Off the shelf companies
Discussion
Are you looking for an "Off the Shelf Director" as weli 
"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
Eric Mc said:
Are you looking for an "Off the Shelf Director" as weli
"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
Ideally I would want a director to stay in place yes ! if thats possible?"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
Why would a person unknown to you want to take that risk - unless, perhaps, you were prepared to pay a substantial sum to keep them on board.
The last thing an initial "nominated" director would normally want to do is stay on the records as a director once the company has been passed on.
The last thing an initial "nominated" director would normally want to do is stay on the records as a director once the company has been passed on.
m3sye said:
Eric Mc said:
Are you looking for an "Off the Shelf Director" as weli
"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
Ideally I would want a director to stay in place yes ! if thats possible?"Off the shelf companies" have a named director already in place as all companies are legally required to have at least one director. Obviously, that individual is keen to be taken off the registry as a director once the company is "sold" to the new owners. He/she wouldn't want to have any legal respnsibilities for a company, business and other directors he/she doesn't know anything about.
£50k per year plus a 10% stake of profits.
For that Ill help do the books each year too.
m3sye said:
Anyone know where you can buy off the shelf companies that have a director already in place that you can "keep" rather than changing Directorship?
Isn't it rather unlikely that a director who is (presumably) in business helping people launch new businesses, would also have the knowledge, skills and motivation necessary to make your new company succeed? Unless you're trying to set up a company to help people launch new businesses, in which case he might have lots of relevant knowledge and knowledge but maybe lacking a bit of motivation.
GreenV8S said:
m3sye said:
Anyone know where you can buy off the shelf companies that have a director already in place that you can "keep" rather than changing Directorship?
Isn't it rather unlikely that a director who is (presumably) in business helping people launch new businesses, would also have the knowledge, skills and motivation necessary to make your new company succeed? Unless you're trying to set up a company to help people launch new businesses, in which case he might have lots of relevant knowledge and knowledge but maybe lacking a bit of motivation.I have plently of motivation, 50,000 reasons worth! Maybe 60,000 if our next deal goes through.
In my experience company formation agents do not offer this as an option, for the reasons mentioned above. There are businesses out there who will supply you with "directors" in the form of "business angels" i.e they will supply individuals who can use their expertise and experience to assist a business - for a fee, of course.
I have to ask, why do you want to be a limited company with a "built in" director? A company only needs one director to be properly constituted and that director could be you. Unless, of course, there is some reason why you do not want your name on the official company documentation.
If that is the case, you would, in effect, be a "shadow" director and that fact MUST be revealed in the company's annual accounts anyway.
I have to ask, why do you want to be a limited company with a "built in" director? A company only needs one director to be properly constituted and that director could be you. Unless, of course, there is some reason why you do not want your name on the official company documentation.
If that is the case, you would, in effect, be a "shadow" director and that fact MUST be revealed in the company's annual accounts anyway.
m3sye said:
Thank you all for your help....
Thats cool, this is what Pistonheeads is for, meeting new contacts like this!Did you want me to sort the registered office too?
Also, what type of business will you be doing? I am pretty good at most things but I don't want to do anything illegal.
JustinP1 said:
m3sye said:
Thank you all for your help....
Thats cool, this is what Pistonheeads is for, meeting new contacts like this!Did you want me to sort the registered office too?
Also, what type of business will you be doing? I am pretty good at most things but I don't want to do anything illegal.
m3sye said:
JustinP1 said:
m3sye said:
Thank you all for your help....
Thats cool, this is what Pistonheeads is for, meeting new contacts like this!Did you want me to sort the registered office too?
Also, what type of business will you be doing? I am pretty good at most things but I don't want to do anything illegal.
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