"There are no statutory term limits, although the articles of association could include term limits. There is discourse in wider corporate governance about term limits more generally, see for example…"
"I've used Co-op and CAF banks and had a largely positive experience but neither have a lot of branches. If you intend to keep things electronic that shouldn't be a problem. I've used Nationwide for personal stuff but not business, and…"
"If you have a look at the model articles, the following can be inserted into article 12:
"In the event of the Company having only one Director, a majority decision is made when that single Director makes a decision."
This allows decisions…"
2. You don't need to notify HMRC when appointing directors, but you will need to notify Companies House
3. Unpaid directors don't generally have service contracts, but they will have duties to the company"
You said you'd registered as a sole trader. Was this with HMRC?
You can't "convert" a sole trader to a CIC, so you would need to form a CIC.
On the other hand, if you already have a company then you can convert this to a…"