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#Post#: 29110--------------------------------------------------
Re: Pepipoo offline again
DIR By: peodude
Date: July 8, 2024, 9:27 am
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I'd say at that stage it's looking pretty terminal. Fortunately
the admin of this group had the foresight to transfer the major
contributors to this new site.
#Post#: 33312--------------------------------------------------
Re: Pepipoo offline again
DIR By: roythebus
Date: August 14, 2024, 1:32 am
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Goodbye Pepipoo, the first application to have the company
struck
off.
HTML https://find-and-update.company-information.service.gov.uk/company/05196712/filing-history
#Post#: 33824--------------------------------------------------
Re: Pepipoo offline again
DIR By: typefish
Date: August 19, 2024, 9:19 am
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What would happen to the assets of Pepitec, namely approximately
£30k?
If anyone had donated to Pepipoo previously for the purposes of
keeping the site online, could they put in an objection to the
company being wound down? The idea being that any of their
previous donations are obviously no longer needed, and thus with
such an excess of liquidity that's going to the directors, the
donation could be returned?
#Post#: 33834--------------------------------------------------
Re: Pepipoo offline again
DIR By: Southpaw82
Date: August 19, 2024, 10:12 am
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Why would any assets go to the directors?
#Post#: 33852--------------------------------------------------
Re: Pepipoo offline again
DIR By: The Rookie
Date: August 19, 2024, 1:46 pm
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--- Quote from: Southpaw82 link ---
>
> Why would any assets go to the directors?
>
--- End Quote ---
They wouldn’t but they would normally go to the owners (after
settling any liabilities) who in this case are the same people
(unless their are other shareholders with less than 25%).
#Post#: 33856--------------------------------------------------
Re: Pepipoo offline again
DIR By: Southpaw82
Date: August 19, 2024, 2:27 pm
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--- Quote from: The Rookie link ---
>
> [quote author=Southpaw82 link=topic=612.msg33834#msg33834
date=1724080376]
> Why would any assets go to the directors?
>
--- End Quote ---
They wouldn’t but they would normally go to the owners (after
settling any liabilities) who in this case are the same people
(unless their are other shareholders with less than 25%).
[/quote]
Even if the company is struck off?
#Post#: 33909--------------------------------------------------
Re: Pepipoo offline again
DIR By: The Rookie
Date: August 20, 2024, 7:08 am
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--- Quote from: Southpaw82 link ---
>
> Even if the company is struck off?
>
--- End Quote ---
If left in at the point of strike off, then no (go to the
crown), but usually the assets will be emptied before the actual
striking off (especially with a voluntary SO where the
directors/shareholders can pre-plan). That could well/likely
perhaps have already happened and we would have no way of
knowing.
#Post#: 33913--------------------------------------------------
Re: Pepipoo offline again
DIR By: Southpaw82
Date: August 20, 2024, 7:18 am
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--- Quote from: The Rookie link ---
>
> [quote author=Southpaw82 link=topic=612.msg33856#msg33856
date=1724095623]
> Even if the company is struck off?
>
--- End Quote ---
If left in at the point of strike off, then no (go to the crown)
[/quote]
Well, that’s the question posed, isn’t it?
#Post#: 33917--------------------------------------------------
Re: Pepipoo offline again
DIR By: The Rookie
Date: August 20, 2024, 7:47 am
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Not as I read it
--- Quote from: typefish link ---
>
> What would happen to the assets of Pepitec, namely
approximately £30k?
>
--- End Quote ---
Was the question, so the answer is the directors/shareholders
have probably removed it already (if they have any sense as it's
they who are applying for the strike off), but if left in then
it would go to the crown.
I see no rhyme or reason why they would leave the money in?
#Post#: 33922--------------------------------------------------
Re: Pepipoo offline again
DIR By: stamfordman
Date: August 20, 2024, 9:10 am
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You can see from the timeline on Companies House that the
deadline to file accounts (31 May) was missed last year and the
company was set for compulsory strike off. That was averted,
late accounts filed no doubt with a penalty, accounts filed on
time this year, at least 3 months no trading, and Bob's your
voluntary strike off.
Any cash will have been taken out but how we have no idea - over
£25,000 it has to be paid by dividend I think not capital but
there may have been other things in place such as a loan by a
director to the company.
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