Will I be able to set up as a sole trader?
So i started a clothing company 2 years ago with a family member and set it up as a limited one. We never earnt over 3k a year and the accounts was ne
So i started a clothing company 2 years ago with a family member and set it up as a limited one. We never earnt over 3k a year and the accounts was never done, although he told me he was doing them. I never knew you could do them your self as i was young so the company dissolved, the bank account froze and cant get the money. I dont feel its worth paying the £1000+ to restore as i have to pay a lot of fees. He bought all the stock so is that all his or can i still sell. I havent spoken to him for months as hes ignoring me.
Is it better for me to:
Set up as sole trader
Will i be able to use the same name
Will i be able to get the money back at all
or:So i started a clothing company 2 years ago with a family member and set it up as a limited one. We never earnt over 3k a year and the accounts was never done, although he told me he was doing them. I never knew you could do them your self as i was young so the company dissolved, the bank account froze and cant get the money. I dont feel its worth paying the \u00a31000+ to restore as i have to pay a lot of fees. He bought all the stock so is that all his or can i still sell. I havent spoken to him for months as hes ignoring me.Is it better for me to:Set up as sole traderWill i be able to use the same nameWill i be able to get the money back at all
