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Outstanding BBL results in persistent voluntary wind up[
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Reluctant_partner
Posts: 4 Newbie

In May 2023 I applied to Companies House for voluntary strike-off of my partnership as it had not traded since January 2022 and was completely dormant. The partnership had taken advantage of a perfectly legitimate BBL in 2021 on which we paid interest and principal but realised in 2023 that we couldn't continue to do this so alerted Barclays, our lender, of this and of the application to dissolve the partnership. Barclays' debt collection agency spoke with us at length and agreed that the loan was irrecoverable.
Despite all this, both DBT and Barclays continue to object to the dissolution of the partnership so we are left in limbo, having to file Nil Returns to HMRC for a partnership that is inactive and should no longer exist.
How do we resolve this impasse ?
Despite all this, both DBT and Barclays continue to object to the dissolution of the partnership so we are left in limbo, having to file Nil Returns to HMRC for a partnership that is inactive and should no longer exist.
How do we resolve this impasse ?
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Comments
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Barclays keeping their options open?1
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So this was a LLP given you say it was registered at Companies House?
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The LLP was registered at Companies House.0
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Hoenir said:Barclays keeping their options open?0
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The LLP was registered at Companies House.0
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