blakey6667
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Director withholding company funds
blakey6667 replied to blakey6667's topic in Employment and minimum wage problems
Thanks Atlas01, we've literally only just formed the company so we can't afford to go and get a solicitor involved at the moment... I think it's going to get complicated pretty quickly! -
Director withholding company funds
blakey6667 posted a topic in Employment and minimum wage problems
Hi All, Apologies if this is in the wrong forum - I couldn't find anything that exactly matches my problem. Myself and 2 others setup a company (we're each directors with 2 shares each and we have a shareholder who isn't a director who also owns 2 shares, so we own 25% each). The main problem we have is one of the directors is withholding several thousand pounds cash (from an event we ran) from the company and we're not sure exactly what we can or should do about it. We have several witnesses that the director has the money and we have an email that confirms the amount. Also - we've literally just discovered that they have either stolen money from the till in the shop or have stolen stock... Any ideas what the best resolve for this problem is? Myself and the other director are thinking of involving the police - but we're not sure if they'll even do anything about it... If there are any questions please let me know and I'll do my best to answer them. Kindest Regards, Craig
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