07/10/2026
Can company directors be personally liable for company debt?
Generally, a company is a separate legal entity, meaning its debts are ordinarily the responsibility of the company, not its directors personally.
However, there are circumstances where a director may become personally liable for company debts or obligations. The circumstances can be complex and depend on factors such as the nature of the debt, the director’s conduct, and the circumstances in which the liability arose.
If you are a company director facing financial or legal difficulties, obtaining appropriate legal advice early can help you understand your position and obligations.
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