B/fwd company losses & divi'

Any thoughts appreciated;

 

I have a client a small company. The company has b/fwd losses circa 50K no reserves. The two directors take a salary circa £25k each, obviously this would be better as dividends. Yet as they are constantly breaking even then divi’ would be illegal. Any thoughts on how best to restructure this? W/off?

 

Comments
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Write off what?

Euan MacLennan |
Euan MacLennan's picture

Eaun,

paulb |
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Please explain

ShirleyM |
ShirleyM's picture

Standard trade creditors that

paulb |
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Who is owed the £50K?

ShirleyM |
ShirleyM's picture

Sorry, they do not have 50K

paulb |
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Shirley's point...

George Attazder |
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George,

paulb |
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I agree with Shirley and Euan

George Attazder |
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directors loans??

Ding Dong |
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