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Dissolve company with large share capital

Hi I would like to get advise on how to close down a company that has share capital of £200,000. The company has never traded and has bank balances of approx £200,000 due to the issue of share capital.  

Please advise the best way the client could withdraw the money (without paying any tax) and steps to close down the company? 

 

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20th Nov 2017 12:36

I'd be happy to for a small fee of, say, £10,000.

Thanks (1)
20th Nov 2017 13:36

Actually, this is relatively easy - I'd be happy to help you for half what Portia's quoted.

Thanks (0)
to Kevkava
20th Nov 2017 13:49

Jesus, there's always somebody that will undercut you!

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By mrme89
to Portia Nina Levin
20th Nov 2017 14:03

No, his name is Kevin. Jesus died years ago.

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to mrme89
20th Nov 2017 14:09

No, it is Jesus; Kevin's just an alias.

Thanks (2)
By mrme89
to Kevkava
20th Nov 2017 14:12

The deceit. It hurts.

Thanks (0)
to Portia Nina Levin
20th Nov 2017 15:19

Quote:

Jesus, there's always somebody that will undercut you!

You have to refer to him as Sausage Roll these days do you not?

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to MissAccounting
20th Nov 2017 15:26

Sausage Roll is insufficient. I believe he insists on Gregg's Sausage Roll.

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By Dib
to Kevkava
20th Nov 2017 16:32

You could possibly do it using some sort of trust structure that looks good but doesn't work in spite of a certain contributor sending spurious links to 'prove' it does. I'll charge only £11,000 in used fivers.

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to Dib
23rd Nov 2017 11:59

Quote:

You could possibly do it using some sort of trust structure that looks good but doesn't work in spite of a certain contributor sending spurious links to 'prove' it does. I'll charge only £11,000 in used fivers.


Careful about saying things like that. I had a certain contributor once threaten me with legal action for saying something similar.

Like you, I did not name the certain contributor, but they were convinced it was them I was referring to anyway. Never went any further, though whether because they didn't have a legal leg to stand on or simply couldn't identify me I'm sure I couldn't comment.

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By Ruddles
20th Nov 2017 14:10

I'll tell you for £4,950 including VAT - how does that sound?

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20th Nov 2017 15:47

I'll tell you for 50% and a cast iron guarantee you'll never see me again.

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By DJKL
20th Nov 2017 16:19

Looks like the name your price concept re fees, per this recent article, is not needed after all, we all seem prepared to undercut in a race to the bottom.

https://www.accountingweb.co.uk/practice/general-practice/name-your-pric...

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23rd Nov 2017 11:36

Please find attached my invoice for £200,000! Sorted!

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