2042 days ago
Whatever you say darling. But the register of CCJ's suggests something very different. Julie Meyer MBE is now on a hat-trick. Of course she also owes the HMRC, IRS, Barclays Bank and others vast amounts of cash but now it seems that another person, owed, £10,585 has been forced to seek a County Court Judgement against her as you can see below.
3340 days ago
Folks dismissed the County Court Judgement against Quindell revealed HERE at the weekend as a one off but now I alert you to the fact that its ACH Subsidiary (for which it paid £31 million as part of the fraudulent RTA deal) faces a winding up order because it has not paid its bills.
The notice was published in the London Gazette today
3345 days ago
Managing a company that has run out of cash is hard. You must delay paying bills until the last possible moment, keep the banks happy, try to generate cash however but in the end something cracks. If like Quenron you have net debt and are burning cash, you can stretch your average payment terms out to a disgraceful 122 days (and climbing) but in the end someone you owe money to takes you to court and gets a County Court Judgement (CCJ) against you. For investors this is a massive red flag.
