Offering company secretarial services really can add value

Until recently private companies either appointed professionals to carry out the role of company secretary or appointed the most relevant internal person, often the finance director.

Now that private limited companies have not needed to appoint a company secretary, it appears that most are taking advantage of this. In doing so, companies believe that they are saving themselves the hassle of having to fulfil this role and also in some cases avoiding unnecessary fees.

In my opinion, not appointing a company secretary could not only be a false economy but also could result in additional undue responsibility on directors. The question is largely can directors take on this responsibility and do they really know what is involved.

I am not going to list the typical duties of a director since as accountants we are well aware of them, however I suspect that your clients are not.

Just one example - with cleaver software and the ability to import information from Companies House one can quickly put together a company register, something that I suspect your clients could not do.

Let your clients know where they may be falling short. Offer support and expertise. It will be appreciated and although you may find you cannot invoice substantial fees for this work you will find that it will add value to your relationship with your client.

www.wisteriaformations.co.uk
www.wisteria.co.uk