Alex Watts : Hello my name is XXXXX XXXXX I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply, but rest assured I will be giving your question my immediate attention upon return You do not need to wait here as you will get an email when I reply.
Alex Watts : Does the Company have any assets at all please?
no, none, it never traded. And the area the business was in was music management so there was no physical stock, office equipment etc
Alex Watts : Yes everything the company owns once dissolved would pass to the Crown.
Alex Watts : The company would be closed.
Alex Watts : But it need to be dissolved first.
Alex Watts : When the notice is out hmrc may object,
Alex Watts : If they do dissolution is suspended.
Alex Watts : If the company is dissolved then you are not late for any tax.
Alex Watts : If the company is not dissolved you are still liable to file returns and pay any tax due.
Alex Watts : Can I clarify anything for you about this today please?
So are my home and possessions affected? As I said, I didn't buy anything in the company name but both companies house and hmrc have my home address for correspondence.
Hi Alex, can you clarify for me please 'everything the company owns'? Does this include my home and possessions? I didn't buy anything in the company name but hmrc and companies house have my home address to correspond to. Thank you
Alex Watts : If the company does not own anything then no.
Alex Watts : Only company assets affected.
Alex Watts : I assume the house and possessions are in your name so they are not touched.
Alex Watts : You can relax about that.
Alex Watts : Does that help?
Alex Watts : If this answers your question could I invite you leave feedback on my service which I hope has been excellent today, if you need more information or help then please click reply.Please remember that I am always happy to help if you have future questions, even if I am in Court I can normally respond within a few hours. For future information, please start them with ‘For Alex W’.Please bookmark my profile if you wish for future help: http://www.justanswer.co.uk/law/expert-alexwatts/