Limited Company

[WTF202333]

During separation my ExH has closed down his limited company and opened a new one (same work, just a different name) I was a 50% shareholder in the original company - should I have been informed of the closure and paid a closing dividend?

If he dissolved the company he would have had to declare that the company hadn't traded for 3 months, and transferred any assets out (otherwise they transfer to the crown on dissolution).

Then he would have had to give all interested parties (including shareholders) notice.

Sounds like he hasn't done this. Was the company making money? Did it own assets?

@Tulipblank the company was simply a vehicle for his earnings (he works in offshore oil and gas) It had ‘fixed assets’ of £35k in 2022, whatever they were 🤷🏻‍♀️

See a solicitor.

If it was just a service company then he would have been advised to start a new one following separation so that is unsurprising. His earnings may have been paid out to him as a salary - the only asset may have been cash, so that would be legitimate but you should be able to see the accounts as a shareholder. You can look up the company online at Companies House to check whether it still exists and what has been filed.