Marmalade
Well-Known Member
I signed up at the boat show - now they've gone bust! Surely at the boat show they would have known they were in trouble?? Unspeakably P***ed off
Reeds online - gone bust
- Thread starter Marmalade
- Start date
bastonjock
Well-Known Member
hope that you did not loose a lot of dough buddy,its difficult times at the moment
CPD
Well-Known Member
In case you havent seen it ......
http://www.ybw.com/auto/newsdesk/20090124124906mbynews.html
http://www.ybw.com/auto/newsdesk/20090124124906mbynews.html
Marmalade
Well-Known Member
It's not the money - only £35 but the principle that they were still selling subscriptions at the boat show when they must have known that they were in trouble - companies don't fail from nothing in 5 weeks.
Not only that but once the site has been created you've done all the hard work - why not leave it up for those who have bought the service
Not only that but once the site has been created you've done all the hard work - why not leave it up for those who have bought the service
Koeketiene
Well-Known Member
Peters Opal went tits up a couple of weeks after S'Hampton Boat Show - they were still selling (or trying to) boats then. /forums/images/graemlins/mad.gif
Nothing new under the sun /forums/images/graemlins/frown.gif
Nothing new under the sun /forums/images/graemlins/frown.gif
Cantata
Well-Known Member
They gave a talk at a local club here just a few days before the announcement.
FullCircle
Well-Known Member
at least it was only 35 quid on a book/software. My pension pot went down by 23000 quid in the last 12 months, and those buggers are still trading.
sailorman
Well-Known Member
hows yer meat n 2 veg /forums/images/graemlins/ooo.gif Jim
FullCircle
Well-Known Member
[ QUOTE ]
hows yer meat n 2 veg /forums/images/graemlins/ooo.gif Jim
[/ QUOTE ]
see Cutter thread Rog. /forums/images/graemlins/grin.gif
hows yer meat n 2 veg /forums/images/graemlins/ooo.gif Jim
[/ QUOTE ]
see Cutter thread Rog. /forums/images/graemlins/grin.gif
CPD
Well-Known Member
I think I can see this trading until the last minute thing from the company's perspective. As soon as you whisper you are going, you are as good as gone, so you have to keep shtum until you really are gone. Doesn't make it right though. Far from it.
moondancer
Well-Known Member
There are obligations on a Director to only trade when in a solvent position. I believe that it is illegal to trade in the knowledge, or if it is obvious, that you will be going bust.
FullCircle
Well-Known Member
[ QUOTE ]
There are obligations on a Director to only trade when in a solvent position. I believe that it is illegal to trade in the knowledge, or if it is obvious, that you will be going bust.
[/ QUOTE ]
That was me buggered for several years on the trot then. However, my accountant told me to go bust and bankrupt in 2001, but I persisted, and, little by little, I got my account to zero again. Wouldn't admit to more than that, or I would have started to pay tax.
There are obligations on a Director to only trade when in a solvent position. I believe that it is illegal to trade in the knowledge, or if it is obvious, that you will be going bust.
[/ QUOTE ]
That was me buggered for several years on the trot then. However, my accountant told me to go bust and bankrupt in 2001, but I persisted, and, little by little, I got my account to zero again. Wouldn't admit to more than that, or I would have started to pay tax.
