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please advise !!
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buddy143
Posts: 92 Forumite
I am not sure whether this is the right place.
I am a locum doctor, set up my own limited company. The company ceased off trading few months ago. I have sent the strike off application to companies house. Later received a letter from them to say that the company will remain on the register for 3 months and if no trading happens, it will be striken off automatically. Yesterday received another letter to say that its been striken off the register. Today I got a letter from HSBC to say that as the company has been taken off the register, any money left in the company's account will be sent to the treasury. I left about 2300 pounds in the account, just because i thought if any problems arise within the 3 months mentioned by companies house, i can pay from the account (purely out of my ignorance).
I have spoken to my accountant who said he himself hasnt come across such a situation before. He said may be i can write to the treasury explaining the situation and asking for the money to be paid back.
Can somebody advise me what to do please?
I have paid the corporation tax, VAT etc within the time limits and never had any problem.
Will I lose the money or will the treasury pay it back.
not sure !!
I am a locum doctor, set up my own limited company. The company ceased off trading few months ago. I have sent the strike off application to companies house. Later received a letter from them to say that the company will remain on the register for 3 months and if no trading happens, it will be striken off automatically. Yesterday received another letter to say that its been striken off the register. Today I got a letter from HSBC to say that as the company has been taken off the register, any money left in the company's account will be sent to the treasury. I left about 2300 pounds in the account, just because i thought if any problems arise within the 3 months mentioned by companies house, i can pay from the account (purely out of my ignorance).
I have spoken to my accountant who said he himself hasnt come across such a situation before. He said may be i can write to the treasury explaining the situation and asking for the money to be paid back.
Can somebody advise me what to do please?
I have paid the corporation tax, VAT etc within the time limits and never had any problem.
Will I lose the money or will the treasury pay it back.
not sure !!
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Comments
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Were there any creditors when the company was stricken off?0
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The treasury will pay it back but minus an admin fee, which I think is around £130. It's standard practice when a company is struck off, always best to clear out the bank account first.0
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....I have spoken to my accountant who said he himself hasnt come across such a situation before....
Funny sort of accountant if they aren't aware of bona vacantia. The standard advice to anyone thinking about disolving a company would be; get the assets out first.
But since you didn't, have a look at the 'Bank Accounts' section here:-
http://www.bonavacantia.gov.uk/output/bvc1-assets-of-dissolved-companies-that-have-vested-in-the-crown-as-bona-vacantia-1.aspx0 -
what do you mean krisdorey?? can u tell me in simple terms plz,
If you don't know what a creditor is, then please do not set up another company until you have got yourself more versed in what you are letting yourself in for. And get yourself an accountant who knows something about it!If you haven't got it - please don't flaunt it. TIA.0 -
Hi buddy143
I've moved your post to the redundancy planning board as the CAB board has been closed to new questions since Wednesday I'm afraid.
MSE Wendy*** Get the Martin's Money Tips Free E-mail at www.moneysavingexpert.com/tips ***0
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