Recent content by william12

  1. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    Is there anything I can do to take his shares off the table? if I was to purchase 51% of the shares? There is conflicting information yes.
  2. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    That is definitely not what I wanted to hear UK contractor. I was worried that that would be the case though.
  3. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    every cloud? I wish he would talk, the poor guy he's a mess over everything and I wouldn't be surprised if he drinks himself to an early grave before all that, over the last couple of months the stress has broken him I think.
  4. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    Frank, I will be in touch next week. Thank you !!!
  5. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    I was worried he only sold me the shares to protect his company (a mutual friend told me this after I bought and paid for the shares)
  6. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    oh, that doesn't sound good. I'm sure he's burying his head in the sand.
  7. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    Frank, I sincerely appreciate the offer but I don't know which IP he's using and I'd rather not just in case it is you. Falling out with him is not something I want to do, I hope you understand. We have been friends for years and I recently (may) gave him nearly £40,000 for 24% shares in this...
  8. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    when I purchased the shares is it of no consequence? as long as I have paid for them in full and I am a shareholder and director on CH?
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    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    When I purchased the shares is of no consequence? as long as I have paid for them and I am a shareholder and director on CH?
  10. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    Thank you! Maybe I will sleep tonight..
  11. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    Thank you so much for this! My worry is that he took out the BBL against his other company, splurged on a new van etc, I am worried that he has injected around 10k (of his BBL) into our property company, having checked the company statements the money came out of his personal account. I am...
  12. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    Yes, both companies are Limited. and his shares in our company are the only asset he has.
  13. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    Thank you so much for this! My worry is that he took out the BBL against his other company, splurged on a new van etc, I am worried that he has injected around 10k (of his BBL) into our property company, having checked the company statements the money came out of his personal account. I am...
  14. W

    Insolvency Practitioners Duties Regarding Bounce Back Loan Abuse!

    Thank you so much for this! My worry is that he took out the BBL against his other company, splurged on a new van etc, I am worried that he has injected around 10k (of his BBL) into our property company, having checked the company statements the money came out of his personal account. I am...
  15. W

    Co-director/shareholder Took out BBL on a separate company, will the liquidator go after the co we own together

    Hi All, I wonder if you could tell me your thoughts. I have a property ltd co that I own 25% of. My co-director/shareholder owns 75% he has a separate company that has failed and owes around £50 k (at least) (I think he took out a BBL. He doesn't own anything of value except the shares of our...
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