Recent content by Chris0207

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    My company is going to run out of funds imminently. I need to some advice

    Business has decreased whilst costs have increased. A couple of shops I supplied have let me down with money owed too. I wish I could trade my way out but I'm the sole guardian for my daughter which means I'm restricted to only being able to work weekends. I don't know what I'm going to do.
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    My company is going to run out of funds imminently. I need to some advice

    Thank you for the response, I trade at markets and send others out with my product as well. When winter comes there are many cancellations because of weather and January is a complete shutdown, which seriously disrupt cashflow. I knew this was coming so I started supplying a few local shops...
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    My company is going to run out of funds imminently. I need to some advice

    Sorry, I should have been a bit clearer. After the bakery company has been paid and rent has been paid at the start of October there will about 1.5k left and the lease fee for th coffee machine will be due on the 15th October which take funds in the company account down to around £1200
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    My company is going to run out of funds imminently. I need to some advice

    Hi Lisa, thank you for replying Physical assets, not much at all. There's a few stainless steel chef tables and other low value cake decorating equipment and there's an old chest freezer and fridge. Total value of assets can't be more than 300 - 500 pounds. After I pay myself my salary this...
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    My company is going to run out of funds imminently. I need to some advice

    Thank you for replying. It's a limited company and I'm not a guarantor or either the shop or the coffee machine. It's solely in the company name
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    My company is going to run out of funds imminently. I need to some advice

    I'm looking for some assistance from people who know more about this than I do. My company is going to run out of money, and the company owes a small amount of debt. There is no money in the company to pay for liquidators or to continue paying the debts etc. There is around 7 thousand debt...
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    Can I procure stock with this strategy?

    Thanks for the reply - are there any worries around "impersonating a charity" how clearly do I need to make it that I'm a limited company? I.e. can I have it hidden away somewhere in small print as long as I don't actually say I'm a charity?
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    Can I procure stock with this strategy?

    Hi all, Looking for some advice if anyone can help. I own a small company selling books via Amazon and eBay. I currently collect the books by making deals with charity shops to buy books they’re not able to sell. I also buy books from individuals and house clearances etc My idea is to ask...
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