Liabilities greater than assets

[WordIsBond]

In old money yes. It's £13 now. What are you going to do with the extra £2 you've just found out you've now got hanging around?

If he'd just asked his accountant he'd have known this without having to learn it on the Internet.

[Julian7]

Thanks

Thanks everyone for your really helpful replies. I shall lend the money to my company as director. I am also going to look into whether I can carry back my trading loss this year to last year and get a rebate on Corporation Tax. That'll help a bit