Company incorporations and dissolutions
Company incorporations and dissolutions
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Wings

Original Poster:

5,966 posts

243 months

Wednesday 29th July
quotequote all
Through an agent I have just sold a piece of land to a pre-incorporated company, that had I known the true identity of the person/director of the company, I would have negotiated a higher price.

Considering the Covid business grant scandals, year ending March 2026 there were in the UK over 815,000 company incorporations, with over 787,000 dissolutions. Is it not too easy for those with criminal intent, to set up and dissolve a company in the UK today.


Nicetobenice

1,330 posts

6 months

Wednesday 29th July
quotequote all
Wings said:
Through an agent I have just sold a piece of land to a pre-incorporated company, that had I known the true identity of the person/director of the company, I would have negotiated a higher price.

Considering the Covid business grant scandals, year ending March 2026 there were in the UK over 815,000 company incorporations, with over 787,000 dissolutions. Is it not too easy for those with criminal intent, to set up and dissolve a company in the UK today.
Did you not ask who the owner was?

And many people argue that some of the changes made recently are too onerous and create unnecessary "red tape."

So it seems the powers that be can't win either way.


TwistingMyMelon

6,505 posts

233 months

Thursday 30th July
quotequote all
Yes - in the past and arguably still today it is easy to abuse the UK system.

We also love regulations in this country - enforcing them or having an agency with teeth that can enforce them is a different matter.

Luck of the draw - i'd recomend doing due diligence on the buyers beforehand , you can often realise who the buyer is with a little digging.

There is an argument that they wouldn't have paid your higher price and would have used their might to knock you down.

SpeckledJim

33,727 posts

281 months

Thursday 30th July
quotequote all
Wings said:
Through an agent I have just sold a piece of land to a pre-incorporated company, that had I known the true identity of the person/director of the company, I would have negotiated a higher price.

Considering the Covid business grant scandals, year ending March 2026 there were in the UK over 815,000 company incorporations, with over 787,000 dissolutions. Is it not too easy for those with criminal intent, to set up and dissolve a company in the UK today.
In general money flows towards people who have information and away from people who do not have information.

That’s what happened here.

All I can suggest is to try to be the party with the greatest information next time round.

You were, after all, a willing volunteer to the deal.