Reply To: Survival sweepstake

[Anonymous]

Awaywego wrote:

The governments Rennee, one of them is your company must have ceased trading for at least 3 months.

Thanks AWG.

What if the current owner decides to ‘shut shop’.
Settles any debts, then pays everybody (staff) up and then liquidates?

I thought a solvent company can apply to be struck off of companies house?
Then a members voluntary liquidation begins?

If there are no legal disputes or outstanding contracts and no creditors – then is there really that much for a liquidator to do?

* meet deadlines for paperwork and keep authorities informed.

* pay liquidation costs and the final VAT bill.

* interview the directors and report on what went wrong in the business.

* get the company removed from the companies register.

Jesus, we used to talk about football.