@RichardJMurphy I would add one other reform. Directors should be required to pass a test before being allowed to take office. Firstly this would allow them to be more easily identified (assuming the licence issued had a number, as driving licences do, and that number is recorded with the information on record in Companies House), and secondly it would stop the vast numbers of people who acquire limited companies with little or no knowledge of the legal responsibilities that entails.