a disqualification order, meaning that person cannot be a director of any company for a period of time.
Our corporate team can work with your company to fulfil the role of company secretary. This includes:
We will offer you specialist advice throughout and keep you up to date with any issues, giving you the reassurance to focus on doing what you do best: running your business.
As company secretary, we would also work with you during any changes in the company which might affect its directors or shareholders. We often come across companies who have done things in the past which have affected their share capital, but have not documented it correctly, leading to the company’s records being incorrect and needing rectification, which can be costly, time consuming and embarrassing.
For more information on how we can support you in your company secretarial issues, please contact one of our corporate & commercial specialists in our Newbury, Thatcham and Maidenhead offices below.