Talk:Private company limited by shares: Difference between revisions

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Registered Office

Although documents from companies house are delivered to a company's registered office, HM Revenue and Customs may have an alternative address for correspondence. In addition, the registered office may not be a PO box, as it must be a valid address to serve, for example, a petition for winding up. I will amend this if there are no comments tomorrow. Matt Adore 15:09, 28 May 2007 (UTC)[reply]

Article

too many UK examples. how about others? —Preceding unsigned comment added by 220.246.241.235 (talk) 18:32, 7 October 2007 (UTC)[reply]

Some questions about 'Private companies limited by shares'

1. In single member companies:

However, if such a meeting is held it must be recorded in minutes. If a single member takes a decision at a meeting then that decision must be given to the company in writing.

How can one single person have a meeting? Does this mean that any decision made by that person on behalf of the company must be recorded in the form of minutes as if a meeting was held?

If the company enters into an unwritten contract with the sole member who is also a director of the company (and the contract is not in the ordinary course of the company's business), the company must ensure that the terms of the contract are set out in a memorandum or are recorded in the minutes of the next board meeting. for any purpose.

board meeting? the company must ensure? How can this be done if the company is in fact represented by that sole member?

And last question, what is the minimum a company must achieve? Could you have a company established for leisure purposes where the turnover or profit is minimal if any at all? Or must companies achieve a minimum turnover or profit? PatrickC (talk) 16:45, 13 July 2008 (UTC)[reply]

In the UK, the Companies Acts 1985 and 2006 allow a single member to have a "meeting"; the requirement is primarily that any decisions are written down in the minutes.

And there's no requirement in law for a company to actually do anything; companies can be not-for-profit enterprises. Also a company can run at a loss, for example if shareholders are putting new money in all the time - this might happen if they think the company will become successful in future. -Andy 82.152.115.137 (talk) 11:03, 13 August 2008 (UTC)[reply]

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 And last question, what is the minimum a company must achieve? Could you have a company established for leisure purposes where the turnover or profit is minimal if any at all? Or must companies achieve a minimum turnover or profit? [[User:PaddyC|PatrickC]] ([[User talk:PaddyC|talk]]) 16:45, 13 July 2008 (UTC)
+In the UK, the Companies Acts 1985 and 2006 allow a single member to have a "meeting"; the requirement is primarily that any decisions are written down in the minutes.
+And there's no requirement in law for a company to actually do anything; companies can be not-for-profit enterprises.  Also a company can run at a loss, for example if shareholders are putting new money in all the time - this might happen if they think the company will become successful in future. -Andy [[Special:Contributions/82.152.115.137|82.152.115.137]] ([[User talk:82.152.115.137|talk]]) 11:03, 13 August 2008 (UTC)