Companies House - nothing to worry about?

[Hadleigh Blue]

This is nothing to do with HMRC.

I appreciate that, I mention it as it falls under the same bracket of the fundamental management of a company and keeping your company history clean.

 

[Smiffy]

Not a good decision to delay IMO. But a decision they will hopefully learn from. This isn’t a fanbase that needs or wants to be seeing absolutely anything negative from companies house. In the grand scheme though it is minor and the reasons for it are understandable, if a little shortsighted.

They’ve held their hands up, apologised, will submit forthwith and we move on.

 

[Napster]

It's the sort of thing the Fan Advisory Board could have raised.

 

[blues exile]

Pretty basic stuff that you would have expected to have been dealt with when due. Only a formalty, but of all people, the members of COSU should know deadlines are deadlines and not carry on in the Martin tradition.

 

[WillMay333]

I would imagine the consortium would have found out exactly the same as we would have, as they mentioned there is no fine or repurcussions for delaying it so no harm is done, just a simple formality that they decided to delay until everyone was in. Can understand people being anxious about it, but dont think it needs to be blown out of proportion and compared to "Martin tradition"

Pretty basic stuff that you would have expected to have been dealt with when due. Only a formalty, but of all people, the members of COSU should know deadlines are deadlines and not carry on in the Martin tradition.

 

[hlane17]

A simple thing that COSU should have sorted before the deadline.

Can understand their reasons for leaving it but the little details matter, especially to a fanbase that has spent large parts of the last 5+ years tracking Companies House with intent.

 

[kentblues]

I get the reason. Why pay for something when you know it’s going to have to be changed in a couple of weeks and then pay the exact same fee.

These are the rules basically- you file as at the due date, then file the amendment for any changes through the year. Even if it’s two days later.

At one level it’s nothing, and many companies somehow miss the deadline- at another level it’s plain sloppy (which then will have some wondering where else they are being sloppy). Unnecessary distraction.

I would have thought they would still have to file the confirmation statement as at the due date and then the amendment showing the change- so doubt it would be around not showing how shareholdings were reallocated for the new member.

 

[Yer Blues]

This feels like basic stuff and I for one am distinctly unimpressed that this has happened.

 

[Strykr]

on pitch protest saturday then? Re-live the good old days

 

[Blues4LifeDan]

I'll firstly say, well done for COSU issuing a statement straight away to appease fans' fears but I will also say that it shouldn't have got to that really, however small the issue is.

They should have said something earlier before companies house went public and just simply said, "this is going to happen but don't worry, this is why etc."

With all our trips to court and endless altercations with companies house, letting things slide a little 'because there is no fine' is not the right attitude. I'm not saying COSU are like Ron at all, but he started pushing rules and regs early on. I'm sure they don't want fans starting to think the same about them. One would hope that this is a one off.

 

[Smiffy]

on pitch protest saturday then? Re-live the good old days

View attachment 35039

Time to get the miniature plastic kangaroos out

 

[Dave Smiths Love Child]

Time to get the miniature plastic kangaroos out

Better get boomerangs they keep coming back and saves on costs buying more

 

[rlb999]

People are latching onto this because of our experience with previous owners.
However, it’s not unusual at all for confirmation statements to be overdue.
We need to wait for something a little more meaty before we start to worry.

 

[JD]

Interesting they mention investment vehicles for the shares issued in COSU. Anyone thinking they will see names of COSU members on the CS01 could be disappointed.

 

[Special Blue]

Time to get the miniature plastic kangaroos out

Oooooh Matron!

 

[OldBlueLady]

Already done.

It's because a confirmation statement hasn't been filed. The deadline was October, and COSU were waiting until all the paperwork was aligned re. Gulati's shares. But Companies House have been a bit reactive, so they'll have to submit an outdated shareholding list and then re-file once all the paperwork for Gulati is done.

Old habits die hard!