Recent content by Robyn Laurence

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    debts but company has assets

    I’m so sorry for so many questions...so if he’s just applied for strike off, there’s no IP, does that mean we cannot get redundancy from the RPO? Redundancy letter sent to one member of staff states company will be liquidated
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    debts but company has assets

    Thats what I thought Chris. Hes done a spongebob even though he had assets!! Told all his creditors he has no assets. To the best of my knowledge, hes sold all assets and hes done application for strike off but Ive just read you cant do this if you've traded within 3 months - he stopped trading...
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    debts but company has assets

    Apologies dont know why that posted twice
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    debts but company has assets

    Sorry could I have further help with this please. Ex employer has submitted form to companies house to voluntarily strike off business. Business is insolvent. He traded up to 18th October 2019. I thought you had to wait 3 months from ceasing trading before submitting application is this right...
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    debts but company has assets

    Sorry could I have further help with this please. Ex employer has submitted form to companies house to voluntarily strike off business. Business is insolvent. He traded up to 18th October 2019. I thought you had to wait 3 months from ceasing trading before submitting application is this right...
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    debts but company has assets

    Sorry could I have further help with this please. Ex employer has submitted form to companies house to voluntarily strike off business. Business is insolvent. He traded up to 18th October 2019. I thought you had to wait 3 months from ceasing trading before submitting application is this right...
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    Can you claim tax back early

    Hi, You may have seen my other post the other day about being made redundant and so money is tight at the moment. My question is this... My husband has been sub contracting for another company and that contract has now come to an end. The other company deducts his 20% etc. Is it possible to...
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    debts but company has assets

    Thank you so much everyone I really appreciate your help
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    debts but company has assets

    There are some staff on casual contracts are they employees or do they have to apply for creditor status? They are owed money
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    debts but company has assets

    Alan thank you...can I just clarify...so we can only claim government help with redundancy if company is in formal liquidation process?
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    debts but company has assets

    So sell as much as he needs to pay creditors off then liquidate? Doing nothing is not an option as he’s paying for a unit for vehicles and obviously can’t afford it
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    debts but company has assets

    Can you do a spongebob if there’s more assets than debt? Is the company even insolvent if it has assets to pay creditors?
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    debts but company has assets

    I think he should sell all assets ASAP and pay all staff and creditors and then think about liquidating. Does that sound ok?
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    debts but company has assets

    Ian J The assets aren’t minimal he has work vehicles and other assets worth in excess of £30k easily