so ..... basically they're bust - - - continued

Lancs Lad

Lancs Lad

Well-known member
Ye Ashville are spending some coin on the yard will be superb when done build it up then sell it few years down the line. Tbf Daniel works hard at it too
Fair play to Daniel 👌 just hope them twats at isg havent screwed him over like plenty of others ☹️
Needs to be something done with these "to big to fails" idiots....
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
Fair play to Daniel 👌 just hope them twats at isg havent screwed him over like plenty of others ☹️
Needs to be something done with these "too big to fails" idiots....
couldn't agree more and some of the smaller 'pro go busters'
company law needs to change BIG time in the UK
management of these companies know exactly what they're about and don't GAF .. just run the bills up 'til someone'll take no more - cream it while you can then walk away W⚓s
more accountability and proper debtors prisons ... rot 'til the debts're settled and your family can feed you, not the prison .. most'd never see the light of day again - or it'd cure the bas*ards' negligent behaviour in the first place :mad::mad::mad:
absolutely boils my p**s
 
6

6feetdown

Well-known member
I watch and think he is just a couple of months from going bang again. My guess is that someone is bank rolling the new yard. That sort of commitment is not coming from cash flow. Invoice factoring is not for well financed companies.
Mr F maybe
 
Regy53

Regy53

I like cake
I watch and think he is just a couple of months from going bang again. My guess is that someone is bank rolling the new yard. That sort of commitment is not coming from cash flow. Invoice factoring is not for well financed companies.
I used to watch and my dad used to watch , when my old man passed i lost interest and haven’t really caught up since .

The company going pop for 600k was apparent a few years ago, I’m sure if it was bad bad it would be known, if you look at company’s house none of it makes any sense to be doing what he is so who the f knows what its about.

Daniel is a really good likeable chap il add, his work ethic and desire is admirable and i don my cap, i dont think i could do it.
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
could be another on its way ?


" The market reacted strongly yesterday to Vistry Group fessing up to getting its numbers wrong. ........ because nine development sites in the south of England had been mis-costed. ....... an unscheduled trading update revealing that its profits would take a £115m hit "
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
well here's where all the assets will have 'vanished' to

" MFG's other subsidiaries, Caldwell Metalwork Fabrication and AMC (UK) Fasteners Ltd, are not in administration. "
 
TiltyShaun

TiltyShaun

Well-known member
one that's been teetering for a while in the news ...
new plan - unload it onto your employees, walk with the proceeds and let them take the blame/hit when the inevitable collapse occurrs :mad:

Not entirely sure. But I think there are tax breaks for selling to an employee trust!!
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better

" The Sandwell and West Birmingham NHS Trust struggled to find anyone else prepared to continue the scheme under the PFI contract because the costs of finishing the project exceeded its value .......the finished hospital costing just under £1bn, nearly three times as much as in the original business case ":oops::oops:
 
Top