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⍰ ASK What are the responsibilities of company directors in the UK?

In the UK, company directors have a big job, handling lots of responsibilities that are crucial for how a company runs. The Companies Act 2006 lays out the basic rules they need to follow, making sure they act legally and with care. They have to put the company first, showing loyalty and trust.

Directors are like the masterminds behind important decisions that guide the company to success. This means they need to know a lot about the business and commit to making it last. Managing money is a big part of their jobso they have to keep a close eye on financials, follow reporting rules, and work to keep the company financially healthy.

Making sure the company follows all the rules, like filing papers on time with Companies House, shows that directors are serious about doing things right. They also have a say in keeping everyone safe at work, not just in the office but beyond.
 

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