My partner is Director of a small ltd company. It has 3 share holders, he is the majority share holder . The two other share holders both left the company many years ago but shares were never transfered.
The company has barely survived due to lack of managment for last 7 years.
Last year saw a loss of £11. There is however no bad debt of any description.
There are 20 self employed workers who have agreements with the company to deliver their work to a certain standards as set out in their TOA's which sees them accredited by the company.
I have set up a new company but so far in name only.
I want to rejuvinate the business however I cannot contact the two sharelholders to arrange a share transfer and do not want to build up the business under the current ltd company whilst these two share holders technically own a %.
Can I re start the self employed workers with TOA's agreed with the new company and resart the business under the new company. then disolve the old one after 3 months of no trading? would be so greatful for any advice on this please.
thanks Havana
The company has barely survived due to lack of managment for last 7 years.
Last year saw a loss of £11. There is however no bad debt of any description.
There are 20 self employed workers who have agreements with the company to deliver their work to a certain standards as set out in their TOA's which sees them accredited by the company.
I have set up a new company but so far in name only.
I want to rejuvinate the business however I cannot contact the two sharelholders to arrange a share transfer and do not want to build up the business under the current ltd company whilst these two share holders technically own a %.
Can I re start the self employed workers with TOA's agreed with the new company and resart the business under the new company. then disolve the old one after 3 months of no trading? would be so greatful for any advice on this please.
thanks Havana
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