Directors Loan Account

Question asked by carl 2 years ago

My company is in liquidation and the liquidators are saying I owe 75k. But the directors loan account is a positive figure, meaning the company owes me money from wages i havent taken.

How can I prove this to them?

I am right in saying a positive figure is owed to me?

clearbooks
Write reply1

1 Reply

Hi Carl,

Apologies for the delay. A positive figure on the DLA would usually indicate the Director owes the business money. You can download the DLA statement by heading to Money > Bank accounts > Click on the DLA balance > Select the date range and export as csv.

Tommy

Best answer
12 months ago

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are

Apps

Company

Social