What is a designated member?
LLP’s must have a minimum of two designated members at all times. Designated members enjoy the same rights as any other member, however they are also laden with additional responsibility and legal duties.
The designated members are responsible for:
Submitting a confirmation a statement to Companies House
Notifying Companies House of any changes within the LLP
Maintaining accounting records
Submitting accounts to Companies House
Appointing an auditor if necessary