Business closure/fraud advice. (18 replies)
She has a beauty salon business for 7 ish years and by all accounts doing very well. She openly admits spending 2k/month alone going out and has a big house/car etc, plus multiple holidays a year.
However, I recently found out that she had dissolved her company 2 ish years ago without saying anything, but it’s still trading exactly the same as it was before. (Location/staff/services etc).
She ‘dissolved’ her company early 2019, and in 2020 was suddenly desperate to move out of her old house, like really desperate. She told my mom she just had to get out, got rid of absolutely everything and bought new stuff in her new house. Her mortgage doubled.
Family did question her rationale at the time considering the enforced closure of her business practically all of last year and wondered where the money had come from.
I’d like to know why someone would close an apparent successful company down, yet open another one up in the same place doing the exact same thing. The only difference is a slight rearranging of words of her company name on companies house - first glance it looks the same.
I have suspicions about what my aunt has done and I would like to see if impartial opinion on here tally with mine.
If her business was failing why reopen?
If her business was good why close it?
Sorry it’s a bit long but something doesn’t add up and i cannot pinpoint why she’s done what she has. Hopefully someone on here would be more informed of business closures etc than me!