This isn't an accounting question, its law; and it doesn't affect me at all personally but I'm interested if anyone has experience of this.
My firm has... well... had... a client. Limited company. They failed to provide any records on time. We warned and warned. Eventually they got struck off for not filing. HMRC didn't notice or object. Wasn't the first year of trading.... HMRC just failed to notice.
The former client sells items online (no shop). Place your order, it gets delivered to your door etc.
After strike off, they've continued to trade (why the bank account hasn't been frozen I've no idea - its not my original client, I just heard on the grapevine - so maybe the 'company' bank account was in a personal name or something). Money taken, goods delivered etc.
So, if I went to their website and ordered something, who am I contracting with? It can't be the company, so who is it? A former director personally? Or the name on the bank account? If goods delivered where faulty and needed returning, how does this work? If I needed to sue someone, who would I sue? How would I know who to sue? The company website still suggests you are contracting with company 12345678, even though 12345678 doesn't exist anymore.
Just an interesting question on this Tuesday afternoon.