Worker Co‑operative Company Limited by Shares

Suitable for a co-operative owned and controlled by its employees.

Model key features:

  • Governing Act - Companies Act 2006
  • Members may hold more than one share in the co-operative, but voting is limited to one member, one vote
  • Board composition - may be governed collectively by all the members or via an elected board
  • Options to include a common ownership or co-ownership dissolution provision

Those intending to incorporate this model should contact Co-operatives UK's advice team before doing so to ensure the share structure and treatment of shares best fit the needs of your co-operative.

Download the model here.