Recent Posts

Forum Questions

Recent Posts

Request an Audit

The Resolver
The Valiant, I agree shareholders are entitled to see the annual accounts but I was referring to the “full financial records” that the OP can be denied once no longer a director. The former is just a limited aggregated record of financial transactions that are several months, and up to around two years, old . The latter are the lists of individual transactions and aggregated records of them such as bank statements and management accounts that can be right up to date. The latter is much more useful in negotiations.

As to the auditor , his refusal does not excuse in law the failure on the part of the director to have one conducted. He would simply ask any other auditor. The heavy action he took in response to a request to see the books, suggests he has something to hide and thus the demand itself for the audit may help negotiations.

I agree with The Valiant’s comment as to the experience of the forensic accountant.
Click to expand...
Upvote 0

Advice required on 50 50 shareholder

As noted above - is there a shareholders' agreement? Also check the articles of the company.

Note that as a director you have duties to all shareholders so be careful trying any sharp strategies which might benefit you and not the other shareholder.

Also, (and subject to the above) you could stop paying divs and potentially pay yourself a salary as director/employee although note potential need for shareholder approval.
Click to expand...
Upvote 0

How to leave a Limited Partnership

M
gprovan said:
We're still going at the moment, but have been hobbling along for a few years.
I haven't spoken to him yet. Firstly because I don't know what I'm going to do, and secondly because it's extremely difficult to talk to him.

I would say that the ball would be mostly in his court. I'm happy if necessary to walk away, but if he wants to keep the business running, he'll have to decide what he wants.
Click to expand...

Debts and leases the company has will belong to the company.
The company is a separate legal entity from its owners.

Though if anything has a personal guarantee from you then it can be difficult to get out of that.
Click to expand...
Upvote 0

Returns: 14 days cancellation question/refunding postage

kulture
Just need to point out that in the law there is NO obligation for the retailer to pay the return costs for a simple return. The retailer should pay reasonable return costs if the goods are faulty and you are thus rejecting them. Otherwise on a simple return the obligation to pay the return post normally falls on the customer. Some retailers are more generous and offer to pay the return postage. Some have procedures that they ask you to follow in order to qualify.

In all cases the retailer is obliged to refund you what you paid for the goods IN FULL and for what they charged you for delivery (assuming you just went for their standard delivery). You are not obligated to jump through complicated hoops etc to cancel an order, simply returning it within 14 days should suffice, although I would sympathise with a retailer who took a bit longer to process the return if you did not follow sensible procedures.

From your original post it is not clear to me if you are the retailer or the customer. It is also not clear if the customer is a consumer or if this is a business to business transaction. What I have written applies to consumer transactions.
Click to expand...
Upvote 0

How to choose a plugin to create a calculator?

vnxmmz
It is necessary to calculate the cost of goods taking into account various parameters: weight, color, characteristics, and the like. Probably the total cost of such a calculator for individual development will be very high.

Yes, there are many different tools for creating an online calculator, but they are extremely difficult to use if you do not own the code and programming.
Searches in the search eventually chose several plugins and online services:
  • Calculated Fields Form
  • uCalc
  • Woo Price Calculator
  • WpCalc
  • jsCalc
Perhaps one of these tools will work, but it will be clear as soon as I try to create an online calculator on it and test the possibilities. Maybe someone else knows similar paid and free tools?
Click to expand...
Upvote 0

Getting my share

Bership said:
I found a way to improve a process that can save my employer £20k - 30k a year. I know that I won’t hear even ‘thank you’ for this. I know that because I saved them money in the past and received no reaction whatsoever. That is one of the reasons I have handed 3-month notice.
Click to expand...
Were I the employer in question, I would very much want to hear about savings that we could make and if these suggestions were to be implemented, a 'Thank You' would be in order!

That said - employees tend to over-rate the value of suggestions that they might make and not understand or know all the factors involved.
Click to expand...
Upvote 0
Load more

Filter

Join UK Business Forums for free business advice
Top Bottom
Community
Articles
Menu