Member Since: 23rd Jan 2018
23rd Jan 2018
Well, I think it doesnt really matter what you do or who you screw up in the process.
Here is a question for you:
I know a local company in the building trade who has gone bankrupt owing several hundred thousand pounds. He has now set up a new business WITH EXACTLY THE SAME NAME but in a different area (same company directors, him and his wife) how can he be allowed to do this?
He has had several companies, at the moment i believe he own at least 5 or 6. He is in debt to the tune again of several hundred thousand and recently bought a house for over half a million GBP. Is what he is doing legal? Can he start up again with exactly the same name as the one that went bust owing hundreds of thousands, simply by registering in another county?
I would love to hear your comments on this.
If its legal, im in the wrong trade. No wonder i never make money. I have had the same business for several decades and struggle by year on year.