Recent content by The Ad Man

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    subscribers via Standing order

    Dear Business Forum, If a limited company goes into liquidation but has multiple subscribers each month paying their yearly subs via Standing order, is there a way for the company that buys the business to keep / be transferred the standing orders? Or is the new company only able to contact the...
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    Advise on buying a liquidated company

    I have had a quick search on good: "Pre-pack administration is an insolvency procedure in which a company arranges to sell all or some of its assets to a buyer before appointing an administrator to facilitate the sale. It differs from conventional administration in that the sale of assets is...
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    Advise on buying a liquidated company

    Thanks Mr D, The company never makes money mainly due to large costs inflicted on this business from the main business. When removing these costs and getting better agreements in place to reduce costs, it will be a great little business.
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    Advise on buying a liquidated company

    Thanks Chris, The company I am looking to get, it one of 3 companies under the main business. this main business makes money, whilst the others never do.....make of that as you will... A large debt is owed to the main business which is causing problems with a possible buy out + I do not want to...
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    Advise on buying a liquidated company

    Hi All, Desperately seeking advise from this business forum, before I plunge into talking to lawyers etc. I hope you can help. The owners of the business I work for, are planning to liquidate the business next year, forcing a redundancy of both employees (myself full time and 1 x part time)...
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