Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Wednesday, 13 January 2010

Dumb Ass Director - Winding Up Hearing Today

This is a TRUE story, you really couldn't make it up.

A lady from a private nursery company called our helpline today. She asked "help, how do I deal with a winding up petition from HMRC for late PAYE"?

We asked the usual questions, when was the petition issued "I don't know, October / November maybe".

Our advisor asked when is the winding petition hearing scheduled for? "It's TODAY, what can I do"?

Our answer to the question was let the company be wound up.

If you or your client gets a winding up petition ACT TODAY, get advice and help. Don't be the dumb ass director.

See here for our guide to dealing with winding up petitions.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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