A management company is different from a holding company. The management company is the one that collects service charges, either directly or through an agent.
Er, we only have one company that does both. Is that bad?
No. Perfectly normal.
You may want to consider hiring a management agent or at least get advice to make sure you are asking Mr 40% for his money in the right way.
Are you carrying out the management responsibilities (eg H&S compliance) yourselves or have you appointed an agent?
@grams started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
A management company is different from a holding company. The management company is the one that collects service charges, either directly or through an agent.