Why would they do this? directors, any comments, advice...
Discussion
Hi to all again
So am starting a new company and i registered September 2008, i went through an out-source company, as i didn't know you can apply direct to Companies house. Anyways the company director is a man, who i have no idea who the hell he is, and the company address is registered at the place i registered with to start the company, (hope your following so far) I am not even on as the director of my company. This man also holds the full shares of my company!!!! i contacted the place i registered with, they said they have sent me documents and all i have to do is pre sign the forms and i will own full shares of company. I have been waiting on these documents since SEPTEMBER 08. today i signed a 288a and 288b form from the bank and have sent these off to companies house, this enables me to be full and only director of the company and take the name of this gentleman off as director.
However, my question is, since i went through and out-source company is this something that is common practise, to push through the process more quickly, to state someone from the department/company i registered with as share holder and company director?
HELP<ADVICE NEED!!!
once again thanks x
So am starting a new company and i registered September 2008, i went through an out-source company, as i didn't know you can apply direct to Companies house. Anyways the company director is a man, who i have no idea who the hell he is, and the company address is registered at the place i registered with to start the company, (hope your following so far) I am not even on as the director of my company. This man also holds the full shares of my company!!!! i contacted the place i registered with, they said they have sent me documents and all i have to do is pre sign the forms and i will own full shares of company. I have been waiting on these documents since SEPTEMBER 08. today i signed a 288a and 288b form from the bank and have sent these off to companies house, this enables me to be full and only director of the company and take the name of this gentleman off as director.
However, my question is, since i went through and out-source company is this something that is common practise, to push through the process more quickly, to state someone from the department/company i registered with as share holder and company director?
HELP<ADVICE NEED!!!
once again thanks x
Five months is a long time!
We always do same day incorporations and put the proposed shareholders/directors in place straight away rather than have the agents appointed as first directors and subscriber (unless there is a commercial reason to do differently).
That said, it isn't unusual for the agent to be the first director/secretary and shareholder - nothing sinister there - they should have got the docs to you sooner though.
Incorporation agents charge anything from £35 to £300 for formation packages - service levels vary accordingly.
We always do same day incorporations and put the proposed shareholders/directors in place straight away rather than have the agents appointed as first directors and subscriber (unless there is a commercial reason to do differently).
That said, it isn't unusual for the agent to be the first director/secretary and shareholder - nothing sinister there - they should have got the docs to you sooner though.
Incorporation agents charge anything from £35 to £300 for formation packages - service levels vary accordingly.
I have also paid £200.00 for this (so called service)
I have been emailing them back and forth with no avail and have also called them a number of times regarding this issue.
I have called them again today and they assure me the documents are now being send recorded delivery.
I now think that they never tried sending the documents in the first place.
I am becoming increasing worried about this, do i stand anywhere legally?
I have been emailing them back and forth with no avail and have also called them a number of times regarding this issue.
I have called them again today and they assure me the documents are now being send recorded delivery.
I now think that they never tried sending the documents in the first place.
I am becoming increasing worried about this, do i stand anywhere legally?
Tequila Tina said:
I have also paid £200.00 for this (so called service)
I have been emailing them back and forth with no avail and have also called them a number of times regarding this issue.
I have called them again today and they assure me the documents are now being send recorded delivery.
I now think that they never tried sending the documents in the first place.
I am becoming increasing worried about this, do i stand anywhere legally?
When I incorporated at 20 I was as green and used a company. I didn't realise all they were doing is online searches on my behalf!I have been emailing them back and forth with no avail and have also called them a number of times regarding this issue.
I have called them again today and they assure me the documents are now being send recorded delivery.
I now think that they never tried sending the documents in the first place.
I am becoming increasing worried about this, do i stand anywhere legally?
You can go straight to Companies House online now, it costs about £30 off the top of my head. All they are doing is downloading the forms for you.
If you want to keep this company you just need to fill out the forms when they come.
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