COMPANIES HOUSE ADDRESSES ARE:
For English/Welsh companies
Companies House
Crown Way
Maindy
Cardiff
CF4 3UZ
Tel: 0222 388588
Limited Partnerships
G
The London Search Rooms
Companies House
55-71 City Road
London
EC1Y 1BB
Tel: 071 253 9393
Satellite Offices:
Manchester Branch
75 Mosley Street
Manchester
M2 2HR
Tel: 061 236 7500
Birmingham Branch
Birmingham Central Library
Chamberlain Square
Birmingham
B3 3HQ
Leeds Branch
25 Queen Street
Tel: 021 233 9047
WHAT IS A LIMITED PARTNERSHIP?
A limited partnership consists of one or more persons
called general partners, who are liable for all debts and
obligations of the firm, and one or more persons called
limited partners, who contribute a sum or sums of money as capital, or property valued at a stated amount.
Limited partners are not liable for the debts or
obligations of the firm beyond the amount contributed.
WHAT RESTRICTIONS ARE THERE ON THE LIMITED
PARTNERS?
During the term of the partnership, a limited partner
may not, in any way, draw out or receive back any part
of the contribution. If he does, he is liable for all the
debts and obligations of the firm up to the amount
drawn out or received back.
Leeds
LS1 2TW
Tel: 0532 338338
For Scottish companies
Companies House
100-102 George Street
Edinburgh
EH2 3DJ
Satellite Office
Tel: 031 225 5774
A limited partner may not take part in the management of
the business, and does not have power to bind the firm.
If he does, he becomes liable for all the debts or
obligations incurred while taking part in the management
as though he were a general partner.
Glasgow Branch
21 Bothwell Street Glasgow
G2 6NR
Tel: 041 248 3315
THESE NOTES ARE A GUIDE ONLY AND SHOULD BE READ WITH THE RELEVANT LEGISLATION.
WHO CAN BE A PARTNER?
Generally speaking, an individual or a legal body such as a company may be a partner in a limited partnership, either as a general or as a limited partner. A person cannot be both a general and a limited
partner at the same time.
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