Recent content by mart321

  1. M

    Another BBL help thread. Business failed with debt to bank. Currently worried and unsure what to do

    Thanks Chris. You've put my mind at ease once again.
  2. M

    Another BBL help thread. Business failed with debt to bank. Currently worried and unsure what to do

    Hi all. Just wanted to update the thread on what's happening with my limited company since I made this thread. I took the advice, sent the template latter with some minor adjustments. I was then occasionally contacted by virgin money saying the debt was owed and how it could effect my credit...
  3. M

    Another BBL help thread. Business failed with debt to bank. Currently worried and unsure what to do

    Thanks so much for the reply. That template letter is almost identical to the one that my accountant sent me. I modified it slightly for my own business. I couldn't find a suitable address to post a letter, so I phoned the bank and explained I had some information which I needed to email them...
  4. M

    Another BBL help thread. Business failed with debt to bank. Currently worried and unsure what to do

    Thank you for the time and effort. That's put my mind at ease slightly. I have never had a director loan as far as I am aware. I had an accountant who would do me a yearly return, that's about it really. I definitely didn't just transfer the money out. It was spent gradually over a couple of...
  5. M

    Another BBL help thread. Business failed with debt to bank. Currently worried and unsure what to do

    Hi all, I was hoping for some advice on the situation I currently find myself in. I set up a business in 2016, offering bespoke fabrication services on site. I had a few successful years before COVID hit. I took out a BBL of £15000 to try and grow my business and help me through a difficult time...
  6. M

    making and selling a product with electronic elements. UK safety regs.

    Hi all. I have an etsy store, which has been on the go a couple of years. I enjoy the platform and am considering testing the water with some new items i am manufacturing, which i intend on eventually building a website for. I am manufacturing something using a CNC machine i have. The process...
  7. M

    China buying advice needed

    Hi, some great tips there. Thanks i will try incorporate some of this into my communications. I've had some quotes back this morning which are probably 1/3 less than prices advertising of Ali express and dhgate but still seem a bit high to me. The shipping is the big one. Is it worthwhile...
  8. M

    China buying advice needed

    thanks, yes i understand its my responsibility. I am wanting to buy from Alibaba which i know will be charging VAT on all purchases anyway. I would like to avoid using these unknown middlemen from aliexpress etc and DHgate. I need to understand how negotiating works on this platfrom i think...
  9. M

    China buying advice needed

    With the VAT. I originally just purchased from a seller and that is how they arrived, i wasnt trying to avoid any tax. The items just came packed into individual packages via Royal Mail. I think 30 parcels arrived at my door. I then bought from another seller and they arrived in one large...
  10. M

    China buying advice needed

    Hi all, i have been buying supplies for two businesses i am running with my wife, in the UK. She has an etsy store and buys crafting supplies from aliexpress dhgate etc. I have an online store designing and making items with leds. I source my stock from alibaba. I generally put buying...
See more
Top Bottom
Community
Articles
Menu