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Companies House was a member of the Public Data Group, an advisory board which between 2011 and 2015 sought to improve public access to government data. [25] Companies House is also responsible for dissolving companies. [26] In 2020, there were approximately 4.3 million businesses on the Companies House register. [27]
Cases under the Company Director Disqualification Act 1986, such as Re Barings plc (No 5) [11] show that directors will also be liable for failing to adequately supervise employees or have effective risk management systems, as where the London directors ignored a warning report about the derivatives business in Singapore, where a rogue trader ...
All companies are formed in close to the same way they register with Companies House. The document companies take with registering with Companies house are Memorandum of Association and Articles of Association. The Memorandum of Association sets out the companies name, where it is registered (England, Wales or Scotland), it sets out the ...
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Companies incorporated in Wales may elect for their registered office address to be recorded as in Wales rather than in England and Wales. [8] Under regulations implemented in the UK on 1 October 2009, company directors may now also use a registered office address instead of their private home address for contact on the Companies House register.
In 2008, Barrowman moved to the Isle of Man and founded The Knox Group of Companies which owned several businesses, including Aston Ventures. [14] Barrowman was also a director of Aston Management Ltd (AML), which provided tax advice and offshore loan schemes to freelance workers including social workers, locum doctors, nurses and engineers. [15]
If a company is unable to pay its debts as they fall due, UK insolvency law requires an administrator to attempt a rescue of the company (if the company itself has the assets to pay for this). If rescue proves impossible, a company's life ends when its assets are liquidated, distributed to creditors and the company is struck off the register.
Legal & General Group plc – is a British multinational financial services and asset management company. It offers investment management, mortgages, pensions, annuities, and life assurance. It also offered general insurance before the sale of Legal & General Insurance to Allianz Insurance in 2020. Established in 1836 in London as The New Law ...