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by KomoD 164 days ago
This probably explains why they're not paying: https://find-and-update.company-information.service.gov.uk/c...

> Company status: Dissolved

> Dissolved on 16 December 2025

His other company:

> Company status: Liquidation

People are now attacking the guy on Instagram because I guess the developer or someone, made a Tiktok video about it.

2 comments

My guess is it wasn't deliberate. They might not even know it's dissolved yet.

It's dissolved by "compulsory strike-off", which means the registrar did it as a penalty for late filing of accounts about 4 months after their due date, and failing to send an email saying "the company is still required" to the registrar, which is enough to prevent the dissolution.

It happened before in 2021 to this company. The company was restored a few months later, which is permitted when it's been dissolved by the registrar for filing accounts late.

Restoring a company also restores its liabilities (debts), so it's clear they were not doing it in 2021 to get out of debts.

My guess is it's an oversight by the owner, who is prone to filing things late and doesn't have an accountant. It's quite common in the UK for single-person companies to not have an accountant, and to not know all the rules.

Plenty of health conditions or life events can cause an oversight like this, especially for someone who is already prone to filing close to the deadlines.

After the company is dissolved this way, it's unlawful to continue trading, which includes paying suppliers from company funds. The owner immediately loses all company assets. Their bank accounts may be frozen or closed quickly, so they might suddenly find themselves without access to their funds. That can be a awkward if the owner wasn't expecting it, or if they don't even know it's dissolved. Business banks in the UK freeze account access for other inscrutable reasons sometimes, so it's not always obvious when the reason is dissolution.

This doesn't excuse not replying to the supplier to explain, unless they are really unlucky and lost access to their paid Google account or similar as a side effect as well. Or if they had the kind of sudden health condition or life event that causes a person to miss filing deadlines.

> Restoring a company also restores its liabilities (debts), so it's clear they were not doing it in 2021 to get out of debts.

Was it clear that wasn't the reason they were not doing it, or was it clear that the reason they were not doing it was to get out of debts?

They did it, so both of those are ruled out by context.

That's how I talk, and admittedly some people find how I talk confusing when I think it's clear. Thanks for the amusing heads up on language interpretation!

In pseudo-code: (clear (not (eq (reason for doing it) (to get out of debts))))).

The thing about dissolving a company is that they generally should have done it before getting a bunch of services without paying for them.

Like a gambler they think the big win is coming any second and they drag it out too long, leaving a bunch of unpaid bills behind then.

Really no reason to speculate. Could be a life crisis, ill health ect.
Or worse, planned on not paying in the first place and made off with investor cash while maintaining the appearance of moving on their venture.
I want to be a producer!
As a contractor some of this is on you also. Before extending credit to a client you should do some due diligence on their ability to pay.
I worked at a couple places where the vendors got wise and moved to cash in advance or net30 from net90 for us. We probably deserved it.
But how? Make them show me their books? Aside from a downpayment idk what else there is
You could do a credit check.

And in this particular case since they're a UK company, yeah, you can just look at their reported accounts.

2023

CURRENT ASSETS: £571

Creditors: Amounts Falling Due Within One Year: £28,051

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That's not a client I'd take.

As a customer or a vendor, being able to see any company's health like this must be wonderful if you're evaluating whether you want to enter a relationship with them. More of the world should do this.
I legitimately did not know we could do that in the US. A cursory search says we can I think?
Wait, what, Anyone can check the balance of a UK company's chequing account?
Limited liability companies have to submit their accounts annually. Most small business accounts aren't audited, so it's self-reported at that level, but still useful to check scale, cash crunch, etc.
Well isn't it possible that this is a recurring service? Like that he's also buying web hosting from the web dev