I am sole director of a limited company. The costs this year will exceed the available funds if everything was settled up. The company still has good cash in bank because it owes money to the director (myself) which has not been drawn.
I wish to keep the company open since future trading income and profits are due. No money is owed to any other party. My accounts now show negative share holders funds.
Is it OK to file accounts with negative share holders funds with HMRC and Companies House (UK)? Would the company be seen as insolvent? If I want to keep the company active do I need to inject funds e.g. via loan or share purchase?
This is a UK question.