Recent content by Pezza832

  1. Pezza832

    Partnership or Employment?

    Hi guys! I've had a business for five years but threw all my eggs into one basket three years ago where the money was good but the company that gave me all that work recently folded! So, with my wife's three year old business having a turnover of over £70k I am joining forces with her to push...
  2. Pezza832

    Help required organising a business

    Thanks guys. Yeah, she has help with the editing and videography on occasions due to the sheer volume that she's had to do over the past 18 months or so. I like the sound of a CRM and have just been researching that. So I assume that's similar to a 'virtual assistant'? That's my next...
  3. Pezza832

    Help required organising a business

    Hi all. Business Organising Business required! My partner runs a wedding videography business. On the outside the company excels - it's award-winning, makes beautiful videos, make a great profit and have new enquiries on a daily basis. Perfect. However, behind the scenes my girlfriend is...
  4. Pezza832

    Limited Company

    I have a business bank account but I guess will start it from zero when I start trading and will go about it from there. I think an accountant is a must!
  5. Pezza832

    Limited Company

    Thanks guys... Right, so plenty of benefits there. Will me changing the company over mean a brand new company? i.e. does this mean that West Midlands Distribution Ltd is a new starter or that I will be in my fourth year of trading (as it currently is as a sole trader)? I need to start to keep...
  6. Pezza832

    Limited Company

    Hello there! I wonder if anyone can give me some advice on the benefits of becoming a limited company? I am currently sole-trading with a turnover of about £50k, profit about £40k. I wonder if it's worthwhile becoming a Ltd Co? Could someone explain dividends and why I wouldn't have to pay...
  7. Pezza832

    Start Limited Company to obtain a mortgage... Legal?

    Thanks gents. Steve, this may sound odd but at the moment we're not too fussed about the tax we pay as long as we're earning a strong enough wage in order to get this mortgage. Tony, if you DIDN'T know what you know on this thread and we came to you in three months time with three months worth...
  8. Pezza832

    Start Limited Company to obtain a mortgage... Legal?

    Tony and Steve, thanks for your replies. Tony, I assume you are or know a mortgage broker? We are currently on our second broker and our fourth mortgage application. We're doing our absolute utmost and have spoken to a number of other brokers who all say the same - that they can get us a...
  9. Pezza832

    Start Limited Company to obtain a mortgage... Legal?

    I am a sole trader and have been trading for just over two years. My girlfriend has been sole-trading her separate business for one year. We have been trying to obtain a mortgage based on my two years as her books are irrelevant due to only having one year. We can't get the necessary amount we...
  10. Pezza832

    Self Employed - How to get a mortgage?

    Yeah, you'll get one easy then! But purely based on your GF's income though. You'll get about 100k but with your 30k deposit that means you'll have a nice 130k. Perfect for what you're after. You can get on the mortgage in a couple of years when you gave 3 years then you can get a bigger place...
  11. Pezza832

    Self Employed - How to get a mortgage?

    Hi there, my girlfriend and I are in exactly the same situation as you. However, we're both self-employed. I have 20 months accounted books, she has only three. I'm sorry to say this but we're struggling badly to get a mortgage. We've tried almost every approach possible and there is no way...
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