court order

[Scoobbs]

A friend and i started a joinery labour only company We lasted 18 months The deal was i worked on site and he did any admin and worked when he was free So he was in charge of the account as TIDE only want one person to use the account
I gave him 8 months notice { accountant advised me to stay until our books went in }
I want to see our account transactions but TIDE will not let me see them and have advised me to get a court order
do i have to get a solicitor
my ex partner will not answer any emails etc

 

[Lisa Thomas]

I assume it was a Limited Company? Were you a director of this company?

 

[Scoobbs]

I assume it was a Limited Company? Were you a director of this company?

Yes ltd company and I was a director 50%

 

[DoolallyTap]

You must know how many jobs you finished and have a reasonable idea of the total income, you probably took a salary and some other expenses so you can possibly work out what may be left in the account, depending on what that may be, if anything, is it worth your while paying for a court order.

 

[Newchodge]

A friend and i started a joinery labour only company We lasted 18 months The deal was i worked on site and he did any admin and worked when he was free So he was in charge of the account as TIDE only want one person to use the account
I gave him 8 months notice { accountant advised me to stay until our books went in }
I want to see our account transactions but TIDE will not let me see them and have advised me to get a court order
do i have to get a solicitor
my ex partner will not answer any emails etc

Ask the company accountant to show you the books?

 

[Lisa Thomas]

Yes ltd company and I was a director 50%

I'm not sure what you mean by 50% director.

Do you mean there are two directors and you are one of them?

Or are you perhaps referring to your position as a shareholder, which is completely different to your directorship?

 

[Lisa Thomas]

If you are a director you can ask the bank for access to the company's banking.

 

[Newchodge]

I use Starling Bank for our 2-shareholder, 2-director ltd company account, I assume that Tide operates in a similar way. On setting up I had to give full details of both shareholders/directors. Then I personally had to set up to use the debit card and access the account online. The other director/shareholder had to do the same.

Presumably your ex friend set up his access to the account but 'forgot' to get you to do the same. I suggest first check with Tide whether your name appears anywhere on the account details.

 

[Scoobbs]

I'm not sure what you mean by 50% director.

Do you mean there are two directors and you are one of them?

Or are you perhaps referring to your position as a shareholder, which is completely different to your directorship?

Yes me and him were directors

 

[Lisa Thomas]

Are you still a director now?

 

[Ozzy]

Presumably your ex friend set up his access to the account but 'forgot' to get you to do the same. I suggest first check with Tide whether your name appears anywhere on the account details.

Tide isn't a 'normal bank account' and don't work by the same rules. They're more of a tech company and their tech only allows one person to be able to access the service.

 

[Newchodge]

Tide isn't a 'normal bank account' and don't work by the same rules. They're more of a tech company and their tech only allows one person to be able to access the service.

Yet it adverises itself as suitable for ltd companies and businesses? Mad.

 

[Scoobbs]

Are you still a director now?

Yes still a director but the company officially closed today company house

 

[Lisa Thomas]

Potentially academic now then. What did you want to see the accounts for?

 

[Scoobbs]

Potentially academic now then. What did you want to see the accounts for?

just to see there was nothing weird going on

 

[Scoobbs]

If you are a director you can ask the bank for access to the company's banking.

its TIDE and only one person can access account I should have been able to view account but my fault didnt set it up and i wanted away

 

[Scoobbs]

You must know how many jobs you finished and have a reasonable idea of the total income, you probably took a salary and some other expenses so you can possibly work out what may be left in the account, depending on what that may be, if anything, is it worth your while paying for a court order.

i know how many jobs that were finished on the site i was running but we had another site and my partner was doing work for a designer so who knows

 

[Karimbo]

I use these challenger banks for an add on bank for features. I use revolut to send international payments to suppliers in china at spot rates +£5.

I use mettle for the free access to freeagent.

I just set up a tide to get a switching bonus.

But I always have my main bank as a high street bank. I want someone with a high street presence and the ability to be pay in cash if I ever need it. I dont know how someone would just have a monzo and that it, confident that they will never need to pay cash in.

Some people just rely entirely on apple pay. So many people dont carry card or cash just have everything on a phone. I've seen too many cases of issues - some many times the contactless just doesnt work on the phone and the user has to mess about in the apps to get it to work. One time I saw a petrol forecourt with contactless that went down. A lady was trying to get her contactless to work at a petrol station - if it doesnt work she's stranded.

 

[DontAsk]

I dont know how someone would just have a monzo and that it, confident that they will never need to pay cash in.

Pay into your personal account and make a transfer. Easy!

 

[ethical PR]

Yes still a director but the company officially closed today company house

What did your solicitor say?

 

[MikeJ]

Hopefully he's had a reply in the last six months....