When I say it's a tin pot Company I mean it is not a multi national Company
that needs the major computer infrastructure that he seems to think it
needs. He is a computer nerd/geek!! The only thing the Company is there
for is so that he can work and get paid as an IT contractor and DJ. So far
the computers he has have taken over the outside shed (which has been
converted with a steel security door), a 10 x 8 storage container in the
garden (along with another one) and another metal container. We
also have computers in the dining room, albeit not as many as there
were.
The value of the Company is not straightforward. It has
"assets" such as computers and disco equipment worth about £25/35K. These
were bought by him and need to be transferred to the Company in order to
balance
books because of the money he has taken out
to pay mortgage, bills, etc. His money goes through the Company. He has
potential debts of Income Tax, VAT, Corporation Tax and also the threat of
another 6figure Income Tax bill because he used to be paid off-shore and
there is a test case going through at the moment.
Most of this
accounting should have been done several years ago and he was given till
October last year to file his personal tax returns but hasn't done so!!!
At the moment I do not think that
mediation will get us anywhere because he
won't actually get on and do anything!!! I don't want much, I am not going
all out to bankrupt him or force him to sell all his wordly goods (which is
what he thinks will happen!!) but I do want something.