Originally posted by TheFaQQer
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Parasol up for sale according to Rob Crossland
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Originally posted by simonsjdaccountancy View PostTo try to get their money back I guess. With the potential liabilities though (there is a £4m contingent liability in their accounts for VAT), the recent £158m loss by Reed over the expenses thing, and AWR I think they may struggle to get a buyer.
They will still be able to get their money back out though as they have a floating charge over the assets of the Company, and I think their loan is due for repayment fairly soon.Comment
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Originally posted by The Spartan View PostThis has slowly turned into another LTD v Brollie debate again, can't we all just get along lol. On another note to those of you that do run your own LTD's have you ever had a business partner onboard or do you all work as need I say it one man bands. I got talking to another contractor here and him and his best mate run the company together and split everything equally. He was also telling me when he couldn't make a gig for a couple of days due to illness he sent his business partner in his place fulfilling the substitution clause in the contract.
But, if my ltd co goes tits up, that would be my fault and 'my' money. But if a brolly goes tits up, while that would still be 'my' money, it wouldnt be my fault.I couldn't give two fornicators! Yes, really!Comment
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Originally posted by simonsjdaccountancy View PostTo try to get their money back I guess. With the potential liabilities though (there is a £4m contingent liability in their accounts for VAT), the recent £158m loss by Reed over the expenses thing, and AWR I think they may struggle to get a buyer.
They will still be able to get their money back out though as they have a floating charge over the assets of the Company, and I think their loan is due for repayment fairly soon."The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." CiceroComment
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Originally posted by Waldorf View PostI wonder if this is a similar bill that JSA was saddled with a few years ago, which led them into administration. I seem to recall that JSA owed HMRC about £10 million and couldn't pay?P.S. What Spreadsheet? Revolutionising the contracting market again.Comment
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