Scewfix Claimform - I was a Director of Ltd co.

[JoPink]

Hello, I hope someone can advise.

I am looking for some assistance.

 

 

I have just recieved a Small Claims Summons from a large organisation

chasing a debt from a Ltd Company I was a Director for the sum of £840.70.

 

 

The company I was a Director for dissolved in June 2015.

I signed a trade account agreement in my name on behalf of the company as I was the Director.

 

 

The company only had a £750.00 trade limit.

It was a trade account but yet the large organisation is chasing me personally now for the debt.

 

 

I started the business in the hope of success but was not paid by several customers

and did not have the monies to chase the debt

so closed the company as it was no longer viable and I got a job.

 

 

Am I liable for this debt and do I have to pay?

[citizenB]

I have asked others on the site team if htey can help.

 

 

Can you please let us know the date of issue of the claim ?

[BazzaS]

Hello, I hope someone can advise. I am looking for some assistance. I have just recieved a Small Claims Summons from a large organisation chasing a debt from a Ltd Company I was a Director for the sum of £840.70. The company I was a Director for dissolved in June 2015. I signed a trade account agreement in my name on behalf of the company as I was the Director. The company only had a £750.00 trade limit. It was a trade account but yet the large organisation is chasing me personally now for the debt. I started the business in the hope of success but was not paid by several customers and did not have the monies to chase the debt so closed the company as it was no longer viable and I got a job. Am I liable for this debt and do I have to pay?

 

1) did you sign the form as an individual? or as a director of the Company?

2) If as a director, did you offer a personal guarantee?

 

If signed as a director, and no personal guarantee ..... tell them to pursue the company

[oriental1]

Hi

 

Do you remember signing a personal guarantee?

If not then as you are a ltd company,

they can only go for the assets within the company.

 

 

As the company is dissolved,

they need to pay to get the company out of dissolvement to then try to get the outstanding money

. (never worth it for a small sum

[dx100uk]

can you fill this in please

http://www.consumeractiongroup.co.uk/forum/showthread.php?419198-You-have-received-a-Claim-What-you-need-to-do.-**UPDATED-December-2014**

and post the Q&A back here.

 

 

not screwfix is it?

 

 

dx

[citizenB]

If you signed a PG as Director...then that would supersede the LTD company liability of the debt. PGs should not be used for sole traders or partnerships (except LLPs) as any debt of the company is deemed as a personal liability of the business owner(s) and so a PG is not required.

 

A personal guarantee is personal and has nothing to do with the company

 

You will need to check the validity of the Personal Guarantee - if you did sign one.

[dx100uk]

So what is happening

You've sent a pm to yes its screwfix

[JoPink]

So what is happening

You've sent a pm to yes its screwfix

 

I am currently disputing a case based on the fact I signed a credit agreement not a personal guarantee with Screwfix Direct and there seems to be a lot of people who have went through the same. I was wondering if anyone has won in court against this giant.?