Recent content by AlyCat

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    Closing a limited company in debt with no funds or assets

    Thanks for that. So I guess our first step would be to decide not to trade anymore. Which would been closing down our selling platforms. What if we just wait for the BBL to default? What will the bank do then when we tell them it cannot be paid anymore? Would they then force us to start the...
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    Closing a limited company in debt with no funds or assets

    Hello All, Pardon my jumping on this thread but cam a across while searching on ways to close our company down and this seems to fit the bill. We are a small eCommerce Limited Company that is now about to default on our BBL as it can't pay it anymore. We have stopped buying stock cos we can't...
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