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Dormant Company

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[quote][i]Originally posted by Housing[/i]
[br]Hello all,

I am seeking some guidance from one of the experts (please) or the sharing of experience from my fellow BR`s.

My BR relates to a sole trader business (a letting agency) and my personal debts as at the time the business ceased trading.

I also had an estate agency ( a limited company) of which I was the only director. That ceased trading at the same time as they operated from the same premises.

That company as I see it is "dormant". I have resigned as director and submitted that to Companies House and, of course, I copied the OR into that.

There are some creditors (not much - maybe Ł12K or thereabouts) Mainly the bank as an overdraft.

I was told expressly that I could not use my accountant - I assume that was in relation to my BR and not the company? (Not 100% sure here). In any event, I am not in a position to engage an accountant for the limited company as I do not have any spare funds!

I am due to submit an annual return to Companies House.Can I do a dormant company return?

Can anyone guide me please as I do not want to alienate Companies House, or the OR - thanks in anticipation and appreciation, my regards, Richard

"There are no problems - only solutions..."
[/quote]

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T O P I C R E V I E W
Housing	Posted - 15 November 2009 : 19:45:47 Hello all, I am seeking some guidance from one of the experts (please) or the sharing of experience from my fellow BR`s. My BR relates to a sole trader business (a letting agency) and my personal debts as at the time the business ceased trading. I also had an estate agency ( a limited company) of which I was the only director. That ceased trading at the same time as they operated from the same premises. That company as I see it is "dormant". I have resigned as director and submitted that to Companies House and, of course, I copied the OR into that. There are some creditors (not much - maybe Ł12K or thereabouts) Mainly the bank as an overdraft. I was told expressly that I could not use my accountant - I assume that was in relation to my BR and not the company? (Not 100% sure here). In any event, I am not in a position to engage an accountant for the limited company as I do not have any spare funds! I am due to submit an annual return to Companies House.Can I do a dormant company return? Can anyone guide me please as I do not want to alienate Companies House, or the OR - thanks in anticipation and appreciation, my regards, Richard "There are no problems - only solutions..."
7 L A T E S T R E P L I E S (Newest First)
Housing	Posted - 24 November 2009 : 11:23:10 Hi all, Just to say thank you to Melanie and debtinfo for responding to my post about my a dormant Company. I wrote to Companies House, sent them necessary details, i.e. no trading, no director and I am pleased to say as the company has no officers, it will be struck off and disolved I assume that will follow a set pattern and take a few months? Cheers, Richard "There are no problems - only solutions..."
Housing	Posted - 16 November 2009 : 08:37:46 Thanks again, debtinfo regards, Richard "There are no problems - only solutions..."
Housing	Posted - 16 November 2009 : 08:36:32 Thank you Melanie Much appreciated, Richard "There are no problems - only solutions..."
Melanie.n	Posted - 16 November 2009 : 08:34:50 Hi Richard Write to Companies House advise them of the bankruptcy and your subsequent resignation and request the dissolve the now dormant company. Melanie Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk
debtinfo	Posted - 16 November 2009 : 00:39:30 I would suggest phoning companies house, tell them you are bankrupt and so cannot legally act in any capacity on behalf of the company. I think afer a certain amount of time the company just gets struck off, ask companies house what will happen
Housing	Posted - 15 November 2009 : 23:24:26 Hi debtinfo, Thanks for that - I had some concerns about this - I studied law as a postgraduate many many years ago, but did not do my finals and did not cover this area of law anyway. I have read a number of sites and cannot get a firm grasp of what I need to do!! Clearly, I do not want a fine. RHB kindly said to another related post I made a few days ago that maybe I should ask HMRC what they want - not sure there either - we did the last VAT return at the ond of the last quarter we traded - they are happy with that. I cannot use my accountant (costs prevent me from this!) I simply need some guidance - should I do a stand alone letter to Companise House? The OR has said, he has no interest in the company (appreciate that) and that he cannot advise me (appreciate that too). I just need some kind soul to say, "do this..." Any ideas my friend? Thanks for the responmse - most things I can do for myself - when I get stuck, I am really stuck and it plays on my mind, Regards Richard "There are no problems - only solutions..."
debtinfo	Posted - 15 November 2009 : 22:39:07 Hi housing, you cannot make the return to companies house as you cannot act in the management of the company. That is a seperate legal entity and so will have to remain ruderless for the time being

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