A search at Companies House, today, revealed that no notice of appointment of receiver has been registered yet, but that NatWest Bank are debenture holders. I telephoned NatWest today, but they flatly refused to confirm or deny whether or not a receiver had been appointed. The upshot of this is that if they or their agent have interfered in the running of the company as debenture holder/receiver without having disclosed that fact, until they do disclose it they are 'shadow' directors and may be personally liable for any ongoing wrongdoing by the company.
Like all transactions that have written, verbal contracts attached to them if any of the parties breeches these they are in breech of contract. If the person retains monies as part of that sale and does not pass on monies to the owner of the item being sold then that is fraud. My Ski was sold back in June so if the company was not able to pass monies on to my self after the said sale then they were insolvent. Any company that owes more than £750 and cannot cover this debt is trading Fraudulently.
Yes it is illegal to trade whilst insolvent but just try proving it - next to impossible!!!
