Recent content by Kiran123

  1. K

    Thinking about doing the legals myself!

    Agreed. Going to do just that! Thx!!
  2. K

    Thinking about doing the legals myself!

    Hello I am currently in the process of buying a ltd. comp. The purchase comprises of the below components only. 100% shares purchase. Signatory of bank account held in company name. Clients database. Self-employed employee details. A few telephone line. There are NO assets, employees...
  3. K

    Question- Raising finance

    Hi There I would to ask if anyone had any ideas on the likelyhood of me securing finance on the below.. Corporate Chauffeur car company Year end June 2008, T/O. 650k, GP. 175k Figures are down a little since the Credit cround but still look strong. The Ltd. company has a 22year track...
  4. K

    Finance

    I know it sounds obvious but have you checked your credit file? I too was a little silly with money with I was younger, 21ish now 34! Anyway although i paid all of my outstanding debts off a long time ago there is no record of it on my file anymore.. :-) Cheers Kiran
  5. K

    question re: buying a business with a new ltd. comp

    Thanks guys.. So... it looks like I buy the existing company including bank account.. or...I create new comp. and bank account but then have to tell the client base the new bank account details. :-(
  6. K

    question re: buying a business with a new ltd. comp

    Hello I am trying to buy an exisiting business but do not want to buy 100% of the shares. I am trying to buy the goodwill and asset through a new ltd. company.. BUT.... If I do this can I take ownership of the existing HSBC Bank account? The reason for this is so that I do not have to...
  7. K

    Thinking of buying a small general haulage company

    I hear yah! It's funny you say as these people have mentioned the 'books' may tell a different story to the actual invoices etc...:|
  8. K

    Thinking of buying a small general haulage company

    Thanks for all your advice here guys and gals! You have give me lots more to think about.. Cheers and I will keep you updated with my progress.
  9. K

    Hey Jim i can see you are a specialist in this field and was hoping to pick your brains a...

    Hey Jim i can see you are a specialist in this field and was hoping to pick your brains a little more and indeed see what services of your may be of use to me.. how cna I get a hold of you?
  10. K

    Thinking of buying a small general haulage company

    Infact I understand that moving booze makes up 40% of this companies revenues!!! Maybe this is a good things seeing as people will continue to drown their sorrows more than ever now!!! ;-) It's like I see on TV, all these soaps are based around a pub!!! Everyone is broke but they always...
  11. K

    Thinking of buying a small general haulage company

    These posts are getting better and better!!! I never thought of that!! I will def. get a list of the clients that are dealing with this business and try to understand how there are positioned to deal with the downturn in the economy and if indeed they will be able to see themselves through...
  12. K

    Thinking of buying a small general haulage company

    Every post I have read so far has had really good responses from people with very diverse backgrounds! Fantastic! Thanks again and I am glad to be a part of this forum.
  13. K

    Thinking of buying a small general haulage company

    Hey guys Thanks for your responses.. I agree too. I have already instructed a local organisation to go in and ask the correct questions etc etc..... They will then draw up a report with their thoughts, suggestions on how much it is worth etc..... It's quite expensive but as you say it...
  14. K

    Thinking of buying a small general haulage company

    Hello All New here and was hoping on getting some good advice. I have located what seems to be a profitable haulage company. Really keen to proceed with the purchase but am wondering what your thoughts were about this type of business. With the economy in a state and this industry...
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