TM01 Form: Termination of the Appointment of a Director

The TM01 form is used by a limited company to formally notify Companies House that a director has left their position. Whether due to voluntary resignation or removal, it is a legal requirement to update the company’s records and ensure accuracy on the public record.

Understanding how to complete form TM01 correctly is essential for maintaining compliance and avoiding penalties.

What is the TM01 Form?

The TM01 termination of appointment form is the official document used to inform Companies House that a director’s role has ended. This applies when a director resigned, retired, or was removed from their position.

All company directors must be properly recorded, and any changes must be reported promptly. The form ensures transparency and keeps the company’s information up to date on the Companies House website.

When Should You File a TM01 Form?

A company must notify Companies House that a director has left as soon as possible. The TM01 form must be filed within 14 days of the date of termination.

Failure to submit the form on time can result in inaccurate records and potential compliance issues. Keeping filings up to date is particularly important as Companies House data is publicly accessible.

Who Can File the TM01 Form?

The TM01 form must be completed and submitted by an authorised person, typically:

• A remaining director
• The director or secretary of the company

The responsibility does not fall on the departing director alone. The company itself must ensure that Companies House is properly notified.

How to Complete Form TM01

To complete form TM01, you will need the following details:

• The company number
• The full name of the director
• The date of termination

The form can be submitted through online filing via the Companies House website or by post.

Online filing is generally faster and helps ensure that the update appears promptly on the public register.

Voluntary Resignation vs Removal

A director resigned scenario is usually straightforward, with the individual stepping down voluntarily.

However, a company may also need to terminate a director through a formal process. This can occur under section 168 of the Companies Act 2006, which allows shareholders to remove a director by ordinary resolution.

In such cases, the TM01 form is still required to formally notify Companies House that a director’s appointment has ended.

What Happens After Filing?

Once submitted, the information becomes part of the company’s public record. This means anyone can view the details of past and present directors via the Companies House register.

Companies should ensure that all filings are accurate and timely, as incorrect records can affect credibility and legal compliance.

How can Expert Commercial Law Assist?

If you need help ensuring your company meets its legal obligations or dealing with director changes, Expert Commercial Law can connect you with experienced professionals to guide you through the process.