Recent content by Lee Green

  1. Lee Green

    preferred payment insolvency

    Feel free to give me a call
  2. Lee Green

    What to do with land from a dissolved property company?

    It is highly unlikely that the TS will have disclaimed the property, especially since it was only dissolved in August last year. The TS don't actively deal with property of disclaimed companies. Something only tends to get looked at once someone approaches them about it.
  3. Lee Green

    What to do with land from a dissolved property company?

    The land which was owned by the now dissolved company is now "bona vacantia", which essentially translates as ownerless property. As such the ownership of the land has passed to the crown, and falls under the control of the treasury solicitor. Your options: Reinstate the existing company via...
  4. Lee Green

    Winding up a limited company

    I had also noticed use of the word loan and was going to make a point about it. But, i think it was clear he had in fact sold them to the company and hence the director loan balance.
  5. Lee Green

    Winding up a limited company

    A strike off is not intended for insolvent companies. However, you mention that the only creditor is you as the director. In your circumstance I would say you can go ahead and do a strike off. But, I caveat that with the following observation: You need to establish whether the sale of assets...
  6. Lee Green

    Liquidate a company.

    For the avoidance of doubt I am an insolvency practitioner. Others on this site also are. We are willing and able to assist.
  7. Lee Green

    Liquidate a company.

    My recommendation would be to call an insolvency practitioner and have a proper discussion about the affairs and get all of the options laid out for you. This should be free and confidential. Then you can make an informed decision about the best way forward. Lee
  8. Lee Green

    Struggling to pay back a LTD company tax bill

    HMRC can't block you from putting the company into Liquidation. They can seek to appoint a different Liquidator, if they don't like your choice of Liquidator though.
  9. Lee Green

    Struggling to pay back a LTD company tax bill

    As the other poster mentioned, clearly an understanding of the numbers might be helpful. When we deal with matters like this, or collection of director loan accounts, we always have to be mindful of the directors personal financial circumstances and ability to repay. More often than not, we...
  10. Lee Green

    Struggling to pay back a LTD company tax bill

    Hi, you've done the right thing in reaching out for advice. As regards the strike off process, i'm going to suggest that is a non starter. HMRC will undoubtedly object to any strike off application. Your better bet, if you wish to draw things to a formal conclusion would be to place the...
  11. Lee Green

    Spongebob Plan with corporation tax and director's loan account

    My view is that you should not be applying to do a strike off since you know the company has assets and liabilities. A strike off is not intended for companies in this position. Your duty as a director is to act in the interest of creditors. Striking the company off hoping you avoid the DLA is...
  12. Lee Green

    Strike off objection

    https://www.gov.uk/object-to-a-limited-company-being-struck-off/after-you-object I rather suspect Companies House are just a bit slow.. That's not unusual for a government entity.
  13. Lee Green

    Provisional liquidators appointed to two connected corporate rescue companies

    the people who act as directors are just a front. So they wont start acting as shadow directors. The people behind the scenes will just find another stooge to take another 100 appointments.
  14. Lee Green

    Provisional liquidators appointed to two connected corporate rescue companies

    about £10k.. from ones i've been involved with.
  15. Lee Green

    Provisional liquidators appointed to two connected corporate rescue companies

    Maybe about time this forum stops promoting the "spongebob" process, which isnt too dissimilar to what these entities were essentially trying to do. Clearly a strike off is appropriate for certain circumstances. But i wouldn't be surprised if many of those looking at this forum have overdrawn...
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