Course Details

This session will enable you to advise your private company and director clients on the latest court rulings and best practice developments affecting UK private limited companies, and what to do about them to avoid upsets and costs and stay out of the courts. This will include the latest developments regarding private company directors’ Companies Act duties, share transactions, the so-called ‘creditor duty’, company decision-making, upcoming reforms to look out for, and more.


It will also cover the latest introduction dates, and details of, the changes to the small company accounts filing regime at Companies House (including mandatory digital filing for all, using commercial software), the abolition of the requirement for companies to keep statutory registers (except one!) and other changes to the Companies Act 2006 rules still in the pipeline and being brought in as a result of Part I of the Economic Crime and Corporate Transparency Act 2023 – and, of course, the practical steps you and your clients should be taking now for a smooth transition to the new regime.


In this session David Impey will cover the following topics:

  • Latest case law on private company directors’ Companies Act duties
  • Issues around share transfers – and when s 40 CA 2006 might apply
  • Where we are with the ‘creditor duty’ clarified in the Sequana case
  • Any developments regarding directors’ conflicts, de facto directors, dividends, sales at undervalue and other transactions, decision-making, and legal remedies
  • Upcoming reforms to look out for
  • Changes under Part I of the Economic Crime and Corporate Transparency Act 2023, including:
    • Abolition of abridged and filleted accounts for small companies
    • Requirement to file accounts digitally, using commercial software
    • Abolition of almost all statutory registers
    • Restrict a company from shortening its accounting reference period
    • Requirement to file more detailed shareholder/member information at Companies House
    • Extended power to keep personal information filed at Companies House confidential


By attending this session, you will be able to advise private company clients how to avoid the latest traps and pitfalls arising from case law and other developments, and on the practical steps to take to transition smoothly to the new regime as upcoming changes to company law loom under the Economic Crime and Corporate Transparency Act 2023.


This session will be of most interest to Accountants, whether in private practice or in-house, advising private limited companies, and company directors and owners.


Course level: Open to All levels

CPD Course Speaker

Company Law Solicitor

David Impey

David Impey is a company law solicitor, professional services marketer, writer, and lecturer. His specialities include company law, professional services marketing, strategic planning and implementation, and interactive e-marketing.

As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics

From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.

He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.

David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.