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Found 1 result

  1. Hi all, As the administrators have said we should carry out dicussions here, I thought I would kick it off. Thanks to Dogshead for leading on the request to Companies House. I have suggested to him that he overtly state that we believe Smart Live has been trading whilst insolvent. This seems quite probable given how long people have been owed money and the fact they kept making excuses or ignoring your communications. If this is found to be true, then even the directors can be held personally responsible to pay back debts and barred from being a director for 15 years. Otherwise, since it is a limited company, it is harder to hold anyone responsible but the company itself (even the shareholder's liability is limited). This is part of the fraud issue and since it has been overtly stated that they were trading without a licence, I believe it is worth stating this other part of the issue overtly too.
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