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Thank you Both; you’re right it is totally overwhelming and a huge shock.
The letter is from the insolvency company’s solicitor demanding reply within 28 days with a proposed payment plan.
Please be gentle I am very near to the edge.
Limited company went into insolvency November 2023.
Previous partner had mental breakdown 2020 and he was bought out for £40k My now ex husband ran the business pretty much single handedly although legally I was also a director.
Everything went...
We are a manufacturing SME and currently pay £££s pm to a faceless company to manage our website. Not impressed, difficult to communicate with, slow to react and not proactive.
Am wondering if a relative novice (ie me!) could take on managing the website? It's not needed for eCommerce, no sales...
A settlement agreement was agreed. Another example of inadequate people management by leadership. Should never have come to that and now rest of employees have £ signs in their eyes
Lots of orders but not enough profit (largely due to lazy, incompetent employees which DH refused to address), debts and money owed personally to us.
DH is expecting a huge order to be placed this week with decent profit margin which he thinks will be the answer to all our prayers. My opinion is...
Would also welcome thoughts on what is considered a reasonable cost of living Payrise? We are almost at our end of year anyway when pay is reviewed. One employee already had a 10% rise 6 months ago for reasons I can’t fathom and DH seems to have plucked another blanket 10% for everyone out of...
Thank you for giving a different perspective. I’m certainly no business expert but I do know enough to recognise when it’s not being run properly. It’s knowing how to get help he will accept