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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by kevywevy[/i] [br]Hi I am a Director of a small building company which consists of just myself and another who acts as the company secretary. We are in a position where we owe a total of just over £18k split between the Inland revenue and the Vat man which due to lack of contracts we are unable to pay. We have no company assets. Is it true that they can seek to obtain the money owed from any personnal assets (house) we may have ? I was under the impression that as it is limited company and if the company went bankrupt the debts would be delt within only the company. Any help would be appreciated regards kevin [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.