Recent content by cica

  1. C

    Domain name "sold" before liquidation

    Thanks, I actually said I was taking your advice earlier in the thread. The rest has been about disproving your statements.
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    Domain name "sold" before liquidation

    Liquidators can (not necessarily often exercised) have retrospective powers if you look at the law. I'm not trying to pin anything on the director or anything. If you go back to my original question you'll see it's a general inquiry about a specific situation. Some have given different...
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    Domain name "sold" before liquidation

    Best interests of the creditors when in liquidation actually. Of course it can be valued. Just one method off the top of my head: sedo.com is a domain auction. That's just one way, another would be to entertain people that contact them like me and see what value I attribute to it. In this...
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    Domain name "sold" before liquidation

    I think that you're probably right, that this is what they have done. I can just about imagine this not being 100% watertight though (not that it probably matters in this case). If the domain name is a trademark of the company then the liquidators could reclaim ownership. I've seen it happen...
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    Domain name "sold" before liquidation

    Good question, not sure. I can definitely understand that but I didn't know it was such purposeful common practice. Is this absolutely watertight legally? Seems like a nice loophole in limited liability Internet companies as the domain name is often a substantial part of the business...
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    Domain name "sold" before liquidation

    Value is usually accurately obtained in a market i.e. what someone is willing to pay, as you said above. Indeed this is a liquidator's job, to arrange the market. Limited companies are answerable to their creditors as is practiced in liquidation. Perhaps it was sold for £50,000 and creditors...
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    Domain name "sold" before liquidation

    Absolutely nothing directly although, as I understand it, those with unpaid debts are interested in the market for assets to recoup losses. Nothing personally although the public are specifically informed of this process. No idea which is really what my question was about. I'm not so sure...
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    Purchase on Credit

    Take a gradual approach. Rank your customers by risk, offer them increasing credit and payment days terms. Start it off small and get a feel for it.
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    Domain name "sold" before liquidation

    Hi all :), I will be seeking legal advice next week but I would appreciate if anyone had any comments/thoughts on this situation in general. These situations are often complex so it surely makes more sense to give a general overview of the situation and see if there are any general...
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    Offline Postcode Lookup Search

    Hi max, I too am intrigued how you did this. some sort of scraping? Otherwise you can use this free service http://www.tabcat.co.uk which puts no restrictions on use.
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    What to do with my business?

    People have already been interested elsewhere now so I guess my query as to where I could go has been answered somewhat. I'm still an "asset" to the company being a development/marketing guy. I've already had my mum helping out but there are problems with that. The main problem is the...
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    What to do with my business?

    Now we're talking! If these are the concerns that potential partners would have then that's great because that's why I asked the question. Previously I was getting accused of crime! You wouldn't get 50% of nothing. You'd get 50% of stock. 50% of a company that I would "sell" to you as a good...
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    What to do with my business?

    Seems like genuine feedback so thank you. Elsewhere when asking around I have now had some interest but of course the devil is in the detail. I am looking for genuine advice from business people like you (guess) so I take it on board.
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    What to do with my business?

    Hi Sam, I don't claim it's some amazing business "just" a viable profitable one improving on what some companies already do. I thought long and hard about going back to work. I've got plenty of savings but the job offer I got was too good to refuse even though I had my own company. I am...
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    What to do with my business?

    The new shareholders get me too. My evening and weekend time doing development+marketing. I could even help out with their own company.
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