1918 days ago
It is nothing to do with sticking lingerie on expenses while staff and creditors go unpaid, with the criminal charges in Malta, with the millions of pounds of other folks money she has blown, with the MSFA, FCA, SFO, HMRC, IRS and ActionFraud investigations, with the unsettled CCJs, the only reason anyone ever says anything bad about Julie Meyer is because they are men, she is a woman and thus a victim. Whatever...
3340 days ago
I record from all the best locations - this time it is a hospital!. On the podcast today I feature Afren, Quindell, CCJs, Filtronic, Monitise and Fitbug for which I have a big question. Then to Worthington, I have the Qs Doug ware should be answering about the lies and fraud, will he give an A this afternoon?
3946 days ago
This morning AIM listed Eruma (ERU) a provider of counter terrorism kit announced that its trading subsidiary and the PLC had appointed administrators. Its shares were suspended on April 10 pending clarification of its financial position and so we can assume that it is toast. This is a wipe-out. A red flag for investors should have been that Eruma had FIVE County Court Judgements for non-payment of debts against it. As it happens another 195 PLCs also have CCJ’s against their name. So who is next to go bust?
3955 days ago
If a company does not pay a bill then ultimately the easiest way to force its hand is to seek a County Court Judgement (CCJ) against it. The process costs £20 to kick off and is simple enough. Once you get a judgement you can if you need to send in the bailiffs to recover goods equivalent to what you are owed plus costs. And there are 194 listed UK companies with CCJ’s outstanding and I can reveal who they are…
I caveat this by saying that big companies will inevitably attract the odd CCJ – it is just a part of doing business. So do I read anything into the fact that Tesco or Greene King have CCJ’s against them? No.
Where it gets interesting is among smaller companies as attracting a CCJ when you are a smaller company indicates
