269 days ago
I don’t think Greene King (GNK) will go bust for along while but I delight in its woke folly, so typical of big corporates today. Then I discuss Gary’s piece on Bushveld Minerals (BMN) and why I am a perma bear.
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
