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Husband offered directorship. Pls explain it to me like I'm five.

28 replies

Pixiedustfan · 06/06/2025 13:44

Dh has been asked if he would like to become a director of the Ltd company he works for. Both of us aren't really business savy. I've just googled as he's at work. If he takes it does this meN he would be responsible for any debt of the company. He wouldn't have shares.

Please can someone explain what the risks are?

OP posts:
Hoppinggreen · 07/06/2025 11:32

Pixiedustfan · 07/06/2025 08:40

Thank you all again.

Can he be a director in title only? We've looked at the company online snd Al the other directors are listed on companies house so I assume he would be too.

Director isn't a protected word.
I have been a "Director" of a few things when I was employed but wasn't actually a Director at all until I set up my own business

SheilaFentiman · 07/06/2025 11:41

Lots of people have Director in their title (sales director, operations director etc) without being on the board of directors.

librathroughandthrough · 07/06/2025 11:59

Hoppinggreen · 06/06/2025 16:24

What would be the advantage for him?
If he has no shares it is effectively just still a job, although he will have obligations as detailed above

Yea he is just making no money for the stakeholders whilst shouldering the responsibility.

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