Genuine but not FCSA Umbrella Companies

[WTFH]

Nice catch. I doubt we'll be seeing tabs1212 again

It's only because one of her colleagues decided to spam the forum today that this thread got bumped, and bored mods did a bit of digging.

[eek]

I do hope that you've left this company - they are about to be struck off at Companies House.

OVATIONS UMBRELLA LIMITED overview - Find and update company information - GOV.UK (company-information.service.gov.uk)

The London Gazette entry here:

11 Jan 2022

First Gazette notice for compulsory strike-off This document is being processed and will be available in 10 days.

.
Any money you've got in there will probably be lost.

And since they are Professional Passport accredited I would take that accreditation with a pinch of salt as well...

Nice catch

This afternoon is now spent adding an crawler to use companies house's APIs...

Edit - it's worth saying that the date is currently 6 days hence, but that's because there is a lead time involved.

[eek]

Rest of this afternoon's entertainment.

A dodgy as f*** FCSA company (not one I had heard often so meh).
Another FCSA one that is mentioned on here fairly often doing slightly dodgy things with pensions (slight upside is that it also slightly reduces a contractor's tax bill but there is a fee I can't reconcile)

So the other half of the Companies house stuff will wait til tomorrow.

[eek]

Rest of this afternoon's entertainment.

A dodgy as f*** FCSA company (not one I had heard often so meh).
Another FCSA one that is mentioned on here fairly often doing slightly dodgy things with pensions (slight upside is that it also slightly reduces a contractor's tax bill but there is a fee I can't reconcile)

So the other half of the Companies house stuff will wait til tomorrow.

Found what the fee is - nice side-effect is a 22% increase in umbrella margin (looking at the advert on this page it would be a 56% increase if they used such a technique) that should be going to HMRC...

Shall we just say that the backend suppliers have interesting ways of dealing with what is a very complex issue.

[cojak]

And since today is the 11th Jan, the first notice for the compulsory strike off of Ovations Umbrella Ltd has taken place.

https://find-and-update.company-info...filing-history

[eek]

They've actually submitted their accounts - and they don't make pleasant reading.

Is that a £25,000 loan I see hidden within it - I suspect it is.

[cojak]

They've actually submitted their accounts - and they don't make pleasant reading.

Is that a £25,000 loan I see hidden within it - I suspect it is.

Oh yes, so there is! 'Amounts falling due after one year' - so a Director's Loan and they've not repaid it.

In fact they're £7k in the red, so I can't see them factoring contractor's pay.

(And these account had to be lodged whilst kicking and screaming...)

I look forward to seeing their 21-22 accounts in April...