J
JennyGleeson
Guest
Hello,
I am involved with a business who was incorporated in August 2010 that is now looking to be wound up (all directors agree). There have been no sales in the company and there are no employees (there was one but she left many months ago).
There are no outstanding creditors bar an intercompany liability with a sister company and a directors loan (both of which are willing to write off the amount owed). There are fixed assets of circa €6000 within the company which may be used to offset some of the intercompany loan (with the balance being written off).
Simply put the company was created to develop and run a new website. Unfortunately the company never finished the development stage-it was too expensive. There have been no sales but several purchase invoices. (all vat/p30 returns are up to date). The company is due to make its first annual return this Feb.
Is there a simple way to wind up this company?
Can I make a non-trading return to the cro as there were no sales?
Thank you
Jenny
I am involved with a business who was incorporated in August 2010 that is now looking to be wound up (all directors agree). There have been no sales in the company and there are no employees (there was one but she left many months ago).
There are no outstanding creditors bar an intercompany liability with a sister company and a directors loan (both of which are willing to write off the amount owed). There are fixed assets of circa €6000 within the company which may be used to offset some of the intercompany loan (with the balance being written off).
Simply put the company was created to develop and run a new website. Unfortunately the company never finished the development stage-it was too expensive. There have been no sales but several purchase invoices. (all vat/p30 returns are up to date). The company is due to make its first annual return this Feb.
Is there a simple way to wind up this company?
Can I make a non-trading return to the cro as there were no sales?
Thank you
Jenny