Can You Make Yourself Redundant. I'm a director

dear mark

i am a bit confused about your directorship in the company. Are you listed at companies house and have shares? Or are you a director by title only?

in answer to above - i am listed at companies house and i am share holder.
i dont understand why you are contracted out to companies, are you a one man limited company?

in answer to above, i am basically a one man company although my mother is the secretary

anyone can be made redundant provided the selection of that position is fair. You mention that the work that you do is diminishing and therefore the risk is there.

yes i have never been out of work before but times are changing and the is a real possibility i will not be able to get work soon.

however, before you are made redundant there is a process to be followed and you have the right to consultation where you can discuss ways to avoid the redundancy, ie another position, salary reduction, etc. Etc.

However, this is all depends on the contract of employment you have and if its your own limited company and only you and there is no work then the company is insolvent and you are out of work.

with no work coming in, does this make the company insolvent?

without the full facts it is hard to actually advise.

thank you very much for replying, i await any further comments you may have.

Mark

hope this has helped

best wishes

carol

thanks for your comments

hi there,

i am a director of my limited company, i basically contract out to engineering companies, however work is about to dry up and i will be with no income coming into the company.

Can the company make me redundant? Is it legal to do so, any pit falls, any advice will be appreciated.

Regards mark r