Recent content by NKUK

  1. N

    Is it necessary to file accounts, confirmation statement and verify ID for a business that is in the process of being dissolved and struck off?

    I have 2 UK limited companies. One was just a holding business for investments, the other is related to music/performing/recording. I've filed accounts and done confirmation statements for both in the past. I dissolved the holding company on 31st October and applied to strike it off the...
  2. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    I'm pretty sure it's against the rules of this forum to hurl around insults, take threads off on tangents and to promote your own business links here. I looked at this guy's advice - it was an absolute joke, and he's a business broker, so enough said. He has an agenda to push which is not true...
  3. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    Actually sod it - I've already reported you to the mods, so we'll see how they deal with you from here. I have no patience for posters like you.
  4. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    Stop hijacking my thread, taking it off on tangents that are nothing to do with my original question, and posting links to promote yourself and your agenda. Stop throwing personal insults around too. Either answer the original question, or don't reply. I'm going to give you one warning, and...
  5. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    I disagree with everything in that guide, and disagree with the whole premise of it and the associated website. It's not relevant to me or this thread, so don't promote that here.
  6. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    You could call it 'Initial vetting of target' or 'Early due diligence' - that's just semantics. 90 days is the generally accepted and most common period of exclusivity for a Heads of Terms. It can be longer or shorter in some cases depending on what the buyer and seller negotiate, but most of...
  7. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    Absolutely NOT!!! You don't need to bring in your lawyer or accountant before signing Heads of Terms!!!! Doing so is incredibly inefficient and costly, especially if you look at a large number of deals each week or month, since not every deal you look at will end up closing. So if you were to...
  8. N

    How to calculate if a business can afford loan repayments taken on for a business acquisition?

    A question related to buying a business. If part of the business acquisition involves taking on some sort of loan/debt, e.g. asset based lending, seller finance (deferred consideration) etc or a combination of these, how do you calculate if the business can afford to pay the loan repayments? Is...
See more
Top Bottom
Community
Articles
Menu