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At one point I told the landlord that we were going to apply to become a nonprofit company so we could get rate relief and they said they would need me to sign a personal guarantee if that went ahead... so apart from the solicitors assurance I would say that would indicate that I didn't have any...
This is where I'm lost. I informed hmrc we no longer had employees, told the landlord we were leaving and moved it. The company has no assets and couldn't afford a liquidator anyway. Companies house filed a strike off notice in June to which someone has objected today. I'm lost as to what to do...
I didn't personally guarantee the lease, it's in the limited company name. I told the landlord back in march that I could afford the rent and rates (which are based on the rental value). They refused a reduction but didn't push for us to leave. No rent was paid since then but I think they were...
So the 'other employee' is my partner/boyfriend so he was well aware of the circumstances. Because I have 4 kids the hours I was able to work were very limited so some weeks he was working 90hours knowing that we weren't making enough for me to pay him. As it started to look irretrievable and he...
Hi, I've just joined the forum looking for some advice after over a year of sleepless nights!
Sept 2015 i bought £100k in 50% shares and ownership in what I thought was a profitable gym set up as a limited company. By December the other owner told me the company was in trouble and he was trying...