Hmmm... If it's anything like the Belgian Ltd. company, it's probably shares issued but not paid. The amounts in Belgium are lower, but here also half the share

Hmmm... If it's anything like the Belgian Ltd. company, it's probably shares issued but not paid. The amounts in Belgium are lower, but here also half the shares can be unpaid. If the company goes bust, the shareholders are still in it for the remaining amount! Also, as a company director your first act can be to transfer that 17,5k back to your personal account (of course you'll need to book it as wages or a loan by the end of the accounting year). So in effect you just need to scrounge together the 17,5k for one week, then during the year you'll be paing taxes etc. on it to wash it through the system, but you would probably be out about half of this amount.