Admitting and managing shareholders

What it does

The Shareholders page is your statutory Register of Members under section 113 of the Companies Act 2006. Every UK private company must maintain it. It records:

• Each shareholder's legal name and address
• The date of admission to the register
• The date of cessation when they've disposed of all shares
• Their shareholder type: individual, company, fund, or trust

How to admit a shareholder

1. Go to Company → Shareholders
2. Click Admit shareholder
3. Enter the shareholder's full legal name — this is what appears on the s113 register and share certificates
4. Pick the type:
   • Individual — natural person (most founders, employees)
   • Company — UK or overseas registered company
   • Fund / SPV — VC / PE / SPV / LP (typically held in a nominee name)
   • Trust — family or employee benefit trust
5. Fill in the address (required by s113 — keep this up to date as a separate field from any contact-book address you might have)
6. For individuals, optionally add date of birth (YYYY-MM format is acceptable for the statutory register — full date is private)
7. For companies / funds, add the company number of the shareholding entity
8. Click Admit

Editing a shareholder

Click the shareholder row to open it, then edit — for example to update their address after they move house, or correct a typo in the registered name. Every edit is recorded in the audit log.

Ceasing a shareholder

When a shareholder has disposed of all their shares (via transfer or buyback), set their ceased_at date. The register preserves their historical entry — required by s113 — but they no longer appear in the active list by default.

You can't cease a shareholder who still holds shares. Blankitt enforces this: transfer or buy back their holdings first, then cease.

Tips

• The s113 address can differ from the contact-book address. Treat it as the legal registered address of the shareholder, not a postal preference.
• Once admitted, edits are tracked — see Reports → Audit Log for the full trail.
• Download the s113 register as a PDF any time via the Register button at the top of the page.