ROAD MANAGEMENT SERVICES (GLOUCESTER) LIMITED

Company Number: 03044569

active          Qynn Score: 100

Summary

Formed in 1995, ROAD MANAGEMENT SERVICES (GLOUCESTER) LIMITED has 6 directors and 2 shareholders. The longest serving directors have been in place for 8 years, however the shortest director appointment lasted for 0 months.

The registered office of the company is currently based at Cannon Place, 78 Cannon Street, London, United Kingdom, EC4N 6AF.

What do you need to know?

STATUS

ACTIVE

This represents the current trading position of the business and whether or not, the business should be considered for trading with.

UPDATED

5 Jun 2021

The date above shows the last date that the record was updated by Qynn’s servers - any updates will be reflected immediately.

QYNN SCORE

100

Qynn Score shows solvency on a sliding scale of 0 – 100, with 50 being the mid-point. Companies above 50 have a greater ability to pay their debts.

INCORPORATED

11 Apr 1995

Akin to a person’s date of birth, the incorporation date of a company is the date when the business was first registered to trade by its directors.

Latest financials (last 10 years)

ACCOUNTS DUE

30 Sep 2021

LATEST ACCOUNTS

31 Dec 2019

DIRECTORS

6

SECRETARIES

1

SHAREHOLDERS

2

RESIGNED DIRECTORS

50

RESIGNED SECRETARIES

3

Address

Cannon Place 78 Cannon Street London EC4N 6AF

Effective From

01/07/2015

Effective to

Current

SIC CODES

42110

Construction of roads and motorways

Director’s Report

Director’s Report 1

Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2006 Results and dividends
The profit for the year, after taxation, amounted to ?3,021,000 (2005 - ?3,482,000) The directors have recommended an ordinary dividend of ?1,500,0

READ MORE

Timeline

Filter

Shares

Corporate

Financial

Address

Mortgage

Risk

Officers

Miscellaneous

Jan 2011Feb 2011Mar 2011Apr 2011May 2011Jun 2011Jul 2011Aug 2011Sep 2011Oct 2011Nov 2011Dec 2011Jan 2012Feb 2012Mar 2012Apr 2012May 2012Jun 2012Jul 2012Aug 2012Sep 2012Oct 2012Nov 2012Dec 2012Jan 2013Feb 2013Mar 2013Apr 2013May 2013Jun 2013Jul 2013Aug 2013Sep 2013Oct 2013Nov 2013Dec 2013Jan 2014Feb 2014Mar 2014Apr 2014May 2014Jun 2014Jul 2014Aug 2014Sep 2014Oct 2014Nov 2014Dec 2014Jan 2015Feb 2015Mar 2015Apr 2015May 2015Jun 2015Jul 2015Aug 2015Sep 2015Oct 2015Nov 2015Dec 2015Jan 2016Feb 2016Mar 2016Apr 2016May 2016Jun 2016Jul 2016Aug 2016Sep 2016Oct 2016Nov 2016Dec 2016Jan 2017Feb 2017Mar 2017Apr 2017May 2017Jun 2017Jul 2017Aug 2017Sep 2017Oct 2017Nov 2017Dec 2017Jan 2018Feb 2018Mar 2018Apr 2018May 2018Jun 2018Jul 2018Aug 2018Sep 2018Oct 2018Nov 2018Dec 2018Jan 2019Feb 2019Mar 2019Apr 2019May 2019Jun 2019Jul 2019Aug 2019Sep 2019Oct 2019Nov 2019Dec 2019Jan 2020Feb 2020Mar 2020Apr 2020May 2020Jun 2020Jul 2020Aug 2020Sep 2020Oct 2020Nov 2020Dec 2020Jan 2021Feb 2021Mar 2021Apr 2021
    
 
     
  
  
    
 
 
 
      
         
 
        
 
      
 
 
       
      
   
  
  
   
  
     
 

Activity

Most Active Year

2013

Events

13

1

0

1

0

0

0

11

0

Most Active Month

May 2015

Events

5

1

0

1

0

0

0

3

0

Documents

Confirmation Statment

Type

Confirmation Statement

Description

Confirmation statement made on 27/04/2021 with no updates

Filing Date

27/04/2021

Action Date

27/04/2021

Director Details Changed for Mr Lee Johnson

Type

Officers

Description

Directors details changed for Mr Lee Johnson on 31/10/2020

Filing Date

12/02/2021

Action Date

31/10/2020

Termination of appointment of David William Bowler

Type

Officers

Description

Termination of appointment of David William Bowler as a director on 20/07/2020

Filing Date

03/08/2020

Action Date

20/07/2020

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2019

Filing Date

03/07/2020

Action Date

31/12/2019

Confirmation Statment

Type

Confirmation Statement

Description

Confirmation statement made on 13/04/2020 with no updates

Filing Date

13/04/2020

Action Date

13/04/2020

Termination of appointment of Javier Carol Vilarasau

Type

Officers

Description

Termination of appointment of Javier Carol Vilarasau as a director on 30/09/2019

Filing Date

12/12/2019

Action Date

30/09/2019

Appointment of Mrs Laura Grau Blasi

Type

Officers

Description

Appointment of Mrs Laura Grau Blasi as a director on 31/10/2019

Filing Date

12/12/2019

Action Date

31/10/2019

Appointment of Mrs Nicola Sparrow

Type

Officers

Description

Appointment of Mrs Nicola Sparrow as a director on 17/07/2019

Filing Date

10/09/2019

Action Date

17/07/2019

Termination of appointment of Larry Jay Henry

Type

Officers

Description

Termination of appointment of Larry Jay Henry as a director on 17/07/2019

Filing Date

29/08/2019

Action Date

17/07/2019

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2018

Filing Date

01/05/2019

Action Date

31/12/2018

Confirmation Statment

Type

Confirmation Statement

Description

Confirmation statement made on 23/04/2019 with updates

Filing Date

23/04/2019

Action Date

23/04/2019

Termination of appointment of Christopher James Lavery

Type

Officers

Description

Termination of appointment of Christopher James Lavery as a director on 16/10/2018

Filing Date

12/12/2018

Action Date

16/10/2018

Appointment of Mr Peter John Meffan

Type

Officers

Description

Appointment of Mr Peter John Meffan as a director on 16/10/2018

Filing Date

12/12/2018

Action Date

16/10/2018

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2017

Filing Date

31/05/2018

Action Date

31/12/2017

Confirmation Statment

Type

Confirmation Statement

Description

Confirmation statement made on 19/04/2018 with updates

Filing Date

19/04/2018

Action Date

19/04/2018

Director Details Changed for Larry Jay Henry

Type

Officers

Description

Directors details changed for Larry Jay Henry on 07/08/2017

Filing Date

08/08/2017

Action Date

07/08/2017

Director Details Changed for Larry Jay Henry

Type

Officers

Description

Directors details changed for Larry Jay Henry on 07/08/2017

Filing Date

08/08/2017

Action Date

07/08/2017

Appointment of Mr Victor Ensenat Coe

Type

Officers

Description

Appointment of Mr Victor Ensenat Coe as a director on 12/06/2017

Filing Date

28/06/2017

Action Date

12/06/2017

Termination of appointment of Joaquin Schjaer Rosales

Type

Officers

Description

Termination of appointment of Joaquin Schjaer Rosales as a director on 12/06/2017

Filing Date

26/06/2017

Action Date

12/06/2017

Termination of appointment of Carlos Francisco Del Rio Carcano

Type

Officers

Description

Termination of appointment of Carlos Francisco Del Rio Carcano as a director on 12/06/2017

Filing Date

26/06/2017

Action Date

12/06/2017

Appointment of Mr Javier Carol Vilarasau

Type

Officers

Description

Appointment of Mr Javier Carol Vilarasau as a director on 12/06/2017

Filing Date

26/06/2017

Action Date

12/06/2017

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2016

Filing Date

05/05/2017

Action Date

31/12/2016

Confirmation Statment

Type

Confirmation Statement

Description

Confirmation statement made on 08/04/2017 with updates

Filing Date

11/04/2017

Action Date

08/04/2017

Appointment of Mr Christopher Lavery

Type

Officers

Description

Appointment of Mr Christopher Lavery as a director on 18/01/2017

Filing Date

21/03/2017

Action Date

18/01/2017

Appointment of Mr Matthew James Edwards

Type

Officers

Description

Appointment of Mr Matthew James Edwards as a director on 16/01/2017

Filing Date

17/01/2017

Action Date

16/01/2017

Termination of appointment of Celine Marie Maronne

Type

Officers

Description

Termination of appointment of Celine Marie Maronne as a director on 16/01/2017

Filing Date

17/01/2017

Action Date

16/01/2017

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2015

Filing Date

30/06/2016

Action Date

31/12/2015

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2016 with full list of shareholders

Filing Date

18/04/2016

Action Date

08/04/2016

Address Change

Type

Address

Description

Registered office address changed from C/O Dundas & Wilson Northwest Wing Bush House Aldwych London WC2B 4EZ to Cannon Place 78 Cannon Street London EC4N 6AF on 01/07/2015

Filing Date

01/07/2015

Action Date

01/07/2015

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2014

Filing Date

30/05/2015

Action Date

31/12/2014

Director Details Changed for Mr David William Bowler

Type

Officers

Description

Directors details changed for Mr David William Bowler on 18/05/2015

Filing Date

18/05/2015

Action Date

18/05/2015

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2015 with full list of shareholders

Filing Date

11/05/2015

Action Date

08/04/2015

Appointment of Mr Joaquin Schjaer Rosales

Type

Officers

Description

Appointment of Mr Joaquin Schjaer Rosales as a director on 22/04/2015

Filing Date

01/05/2015

Action Date

22/04/2015

Termination of appointment of Mary Annabel Gatehouse

Type

Officers

Description

Termination of appointment of Mary Annabel Gatehouse as a director on 22/04/2015

Filing Date

01/05/2015

Action Date

22/04/2015

Termination of appointment of Rebekah Arlene Barrientos

Type

Officers

Description

Termination of appointment of Rebekah Arlene Barrientos as a director on 24/06/2014

Filing Date

18/07/2014

Action Date

24/06/2014

Appointment of Miss Celine Marie Maronne

Type

Officers

Description

Appointment of Miss Celine Marie Maronne as a director on 24/06/2014

Filing Date

18/07/2014

Action Date

24/06/2014

Termination of appointment of Benedict James Wynne-Simmons

Type

Officers

Description

Termination of appointment of Benedict James Wynne-Simmons as a director on 24/06/2014

Filing Date

18/07/2014

Action Date

24/06/2014

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2013

Filing Date

23/06/2014

Action Date

31/12/2013

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2014 with full list of shareholders

Filing Date

06/05/2014

Action Date

08/04/2014

Appointment of Mary Annabel Gatehouse

Type

Officers

Description

Appointment of Mary Annabel Gatehouse as a director

Filing Date

07/10/2013

Action Date

n/a

Appointment of Carlos Francisco Del Rio Carcano

Type

Officers

Description

Appointment of Carlos Francisco Del Rio Carcano as a director

Filing Date

07/10/2013

Action Date

n/a

Termination of appointment of Daniel Vilanova Abad

Type

Officers

Description

Termination of appointment of Daniel Vilanova Abad as a director

Filing Date

07/10/2013

Action Date

n/a

Termination of appointment of Jorge Graells Ferrandez

Type

Officers

Description

Termination of appointment of Jorge Graells Ferrandez as a director

Filing Date

07/10/2013

Action Date

n/a

Termination of appointment of Philip Smith

Type

Officers

Description

Termination of appointment of Philip Smith as a director

Filing Date

17/09/2013

Action Date

n/a

Appointment of Mr Lee Johnson

Type

Officers

Description

Appointment of Mr Lee Johnson as a director

Filing Date

17/09/2013

Action Date

n/a

Director Details Changed for Daniel Vilanova Abad

Type

Officers

Description

Directors details changed for Daniel Vilanova Abad on 30/04/2013

Filing Date

04/07/2013

Action Date

30/04/2013

Director Details Changed for Jorge Graells Ferrandez

Type

Officers

Description

Directors details changed for Jorge Graells Ferrandez on 30/04/2013

Filing Date

31/05/2013

Action Date

30/04/2013

Termination of appointment of Simon Usher

Type

Officers

Description

Termination of appointment of Simon Usher as a director

Filing Date

22/05/2013

Action Date

n/a

Appointment of Rebekah Arlene Barrientos

Type

Officers

Description

Appointment of Rebekah Arlene Barrientos as a director

Filing Date

22/05/2013

Action Date

n/a

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2012

Filing Date

21/05/2013

Action Date

31/12/2012

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2013 with full list of shareholders

Filing Date

25/04/2013

Action Date

08/04/2013

Secretary Details Changed for Infrastructure Managers Limited

Type

Officers

Description

Secretarys details changed for Infrastructure Managers Limited on 26/02/2013

Filing Date

26/02/2013

Action Date

26/02/2013

Address Change

Type

Address

Description

Registered office address changed from C/O Law Debenture Corporate Services Ltd Fifth Floor 100 Wood Street London EC2V 7EX on 04/09/2012

Filing Date

04/09/2012

Action Date

04/09/2012

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2011

Filing Date

22/06/2012

Action Date

31/12/2011

Termination of appointment of Andrew Matthews

Type

Officers

Description

Termination of appointment of Andrew Matthews as a director

Filing Date

02/05/2012

Action Date

n/a

Appointment of Benedict James Wynne-Simmons

Type

Officers

Description

Appointment of Benedict James Wynne-Simmons as a director

Filing Date

02/05/2012

Action Date

n/a

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2012 with full list of shareholders

Filing Date

20/04/2012

Action Date

08/04/2012

Director Details Changed for Simon Jeffrey Usher

Type

Officers

Description

Directors details changed for Simon Jeffrey Usher on 23/01/2012

Filing Date

23/01/2012

Action Date

23/01/2012

Accounts

Type

Accounts

Description

Full accounts made up to 31/12/2010

Filing Date

07/07/2011

Action Date

31/12/2010

Annual Return

Type

Annual Return

Description

Annual return made up to 08/04/2011 with full list of shareholders

Filing Date

03/05/2011

Action Date

08/04/2011

Network

Directors Risk

We analyse the performance of the directors of their previous businesses to allow you to decide if you want to increase, or should decrease, the volume of trading you should feel comfortable in electing to do.

Appointments

Listed below are any appointments within the last two years.

Age

39

Appointment Type

Director

Date Joined

31/10/2019

Director of Other Companies

Yes

Age

46

Appointment Type

Director

Date Joined

17/07/2019

Director of Other Companies

Yes

Financials

Please note the following conditions:

  1. Where the Company status is listed as Dormant, the Company accounts may not contain any relevant financial information for us to present to you. This will be the case if no chart is shown and the company has a Dormant status which can be found on the Summary tab.
  2. For any Company that has £10.2m or under in turnover, £5.1m of assets or less than 50 employees (two out of three required), these companies are only required to submit Balance Sheets on their annual accounts submission which will result in three charts being displayed for your convenience along with any/all Charges registered against the Company.
  3. For any Company that meets or exceeds two out of the three points above, audited accounts will be required for end of year submission. Where this point is met, we will also provide full P&L summaries and ratios along with Balance Sheet and Charges.
  4. For those Companies that have not yet filled their latest accounts, we will not provide information until such times as they do. This will result in data cutting off at the end of the previous financial year.

All charts are fully interactive, data can be selected in the EDIT menu or be selecting or deselecting key information within the legend by clicking the field on/off.

Balance Sheet Data

EDIT DATA

Year on Year % Variance

EDIT DATA

Financial Ratios

EDIT DATA

Charges

Status

outstanding

Date Created

08/02/1996

Date Resolved

n/a

Transaction Type

Deed of legal charge

Parties

The Secretary of State for Transport

Status

outstanding

Date Created

28/03/1996

Date Resolved

n/a

Transaction Type

Debenture ("RMS2")

Parties

Road Management Consolidated PLC

Director's Reports

Director’s Report 1

Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2006 Results and dividends
The profit for the year, after taxation, amounted to ?3,021,000 (2005 - ?3,482,000) The directors have recommended an ordinary dividend of ?1,500,0

READ MORE

People (Directors)

Qynn provides data and insight on all directors, officers and shareholders. Use the drop down below to choose which category you want to know more about. For more information on the directors, simply click their name to be taken to their profile page.

Filters

Date Joined

27/08/2013

Tenure

7 Yrs 9 Mths

Shareholding

n/a

Born

June 1970

Date Joined

16/01/2017

Tenure

4 Yrs 4 Mths

Shareholding

n/a

Born

February 1985

Date Joined

12/06/2017

Tenure

4 Yrs

Shareholding

n/a

Born

November 1974

Date Joined

16/10/2018

Tenure

2 Yrs 8 Mths

Shareholding

n/a

Born

January 1964

Date Joined

17/07/2019

Tenure

1 Yr 11 Mths

Shareholding

n/a

Born

September 1974

Date Joined

31/10/2019

Tenure

1 Yr 7 Mths

Shareholding

n/a

Born

October 1981

Active/Resigned

Directors Shareholding

Date Joined

31/12/2008

Tenure

12 Yrs 5 Mths

% Holding

Largest to Smallest

ROAD MANAGEMENT GROUP LIMITED

Age

Total Shareholding

9,660,001

% of Company Owned

100.0%

AMEC NOMINEES LIMITED

Age

Total Shareholding

1

% of Company Owned

0.0%

Breakdown of Resignation Types

Type

Director

Date Joined

17/05/1995

Tenure

Date Resigned

17/05/1995

Type

Director

Date Joined

11/04/1995

Tenure

1 Mth

Date Resigned

17/05/1995

Type

Secretary

Date Joined

11/04/1995

Tenure

1 Mth

Date Resigned

17/05/1995

Type

Director

Date Joined

25/02/2010

Tenure

10 Yrs 4 Mths

Date Resigned

20/07/2020

Type

Director

Date Joined

12/06/2017

Tenure

2 Yrs 3 Mths

Date Resigned

30/09/2019

Type

Director

Date Joined

23/10/2007

Tenure

11 Yrs 8 Mths

Date Resigned

17/07/2019

Type

Director

Date Joined

18/01/2017

Tenure

1 Yr 8 Mths

Date Resigned

16/10/2018

Type

Director

Date Joined

23/09/2013

Tenure

3 Yrs 8 Mths

Date Resigned

12/06/2017

Type

Director

Date Joined

22/04/2015

Tenure

2 Yrs 1 Mth

Date Resigned

12/06/2017

Type

Director

Date Joined

24/06/2014

Tenure

2 Yrs 6 Mths

Date Resigned

16/01/2017

Type

Director

Date Joined

23/09/2013

Tenure

1 Yr 6 Mths

Date Resigned

22/04/2015

Type

Director

Date Joined

26/04/2012

Tenure

2 Yrs 1 Mth

Date Resigned

24/06/2014

Type

Director

Date Joined

30/04/2013

Tenure

1 Yr 1 Mth

Date Resigned

24/06/2014

Type

Director

Date Joined

30/09/2008

Tenure

4 Yrs 11 Mths

Date Resigned

23/09/2013

Type

Director

Date Joined

24/11/2004

Tenure

8 Yrs 9 Mths

Date Resigned

23/09/2013

Type

Director

Date Joined

01/01/1999

Tenure

14 Yrs 7 Mths

Date Resigned

27/08/2013

Type

Director

Date Joined

26/01/2009

Tenure

4 Yrs 3 Mths

Date Resigned

30/04/2013

Type

Director

Date Joined

09/12/2009

Tenure

2 Yrs 4 Mths

Date Resigned

26/04/2012

Type

Director

Date Joined

19/03/2009

Tenure

11 Mths

Date Resigned

25/02/2010

Type

Director

Date Joined

30/01/1996

Tenure

13 Yrs 4 Mths

Date Resigned

26/06/2009

Type

Director

Date Joined

04/03/2008

Tenure

1 Yr 3 Mths

Date Resigned

19/06/2009

Type

Director

Date Joined

04/03/2008

Tenure

1 Yr

Date Resigned

19/03/2009

Type

Director

Date Joined

19/11/1996

Tenure

12 Yrs 2 Mths

Date Resigned

27/01/2009

Type

Director

Date Joined

01/04/1996

Tenure

12 Yrs 9 Mths

Date Resigned

31/12/2008

Type

Director

Date Joined

24/11/2004

Tenure

3 Yrs 10 Mths

Date Resigned

30/09/2008

Type

Director

Date Joined

23/11/2006

Tenure

1 Yr 3 Mths

Date Resigned

06/03/2008

Type

Director

Date Joined

25/09/2002

Tenure

5 Yrs 5 Mths

Date Resigned

06/03/2008

Type

Director

Date Joined

01/07/2006

Tenure

1 Yr 7 Mths

Date Resigned

31/01/2008

Type

Director

Date Joined

16/07/2007

Tenure

6 Mths

Date Resigned

24/01/2008

Type

Director

Date Joined

30/03/2005

Tenure

2 Yrs 3 Mths

Date Resigned

23/07/2007

Type

Director

Date Joined

24/09/2003

Tenure

3 Yrs 9 Mths

Date Resigned

16/07/2007

Type

Director

Date Joined

30/10/2002

Tenure

3 Yrs 10 Mths

Date Resigned

05/09/2006

Type

Director

Date Joined

30/06/2001

Tenure

5 Yrs

Date Resigned

01/07/2006

Type

Director

Date Joined

24/09/2003

Tenure

2 Yrs 7 Mths

Date Resigned

28/04/2006

Type

Director

Date Joined

05/07/2004

Tenure

8 Mths

Date Resigned

30/03/2005

Type

Director

Date Joined

28/08/2002

Tenure

2 Yrs 2 Mths

Date Resigned

24/11/2004

Type

Director

Date Joined

25/09/2002

Tenure

2 Yrs 1 Mth

Date Resigned

24/11/2004

Type

Director

Date Joined

23/07/2003

Tenure

11 Mths

Date Resigned

05/07/2004

Type

Director

Date Joined

25/09/2002

Tenure

1 Yr

Date Resigned

29/09/2003

Type

Director

Date Joined

30/01/1996

Tenure

7 Yrs 7 Mths

Date Resigned

24/09/2003

Type

Director

Date Joined

09/06/1999

Tenure

3 Yrs 2 Mths

Date Resigned

28/08/2002

Type

Director

Date Joined

17/05/1995

Tenure

6 Yrs 3 Mths

Date Resigned

29/08/2001

Type

Director

Date Joined

21/07/1998

Tenure

10 Mths

Date Resigned

08/06/1999

Type

Director

Date Joined

01/04/1996

Tenure

3 Yrs 1 Mth

Date Resigned

24/05/1999

Type

Director

Date Joined

30/01/1996

Tenure

2 Yrs 4 Mths

Date Resigned

24/06/1998

Type

Director

Date Joined

28/04/1997

Tenure

1 Yr

Date Resigned

27/05/1998

Type

Director

Date Joined

16/12/1996

Tenure

4 Mths

Date Resigned

28/04/1997

Type

Director

Date Joined

17/05/1995

Tenure

1 Yr 7 Mths

Date Resigned

16/12/1996

Type

Director

Date Joined

17/05/1995

Tenure

1 Yr 6 Mths

Date Resigned

19/11/1996

Type

Director

Date Joined

17/05/1995

Tenure

8 Mths

Date Resigned

30/01/1996

Type

Director

Date Joined

17/05/1995

Tenure

Date Resigned

17/05/1995

Type

Secretary

Date Joined

30/01/1996

Tenure

12 Yrs 11 Mths

Date Resigned

31/12/2008

Type

Secretary

Date Joined

17/05/1995

Tenure

8 Mths

Date Resigned

30/01/1996

Road Management Group Limited

Type of Entity

Corporate Entity

Ceased

n/a

Notified

06/04/2016

Control Level

Ownership of shares – 75% or more
Ownership of voting rights - 75% or more
Right to appoint and remove directors