Hi
I have returned to my works to a letter from a bailiff for business rates.
I am behind on a payment plan with local authority , now they have instructed bailiffs who are demand full rates for a year almost £10,000.
I have phoned the bailiff up asking for a payment plan - he point blank refused,
he said all money (£10k) or they attend tomorrow and remove goods, if that happens - I am out of business, its over for me - I explained this to him and said I would do monthly payments - surely that's better all round, he said they will force entry tomorrow to gain access as he has already made peaceful entry - when he delivered letter.
what can I do - ?
I though maybe a change company name or new company formation so rates from today onwards in a different company name :- the liability on the existing company would only Be April to Now - reducing debt to around £3,500
If I had the money I would have paid , we are struggling at the moment but can do £1000 month
maybe we could pay arrears £2000 ish to council
there are plenty of assets - just no cashflow.
If they are taken -I am screwed, they will go for scrap value and I will be out of business.
any help please ?