Jack, we're confusing two different things here, the legal structure of a Company and a Companies right to access certain funds within that Company.
Best analogy is a car showroom based in IOM. There are three cars, A, B & C. The first car actually belongs to the Company and each year they upgrade it and it becomes more valuable. The other two cars are owned by you. Car A is actually a present from the Company for your hard work and loyalty. After 7 years, if you choose to leave the Company, you can take the whole car. Before then, only parts of it! However,if Jack's been a naughty boy and willfully negligent, Jack doesn't get the car. You still keep cars B & C regardless.
Whatever the outcome, the garage will always remain in the IOM as the Company does not own it, only the rights to cars A in the garage.
Happy motoring
Harry