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Yes we have a shareholders agreement.
We have both lent money to the company but my partner is owed £7000-00 more than me.
Just as a little background, I started the company in1984 with a different partner but he retired and rightly or wrongly we gave the shares to the existing partner. He has never paid for them.
Unfortunately it is no to both questions.
We,as shareholders, own the building separate to the limited company.
Sorry to say that I must break off now as I have a hospital appointment but will be back early afternoon.
Still awaiting an answer
It appears that you have got the wrong idea because I am the MD not the other guy.
Can you advise me further please.
Yes but has not physically got involved since he retired ten years ago.
He has now informed me that any decisions to be made will now come from his son who is also a director.