Limited company PAC advise

[Namechanger124]

Hi, does anyone know anything about limited companies and psc?

Long story short is that one business partner is a dick and the other now needs him out. Currently nobody is helping the situation including police etc.

So on companies house docs it states that there are 10 shares and each director owns 5 of them.
On the Psc section it states that one partner 'holds, directly or indirectly, more than 25% but not more than 50% of the shares in the company'. For the other partner is states 'holds, directly or indirectly, more than 50% but not more than 75% of the shares in the company'
Does this mean that one director has more control than the other??

Does this mean that one director has more control than the other??

To know that you'd need to check the wording of the Memorandum and Articles of Association which are basically the company's "rule book" - there may also be a shareholder's agreement which they both signed which will sit on top of the Memorandum & Articles. These documents will give you the answer, i.e. whether some shares hold more rights than others, whether one shareholder has a casting vote, etc.

This is a nightmare with 50:50 shareholders

Sounds like the PSC is incorrect if they are 50:50

You need a solicitor to start negotiations with the equal shareholder, to get them to agree to leave the business

PSC doesn't actually have any legal bearing anyway - it's just a Companies House requirement for a company to declare who it's beneficial owners and controllers are. It doesn't mean that a person really does control it - that's a different thing altogether.