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Okay - things have moved on since a meeting this afternoon. For the worse. It now turns out that my dear "colleagues" do not consider the stake we each put in as a shareholding, rather it is a loan. The money we each put in was this:
Person A - 12k
Person B - 3k
ME - 7k
Also, we work as...
I set up a language school as a limited company together with 2 others. " of us provided 2/3 of the capital, the other the remaining 1/3. We have an accountant as our only registered director; we have no contracts of employment; and despite my best efforts to get one signed (I even paid for...
I am new here and can't work out how to post a new thread. However, this thread bears some similarities to my situation: I set up a language teaching school together with two partners. Two of us provided equity, the third contributed nothing but worked with us as a director. I had a...