Every company has its own legal personality, which is not the same as the identities of its shareholders, directors, parent or subsidiary companies. If the company has been incorporated as a UK limited company, the liability of its shareholders is limited as they are liable to pay for their shares only but not the company's debts. As such, a company's creditors would not be permitted to issue proceedings against a company's shareholder(s).
However, specific circumstances may permit the creditors to “pierce the corporate veil” to satisfy corporate obligations by levying against assets of the shareholders. This includes when a person evades enforcement or deliberately frustrates enforcement by inserting a company under their control. Although, if there is another legal remedy, piercing the corporate veil will not be necessary and will not be available.