Re-registration of a public limited company to a private and unlimited company—checklist


Published by a ½Û×ÓÊÓƵ Corporate expert
Checklists

Re-registration of a public limited company to a private and unlimited company—checklist


Published by a ½Û×ÓÊÓƵ Corporate expert

Checklists
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This Checklist is a quick guide to the steps to be taken and the documents to be prepared in order for a public limited company to re-register as a private and unlimited company under Part 7 of the Companies Act 2006 (CA 2006), covering:

  1. •

    Preliminary considerations

  2. •

    Documentation

  3. •

    Meetings and procedures

  4. •

    Companies House filings and certificates

  5. •

    Cancellation of listing and trading—additional matters, and

  6. •

    Post-registration matters

Preliminary considerations

StepNotes/ResourcesTick box when step complete or matter considered
Is the company fully aware of the implications of the company becoming unlimited? In particular, the members and directors should be aware that:
(1) an unlimited company is not required to file accounts with Companies House
(2) an unlimited company is not restricted by capital maintenance rules, and, crucially
(3) there is no limit on the liability of the members of an unlimited company, so the members must be willing to financially stand behind the company		CA 2006, s 448
CA 2006, s 690
Re-registration of a public company as private
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Jurisdiction(s):
United Kingdom
Related legal acts:

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