• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Acquiring another company

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Acquiring another company

    Completely theoretical question.

    Let's say you've accumulated X in your LTD company A and wished to purchase another business operating as company B.

    Also let's assume that company A and company B are different businesses. So company A your LTD decides to buy say company B (an recruitment company, plant hire company, wholesale business) say.

    What would the process be, and how would the merging of the entities work(if at all)?
    What happens in General, stays in General.
    You know what they say about assumptions!

    #2
    I'd assume that company A buys the shares of company B. Owner of A then has control of B, makes the business decisions and has Directorial responsibilities for B.
    Profits from B can be distributed as dividends to the shareholders, in this case company A so those dividends become an income stream for A.

    Seems fairly simple to me.

    Comment

    Working...
    X