131 days ago
The coming week is a big week for Lift Global Ventures (LFT) as Wednesday 31 July 2025 is the latest date for the redemption of its often-extended loan to Trans-Africa Energy Limited, a company insolvent to the tune of at least four Bernies.
292 days ago
The two companies are old favourites of this website, Hellenic Dynamics (HELD) and Celadon Pharmaceuticals (CEL). The latter has just had a cash windfall but that will get creditors onto the front foot, the former faces a very unusual winding up claim today. It is interesting.
526 days ago
I have warned JP Jenkins a number of times about Tintra (TNT), formerly the AIM Company of the year 2022. But despite shocking exposes like this one yesterday, JPJ seems happy to allow shares to be traded on its platform. Well maybe the winding up order might just change that? I kid you not.
624 days ago
You will remember that former lawyers to spoof company Eurasia Mining (EUA), the form of Gowlings, threatened a winding up order if a payment of £108,000 was not made. Eurasia sat on the bad news until THIS ARTICLE forced it to ‘fess up. Today Eurasia dissembles.
669 days ago
In today’s podcast I rush a little as I prepare for a Bonfire Night party. I start with Eurasia Mining (EUA) then its onto crypto, Sam Bankman Fried and will the market still be a wild west.
1787 days ago
The date has now been set. On 18th January a Judge will, almost certainly grant, Richard Jennings and Align Research, a winding up order against Umuthi PLC. Jennings has made 17 agreements with the company to defer payment of a low 5 figure bill and every one has been breached. But still Umuthi is trying to list on the Standard List
1816 days ago
Back on 26 August Umuthi Healthcare announced via RNS that it was to float on the (sub) Standard List of the Main Market, that is the one where those fine chaps and chapesses at the FCA are in charge of admissions. All was set for the UKLA to set a listing day in early September, we were told. But then came a delay.
3299 days ago
Oh dear, oh dear, this really does look like it is game over for old mother Worthington (WRN). It had been looking to get a Creditors Voluntary Agreement aways so that the grateful taxpayer, viz The Pension Protection Fund (PPF) got to fund its gaping deficit, and a share of future profits went to other - mainly related party - creditors but 90% of profits outside litigation winnings where it was 50% - would go to shareholders. Of course 90% of ZERO is ZERO but the pretence was there. However..
3639 days ago
Oh dear it is not a very good day for Jabba The Hutt is it? The latest bad news is that a first winding up order has been submitted to Companies house for AIM listed Solo Oil (SOLO) - see below. But who is to blame?
Is it hapless gopher Neil Ritson? Or PR genius Steffi ( at £3,000 pcm)? Or perhaps walking disaster Raylene Whitford of Sefton Resources squandermania infamy?
Of course the real issue
3927 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