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Nothing in there we didn't already know. This 64 page document was already noted ok this forum a few weeks ago. Too many debts and not enough money from the proceeds of sale, shareholders will see zilch.
Now available on below link...
Will be available in ten days' time on the gov.uk website here: https://find-and-update.company-information.service.gov.uk/company/06744840/filing-history
Go back to school or get treatment from mental hospital
Mate, you shouldn't be let anywhere near a computer, never mind the stock market.
Your previous posts say that you invested just under £4k here - how's that going for you?
Your investment is gone, kaput, written off.
Jpp8788
You need to go back to school
Oh my god there's some total idiots on these forums
£4,748k is £4.7m - what part of that is unclear!?
Ahh, rather par for the course, can't see wood for trees - paying attention to the analogy but missing the point. ;-)
People threw money at this as a thematic proposition without considering why. Background research, nah...
As the red flags waved they waved back.
Jp,
these two figures does not make even a million pound.
this is below 1m
Are you stupid? Read the administration report
"Non-preferential unsecured creditors are estimated to be in the region of c.£4,748k for SGP and c.£3,206k for SSP."
That's £7.9m of money that people want back
10k owed to vox markets is one I noticed
JPP there isn’t 7 million worth debt that’s nonsense. IMHO DYOR
You're so wrong - the company has plenty of debt... Have you not seen the huge list of debtors on the administrators report?
Forget to mention about creditors
there is no secured creditors nor freefloat chargeholders
only employees and hmrc etc
so as far administrator reports not much debt the company has.
Hilco auctions sales not included in administrator reports.
Significant assets not included in the sale of business and assets from Sunderland.
also Dutch subsidiary investigating to find any value, so to j/v India. we know j/v is profitable so some sorts of value to be added. so the next update will be important for shareholders.
What sort of nasty kitchen spillages might that be? Tony Gott’s receipts? What happens at work, stays at work. That’s the motto right?
Not "nothing happening" but a clean up operation, as one might with a nasty spillage in the kitchen where the evidence has to be removed before the other half gets home.
So we have roughly £2.4m from the sale and £1.1m in the bank. For a kick off, we have £7m worth of non-secured, non-preferential debtor's who will get a look in before we do.
See ya.
Exedy paid £2.46m for saiettas assets
and 49% vna j/v still to be value.
Sounds doesn't looks good to me
saiettas assets book value £30.8m expected to sell £3.6m
this is excluded 49% vna joint venture.
https://www.ey.com en_uk sale
Just checked in and found sleuths have found our buyer well indeed thanks go to Blockchains. However they have announced to world so it would be nice if administrators/company could release info to us soon. We shouldn’t have to find out oursleves. However optimistic of some return to shareholders if they bought the lot. Let’s hope administrators got a good price! Clearly valuable if this top Japanese company bought it from us! IMHO DYOR
So Padmini VNA entered into a 50:50 joint venture with Saietta with one of Boris’s oven ready deals, and Parmini had no interest in buying the other half??
So a company listed on Tokyo exchange has brought the intellectual and other stuff off SED.
Anyone know if we can buy into that share to try and cut our losses?