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Liquidating a company - some facts
Off_it
Posts: 28,938
I would just like to point out that companies are not always liquidated because they have "gone bust" or have been "run into the ground". There's not always a "dodgy" reason behind a liquidation.
Often a company is liquidated because it has simply run it's natural course. For example, if a company is set up specifically to undertake a property development, once that development is complete the company will no longer trade or have any intention to, so it is liquidated/struck off. This avoids the need to keep records, hold board meetings, file accounts, etc
Indeed, a Members Voluntary Liquidation is can often be a tax efficient method for shareholders to extract funds from a company, depending on the facts.
(NB. This info is particularly for the benefit of those who are slow of mind, can't spell properly and hold certain racist views. You can have this for free, just try to put your pea brain into gear before ranting - you might even surprise yourself.)
Often a company is liquidated because it has simply run it's natural course. For example, if a company is set up specifically to undertake a property development, once that development is complete the company will no longer trade or have any intention to, so it is liquidated/struck off. This avoids the need to keep records, hold board meetings, file accounts, etc
Indeed, a Members Voluntary Liquidation is can often be a tax efficient method for shareholders to extract funds from a company, depending on the facts.
(NB. This info is particularly for the benefit of those who are slow of mind, can't spell properly and hold certain racist views. You can have this for free, just try to put your pea brain into gear before ranting - you might even surprise yourself.)
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Pea rain?0
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Yeah, it's like a pea brain - but only for those who get things wrong!DaveMehmet said:Pea rain?
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Why make threads in response to a Charlton message board run by a Cardiff fan?0
