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Outlining the potential advantages of inviting a non-executive director to join the board of a small company.
A Glossary of Company Law Terminology
A helpfil guide on Company Law Terminology
Accounting reference date (ARD): The date on which a company’s financial year ends. For new companies this is the last day of the month of the anniversary of incorporation. Companies can change their ARD and must file the new date with Companies House.
Accounting reference period (ARP): A set period of 12 months for which official company accounts are prepared. More generally referred to as the ‘financial year’.
Administration: An alternative to liquidation for a company in severe financial trouble. Enables a company to continue trading …
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