Highlights: Claim: £111,909 Type: Overdrawn directors loan account Settlement: £55,200 payable within six months Background: The company was the subject of a winding up petition presented by HMRC mid 2013. Subsequently, an Insolvency Practitioner was appointed Liquidator of the Company. The last filed accounts were prepared to year end 2011. Draft accounts had been prepared for year end 2012, but these were never finalised or
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Monthly Archives April 2015
Statement of Financial Circumstances – Case Study One
Highlights: Claim: £50,000 Type: Overdrawn directors loan account Settlement: £45,000 payable over 18 month Background: The company was the subject of a winding up petition presented by HMRC. Subsequently, an Insolvency Practitioner was appointed Liquidator of the Company. The last filed accounts had no overdrawn loan account position. However, the Liquidator’s review of the Company’s affairs post year identified payments to the director of some
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Twitter Champagne Winner Nicole!
To celebrate our first month on Twitter we decided to run a competition to choose one of our new followers at random and send them a gift. A huge congratulations to Nicole Bloor of Silke and Co Ltd in Doncaster who was picked out of the hat and won a bottle of champagne. It was double celebrations for Nicole who also celebrated her birthday last week. Happy Birthday
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