Ltd Company - In a Mess

[Deleted member 138423]

Wow, a very fortunate end to a total Ed Balls up! Good result and better luck (nowt to do with it!!) next time.

 

[upthecreek]

I can imagine how frowned upon I may be but right now my situation is stronger because of the lessons I have learned from my past mistakes. Spongebob was the lighthouse in a storm and his advice saved me.

As a director I truly failed in my duties BUT I learned a lot from the failure. I now speak to HMRC directly, I registered the new company myself, I registered for VAT myself, I even learned bookkeeping and did my own VAT return so now I can look after my own accounts. I am no longer dependant on an accountant as before.

I was previously so focused on setting up the business that I lost sight of my responsibilities. This new start has given me a chance to move forward stronger, more determined and less dependent on external accounting services.

As Oscar Wilde said: "Experience is simply the name we give our mistakes"

 

[simon field]

Result!!!

I'm made up for you pal!

This just goes to show that holding your hands up and going begging to HMRC for leniency isn't always the best approach. Indeed I would maintain that it is seldom the best approach.

My advice to Up The Creek was not the kind of advice that most accountants would give. Many accountants seem to view their role - in part at least - as being an agent of HMRC in making sure that their clients obey the letter of the law.

I have no such restrictions. This enables me to give advice that, while not necessarily being entirely within the letter of the law, actually works and will result in the recipient saving themselves a lot of money - not to mention heartache.

The news from Up The Creek has delighted me and my post-golf pint of Pedigree tastes all the sweeter.

Wonder if you can work at getting "The Spongebob Plan" into wikipedia?

 

[Spongebob]

Wonder if you can work at getting "The Spongebob Plan" into wikipedia?

I was thinking of setting up a website 'thespongebobplan.com' with forum etc but I fancy I might get into trouble with the makers of the children's TV show!

 

[kelvin1950]

www.marineinvertebrateanimalrobertplan.com is available.

 

[telle533]

Is there any difference between the directors submitting a voluntary request to be stuck off vs ignoring all CH correspondence/not submitting anything to CH and waiting for CH to strike the company off themselves?

 

[Scalloway]

The short answer is £10. I guess it depends if Companies Houise have already threatened strike off or if you want to do it before that happens.