ILR Application - Skilled Worker - Advice Needed

[Costarix1981]

Hello All,

I need some advise from this knowledgeable forum on my ILR application case.

I am currently on a Skilled worker sponsored by my company in the Telecom space. My visa started Jan 2021 and i am eligible to apply for my ILR in Jan 2026 (coming year). My child is also dependent on me.

I was also on a Tier 2 ICT visa within the same company before moving to the Skilled worker visa.

In Feb 2021, during Covid, my colleague and I opened a Limited Liability Partnership in the UK itself and put in some of our savings together to do some joint investments together. We invested in a few financial stocks and ETFs, and then as the investments were making losses, we closed down the investments and the LLP, and just divided the funds between us - Loss rather than any profit. The LLP application to close it down was in Mar 2022 and then Home Office dissolved the company in May 2022. Since the LLP was loss making we didn't pay any taxes and there is no linkage of the same to our HMRC account under PAYE. The only thing is that on the Home Office Company House website it shows us as Directors of the company and the company is dissolved.

I wanted to seek the advise of the forum members if this will affect my ILR application in anyways & what should i do as a recourse:
1. I didn't consider this as supplemental work - as i just made a joint investment company with my colleague. How will the UKVI look at this
2. Should i formally declare all of this in any additional document during my ILR application, as there is no section to write any of this in the ILR
3. Will the UKVI come back to me with any questions, rather than directly cancelling my ILR application, if i do not declare this at the start.

Any help and guidance will be very valuable.

Regards

[zimba]

UKVI very likely has no interest regarding this

[Costarix1981]

Thank you for the response.

Do I need to provide these details when i submit an application for my ILR under the skilled worker visa rule.

Or just avoid it totally. I fear they might not even give me a chance to explain and the disapprove my application.

Or do you think that if they find about the LLP via the Home office check then they will ask me for an explanation.

Regards

[zimba]

This has no relavance to your ILR