Due to the recent increase in the numbers of high profile business failures and mismanagement, the role of Corporate secretary has grown in importance.
We can help you to comply with your statutory obligations under the Companies Act and ensure you avoid any penalties for late filing of annual returns, accounts and other documents. And because we spend time getting to understand your business and the context of your organisation, we will translate governance theory into appropriate frameworks, policies and processes for your organisation and develop and implement these in a way that you can readily understand and comply with.
Who is required to have Company Secretary?
All public companies are obliged to have a Company Secretary. Although it is optional for most private companies to have a Company Secretary, it is crucial that all the duties are carried out by someone in the business.
What is the role of a Company Secretary?
The company secretary is responsible for the efficient administration of a company, particularly in ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.
This includes being responsible for Companies House filings, advising directors on their duties and ensuring they comply with corporate legislation, sector-specific codes and the company’s articles, arranging meetings of directors and shareholders, maintaining company registers and developing the policies necessary to ensure good governance such as anti-bribery, expenses and whistle-blowing.