Company Director

A company director is a registered director of a limited company. Companies have two main arms of control – the board of directors and the shareholders.

In order to become a company director, you first have to register with Companies House to sit in the role. You’re then legally responsible for running the company. This includes sending HMRC updated information on the company’s accounts.

The size of the limited company doesn’t affect your status as a director. Whether it’s a one-man-band limited company or a company with multiple employees, your status as director remains the same.

What are the director’s responsibilities?

The primary responsibilities of the company director include, but are not limited to:

• Participation in board meetings
• Making strategic and operational decisions
• Management of the business’s day-to-day affairs
• Deciding upon and implementing company policies
• Avoidance of any conflicts of interest, such as:
  • Being an advisor and director of the same company
  • Multiple dictatorships, especially ones where you’re also a shareholder
  • Taking advantage of company information for your own personal gain