60 Second Test
Understand your company's position and learn more about the options available
Companies Act 2006 Definition & Overview
Share: 
Updated:
An overview of the Companies Act 2006
The Companies Act 2006 is an act of parliament that currently serves as the primary source of company law in the UK. This particular act has the distinction of being the longest in the history of British Parliament, containing 1,300 sections that span over 700 pages, with a list of contents that is 59 pages long. The act also contained 16 schedules, but those have since been superseded by the Corporation Tax Act of 2009.
Take Our Free 60 Second Test
Get an instant understanding of your:
- Debt and Asset Position
- Formal Insolvency Options
- Next steps
Plus much more ...
Start The 60 Second Test
The provisions of the act were implemented gradually in stages, with the final provision being put into force on October 2009. Changes were made to almost every aspect of UK company law, but the following are the key components of the act:
- Introduced new provisions for public and private companies
- Implemented the European Union’s Transparency Obligations and Takeover Directives
- Codified numerous existing common law principles, including those related to directors’ duties
- Amended or restated almost all aspects of the Companies Act 1985
- Applied a single unified company law regime for the entire UK, replacing the previously used
- Separate systems for Northern Ireland and Great Britain
UK’s number one for director advice
We handle more corporate insolvency appointments than any other UK firm; demonstrating our commitment to helping directors and business owners in financial distress.
The team are available now - 0800 644 6080
60 Second Test Find Your Nearest Office
If you have any curiosities concerning UK company law or business recovery please feel free to drop us a message with your questions. Alternatively, you can call us for free confidential advice.
Real Business Rescue are here to help
Still unsure whether liquidation is right for your company? Don't worry, the experts at Real Business Rescue are here to help. Our licensed insolvency practitioners will take the time to understand the problems your company is facing before recommending the best course of action going forward based on your own unique circumstances.
- UK’s Largest Liquidators
- 100+ Offices Nationwide
- 100% Confidential Advice
- Supported 25,000+ Directors
Looking for immediate support?
Complete the below to get in touch
10,000+ Tests Completed
Free 60 Second Test
For Ltd Company Directors
Get An Instant Understanding Of Your:
- Debt and Asset Position
- Director and Liability Review
- Next Steps
Plus much more ...
Real Business Rescue Recommended
Next Steps
We provide free confidential advice with absolutely no obligation.
Our expert and non-judgemental team are ready to assist directors and stakeholders today.
Office Locator
Find your nearest office - we have more than 100 across the UK. Remote Video Meetings are also available.
Contact Us Today
Free, confidential, and trusted advice for company directors across the UK.