Company secretary

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System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in General member discussion
I do weekly bookkeeping and management accounts for a small Ltd Co. The current company secretay has resigned and is leaving the company and I have been asked to consider taking on the role of company secretary. I have checked the duties of the secretary on the Companies House website and it seems fairly straight forward. Can anybody advise please on potential pitfalls and, if I accept, what the going charge rate would be to perform this role on behalf of a small company?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Company secretary

    Best definition of being a co secretary Ive heard was that you are the conscience of the company! Not everyone listens to there conscience, but you still have to voice your thoughts with knowledge and confidence.

  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Company secretary

    A company secretary acts as the chief administrative officer of a company. You will advise the company on legal matters as well as financial.

    As long as you are suitably experienced in business, law and finance, you should go for it.

    Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Company secretary

    I've been a co secretary for a while and it is both the most demanding and rewarding of roles.
  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Company secretary

    Sara

    I like your description! I call it keeping the boss on the straight and narrow. Or at least trying to.
  • System
    System Posts: 100,534 🤖 Admin 🤖
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    Re:Company secretary

    Me too!

    I do find it interesting. I need to keep on top of the legal side, especially employment and contract law. But nothing wrong with that.

    You get a lot of respect for being honest - even if they choose to sometimes ignore you!

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