- Original Poster
- #1
Hi,
For the last couple of years, I've been developing a remote monitoring device as a DIY project. Recently I've run into some vendors who won't sell me components for this project as an individual. I'm trying to delay incorporating as much as possible as I'm not really keen on the responsibility / distraction right now. I incorporated an ltd in 2013 and dissolved it in 2018. Did everything (book keeping, filing vat and corp tax returns) myself and not really looking forward to doing it again. I'm open to using an accountant + freeagent / xero this time around - but also wondering if I can get away with "borrowing" an existing company to make purchases of some electronic / electrical components?
More generally, are there any companies that only makes purchases (no sales) on behalf of directors / members - something like a buyers / purchasing club ?
For the last couple of years, I've been developing a remote monitoring device as a DIY project. Recently I've run into some vendors who won't sell me components for this project as an individual. I'm trying to delay incorporating as much as possible as I'm not really keen on the responsibility / distraction right now. I incorporated an ltd in 2013 and dissolved it in 2018. Did everything (book keeping, filing vat and corp tax returns) myself and not really looking forward to doing it again. I'm open to using an accountant + freeagent / xero this time around - but also wondering if I can get away with "borrowing" an existing company to make purchases of some electronic / electrical components?
More generally, are there any companies that only makes purchases (no sales) on behalf of directors / members - something like a buyers / purchasing club ?