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Best Employment Services Limited liquidation 'loan' repayments

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    #51
    Bestemployee

    Have you had a read of this https://s3.eu-west-2.amazonaws.com/d...aa4ca6503759a9

    Or this https://s3.eu-west-2.amazonaws.com/d...dc8ee3529ef0e1

    The creditors here are either HMRC or 2 other IOM companies which may or may not be linked to Sacco. The liquidator is looking to recover money for them and has a duty to determine whether the loans are recoverable. How they were treated for tax purposes is not strictly relevant.

    You'll kinda get a flavour of what you were involved in. We have UK workers, but admin in the IOM, the debt book being sold to a company in Anguilla, incomplete records and a Maltese snake. This is why you need advice from someone who knows about these things.
    Last edited by piebaps; 14 January 2021, 13:41.

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      #52
      Originally posted by piebaps View Post
      Bestemployee

      Have you had a read of this https://s3.eu-west-2.amazonaws.com/d...aa4ca6503759a9

      Or this https://s3.eu-west-2.amazonaws.com/d...dc8ee3529ef0e1

      The creditors here are either HMRC or 2 other IOM companies which may or may not be linked to Sacco. The liquidator is looking to recover money for them and has a duty to determine whether the loans are recoverable. How they were treated for tax purposes is not strictly relevant.

      You'll kinda get a flavour of what you were involved in. We have UK workers, but admin in the IOM, the debt book being sold to a company in Anguilla, incomplete records and a Maltese snake. This is why you need advice from someone who knows about these things.
      Already timed out so you would be better linking to the company house records - tell me the companies and I will do it for you if you prefer.
      merely at clientco for the entertainment

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        #53
        LOL eek, those were company house records!

        BEST EMPLOYMENT SERVICES LIMITED - Filing history (free information from Companies House)

        It was the statement of affairs at 02.04.2019 and the Liquidator's statement at 11.03.2020

        Thanks

        Comment


          #54
          Originally posted by piebaps View Post
          LOL eek, those were company house records!

          BEST EMPLOYMENT SERVICES LIMITED - Filing history (free information from Companies House)

          It was the statement of affairs at 02.04.2019 and the Liquidator's statement at 11.03.2020

          Thanks
          You've done all that can be done then as any more will time out within 30 minutes.

          Click on the link and then find the appropriate documents (currently it's the 3rd one down and the top 1).

          It's worth saying that the Statement of Affairs lists debts of £3,365.716 but the Liquidator's statement mentions debts of £10,457,005 - so we don't know exactly what is owed to whom.

          What we can also say is that the Anguilla company doesn't seem to have been assigned the assets as was planned (item 4.26 in the statement).
          merely at clientco for the entertainment

          Comment


            #55
            Any progress?

            Originally posted by Noonoo View Post
            These were not loans. They were salaries paid by an agency or employer to Best Employment Services who then paid them on. For the liquidators to now be demanding the monies back is preposterous.

            They received the funds and now they want us to pay our salaries back? The analogy about a Barclays loan is so incorrect i don't even have the energy to pick the multiple holes in it.

            Not to even get started on the single biggest issue of HMRC retrospectively making something illegal. How can that even be a thing?
            Did you have any luck resolving this? I'm in the same boat and just made contact with WTT.

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