We set up the company in order to purchase a Winebar... the landlord was insistent that a ltd company was in place in order to complete the transaction..i guess the original three listed as Directors must have been shareholders but we didnt every have any certificates or benefits from it? Does that help..
I have never personally guaranteed the company debts and no we stopped trading in Dec 2013...surrendered the lease and i personally paid any outstanding trades people from my own money.. so we never traded knowing the company was insolvent..
Did you receive my response
So just to confirm..i need to get advise from a solicitor who specialises in insolvency issues?
Is that right?