I need advice on my duties as a director - Borehamwood

Directors owe duties to the company that bite hardest exactly when a business is under pressure. Early advice reduces the risk of personal liability.

• Duties under sections 171 to 177 of the Companies Act 2006
• Managing conflicts of interest and related party transactions
• The shift to creditor interests when insolvency threatens

Am I personally liable for company debts?

Usually not, but wrongful trading, personal guarantees and misfeasance claims are important exceptions.

What records should I keep?

Minuted board decisions showing what was considered and why are the strongest evidence that duties were discharged properly.

• Directors' duties in St. Albans22 firms
• Directors' duties in Watford19 firms
• Directors' duties in Hertford12 firms
• Directors' duties in London2,061 firms
• Directors' duties in Manchester325 firms
• Directors' duties in Birmingham251 firms
• Directors' duties in Leeds178 firms
• Directors' duties in Liverpool127 firms