Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. I am a company lawyer. I will take moment to review this information and answer your questions in turn, before i do can you confirm (i) is there a shareholders agreement (ii) does the company use Table A articles (iii) Have you personally guaranteed any company debts (iv) Is the HMRC debt over due?
Hi thank you for your message.
The shareholding is the 1 share that comes with an off the shelf company. Articles of Assoc are the default ones that come with new company.
Hi Thanks was the company formed after october 2009?
We have not personally guaranteed any company debts. Paul Deane has a PG in place with at least one of the creditors.
The HMRC debt is overdue
p.s Hi :)
Great thank you - so the company will have Model Articles. I think that is all the information I need for the moment. I will write a response with reference to the Companies Act, Insolvency Act and with some practical advice. This will take me a little while but I will aim to post my answer by midday tomorrow. Is that ok? Or did you need a response sooner? Kind regards AJ
Midday tomorrow is fine thank you
Thank you very much. Kind regards AJ
Hi, I am just typing up my answer now. I am going to switch to Q and A mode as it is easier for me to read. Kind regards AJ
Thank you so much. That is so clear, easy to understand and useful. if that's ok I will just discuss with my partner before concluding in case he anything else he wishes to ask.
Thank you very much Alex, we are very happy with your comprehensive reply and suggestions. We are now in contact with insolvency practitioners and moving the matter forward. Thank you very much.
Sharelle and Jonathan