Companies House Advice

I’ve got an interview for a job on Wednesday but whilst investigating the company, I’ve found that they have 3 charges listed on Companies House none of which have been satisfied or part satisfied.
They also seem to have a few companies registered with very similar names and the directors have ceased to be directors and then been reappointed later on.

It’s a relatively new company (set up in Covid by the looks) so a bit difficult to judge on their accounts.

Would anything above stop you wanting to work there?

 

If they are Wednesday supporters

 

I’ll add it to my list of questions to ask them.

 

Depends what the "charge" is. Are we talking a charge in relation to non-payment or a charge in relation to security of something they've borrowed against (e.g. a mortgage)? It's not uncommon to have a charge over a corporate bank account especially if they are using a funding line from a bank/PE house.

 

Sounds really dodgy to me.

 

You change jobs more than I change my pee stained undercrackers.

Are you secretly a soldier of fortune and are touted out to local companies by the A-team?

 

If you could clarify charge as its commonly against funding.

As for other companies with similar names, it could be part of a group structure, could be used as a parent holding company, to protect intellectual property, brand or domains or some other reason. It could also have been the original name of the company and as part of a later rebrand (they can occur quickly) they migrated to a new limited company structure.

Of course, their may be other motives... But you're probably best subtly digging at your interview. But I wouldn't naturally assume something was untoward based on the limited information what you've shared.

 

Nope.

 

Not called Hortor are they?

 

If you haven't already done so you can click on each directors name and see what else they've been involved with.

 

No.

 

Onwards and upwards @DJB if you’re standing still you’re moving backwards!

 

This is from 2022

 

Are they selling PPE?

 

Not as of yet...

I've done a bit more digging and it looks like they are for Debenture, which as I understand it is nothing to be too worried about, particularly for new companies.

 

I think the floating charges are something to do with the flushing of the toilets in their properties

 

All that means is they have borrowed money and the lender has levied it against assets.
Quite standard in business.