A company secretary heads up the technical administrative division of a company and is responsible for reporting financial information and legal documentation to Companies House on an annual basis.
Although UK private companies are no longer required to appoint a company secretary, UK Public organisations are still legally required to appoint one. If you are a private company that chooses not to appoint a company secretary, then the directors of the business inherit that duty.
Company secretaries have great responsibility and play an important role in the functioning and governance of a business. The skill-set of a company secretary is extensive and requires an understanding of corporate finance, law, risk management and governance.
The specific role and duties of a company secretary will differ between companies, depending on size and nature, but broadly include the following:
- Maintaining the company’s statutory books
- Ensuring the business complies with its legal and statutory requirements
- Filing documents at Companies House, for example compliance statements
- Running the company’s registered address
- Administration duties, e.g. taking and distributing meeting minutes
- Supporting the Chairman, CEO and board
Here at Smith Cooper, we can provide a bespoke company secretarial service, helping you improve your company’s performance. Our dedicated professionals are on hand to take care of your company secretarial work, allowing you to focus more of your attention on your business.
We simplify complex company legislation, provide peace of mind to shareholders and help to mitigate risk. The range of services we’re able to offer as part of our secretarial service includes compliance services, company formations, capital transactions, general company advisory and much more, so please don’t hesitate to get in touch today to see how we can help.