RE: FN-FORUM: forming a ltd

date posted 16th August 2007 15:38

Hi Neil,

Sorry I'm not aware of that....we opened our ltd and bank accounts almost 7
years ago...back then I didn't have to sign any forms and as far as I'm
aware I'm still not responsible if things don't work out.

I shall ask the accountant next time I speak to him though

Gina

-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of Neil Hook
Sent: 16 August 2007 15:40
To: FN-FORUM / [EMAIL REMOVED]
Subject: Re: FN-FORUM: forming a ltd


Gina,

Hasn't a new law been passed recently, whereby Directors of Ltd companies
will be responsible for paying companies debts?

The reason for asking, is my bank asked me to sign a form, whereby I am
personally responsible.

N


On 16/8/07 15:33, [EMAIL REMOVED] [EMAIL REMOVED]
wrote:

>
> Hi Terry,
>
> One big advantage of running a ltd company is the fact, that if you go
> bankrupt as a company, allegedly your personal belongings as a director
> can't be touched. The one thing I find extremely annoying though is all
the
> paperwork associated with running it, the insurances you have to have, the
> accountancy bills - it involves a lot more administration. The Companies
> House website does certainly contain a lot of information - that's
probably
> the best one to start and your accountant
>
> HTH
> Gina
>
> -----Original Message-----
> From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of Terry
> O'Leary
> Sent: 16 August 2007 15:18
> To: FN-FORUM / [EMAIL REMOVED]
> Subject: FN-FORUM: forming a ltd
>
>
> Hi all
>
> I'm contemplating forming an ltd company.... i've only briefly looked
> into it but it's seeming a bit of a mine field. Has anyone got
> experience of this process and good sites with advice etc... i've seen
> companies house site and others that offer online formations... any
> recommendations grealy received.



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