Recent content by james2004

  1. J

    Acquiring a small company

    Low is the answer!. Interesting you state "warranties in place" what do these look like? Im heading to my accountants and solicitors but like to know before i go to far in this. Thanks
  2. J

    Acquiring a small company

    not as i would expect with NI etc, and some of the accounts don't make sense. I'm heading to DD next as i said its very early stage, but not acquired before so did want to know, as you said if I do indeed "carry the can" Thanks for your help
  3. J

    Acquiring a small company

    Hi I am considering acquiring a small company, this would be acquired by my business. Ive done no due diligence yet (early stages) but the company I am considering has no inherent value as it has no assets so its costing me a pound, I am acquiring contracts and knowledge. However I am...
  4. J

    Office owned by company - what to do

    My Ltd company owns an office building which was bought by the business 10 years ago in a bankruptcy fire sale. Its down as an asset and is all paid for. My question is, how do I, or can I, get the building out of the company? Its a high worth building and my pension as sole Director and...
  5. J

    Leasehold query - lease being sold on

    and the term headlease has come it to it recently, that's new to me so ill have to have a look back at the details i have
  6. J

    Leasehold query - lease being sold on

    The current owner of the freehold has actually put their hands up and said it was sold incorrectly, but that was the first time it was sold on.... thanks for everything so far i think its more complicated than i thought as i thought it would be mighty!!
  7. J

    Leasehold query - lease being sold on

    I have just found out that its been sold four times since I owned the property, i am one of 34 leaseholders. All single home private residencies yes as above
  8. J

    Leasehold query - lease being sold on

    BTW the reason i ask is that if the lease was sold incorrectly i want to know how and if I can buy this personally and how to set that up as a business holding the lease for the entire property?
  9. J

    Leasehold query - lease being sold on

    I live in an leasehold apartment in a small development. I have recently been told that the lease for the entire development has been sold incorrectly. I have since been told that the lease has been sold a number of times, ive owned the property since build and no one has told me so. it turns...
  10. J

    Stolen Google reviews

    not really, ill have a look
  11. J

    Stolen Google reviews

    the reviews are on each page on the site, they are still on our profile. Ive not spoken to her as i dont know my rights yet
  12. J

    Stolen Google reviews

    Hi, an ex employee has started a website and taken legitimate google reviews she had whilst with us and put them on her own website representing them as given to her firm. They are from 2-3 years ago and she started his firm 6 months ago. Can she do this legally. The reviews are from client and...
  13. J

    MVL & company property asset

    I am thinking of voluntarily closing my business as I wish to retire. I have few creditors and a large debtors book and retained profits. I also have a large commercial property within the company as an asset. What can I do with the property if I do close the company?
  14. J

    Reducing employee hours

    The employee is happy in the job and isn't looking for a new role, he has told us that. But for personal reasons wants to reduce hours, but even if i agree to reduce to what they want i just don't want to get caught out regardless of 20/or 26 whatever. I presume they need to apply for reduced...
  15. J

    Reducing employee hours

    Hi We have a part-time IT employee who works 30 hours, as we have had a new IT system we really don't need that many hours, he has requested to reduce to 26 hours anyway, but we only really need 18-20 hours. He has been with the business for 5 years and I'm unsure if I state we only need 20...