Background on client shares acquired from deferred incentive plan.
I am interested in buying a cleaning company with turnover of about £60,000 for £20,000 from the owner who owns all the 10 shares in the company.
I formed a limited company a few years ago, and issued 1 share to myself as advised at the time.
I going to retire in 10 years time. I want to pass my practice on to one of my staff (let's call him JS) who has been with me for many years. We are not connected parties.
Share owner is selling his shares in a business to his two co-shareholders. There will be an upfront payment for half the money now, followed by monthly installments for the balance over say 6 mon
I currently have a client who's business generates two different streams of revenue.
The concept of Employee Shareholder (ES) Shares was introduced in September 2013.
I have recently acquired a new Ltd Co client. It is a husband and wife company with no other employees.