Southends Looming Administration

[Rousey22]

Hi all

As some people know I work in the Insolvency sector and have a bit of an inside track on whats happening...

Looks like its almost definitely going to happen... and lead runners for it are likely to be Baker Tilly or Begbies Traynor who did Southampton...

I also know someone who was at the high court yesterday and to be honest, as much as it pains me to say it... the £690k is just the start apparently.... but I'm not willing to say the figure for overall

Will keep you posted!

 

[BrettieAngell]

Hi all

As some people know I work in the Insolvency sector and have a bit of an inside track on whats happening...

Looks like its almost definitely going to happen... and lead runners for it are likely to be Baker Tilly or Begbies Traynor who did Southampton...

I also know someone who was at the high court yesterday and to be honest, as much as it pains me to say it... the £690k is just the start apparently.... but I'm not willing to say the figure for overall

Will keep you posted!

2.1 Mill by any chance?

 

[Onion_Bag_Dave]

We're all doomed!

 

[Rousey22]

2.1 Mill by any chance?

Fair play mate lol... You can tell I don't come on here that much!

 

[Southminster_Shrimper]

Fair play mate lol... You can tell I don't come on here that much!

or read the echo? ;)

 

[Rousey22]

or read the echo? ;)

haha another thing I don't read!! Although I'm told their not always truthful but it appears they are on this one..

 

[BrettieAngell]

Fair play mate lol... You can tell I don't come on here that much!

Thats alright mate.

 

[Cricko]

Or read this Forum enough..;)

http://www.shrimperzone.com/vb/showthread.php?t=55658

 

[Boreham Shrimper]

haha another thing I don't read!! Although I'm told their not always truthful but it appears they are on this one..

I think they just turned up at the court and actually listened to what was said by the **** from HMRC for once, rather than just making it up as they usually do :stunned:

 

[Southminster_Shrimper]

haha another thing I don't read!! Although I'm told their not always truthful but it appears they are on this one..

outrageous :D

i would be surprised if many on here truly believed the £690k (or whatever the figure is) was the end of it. Merely the debt that has the most urgency to pay. I am sure there will be more.

 

[Rousey22]

Even if they do pay that debt... someone else will come out of the woodwork and petition... just the nature of the beast.. especially now they know there are troubles

 

[Matt the Shrimp]

Even if they do pay that debt... someone else will come out of the woodwork and petition... just the nature of the beast.. especially now they know there are troubles

While that's normally right, overwhelmingly the largest creditors of SUFC are Ron and his various companies.

Not sure how many other creditors are out there at the moment...

Matt

 

[Mad Cyril]

While that's normally right, overwhelmingly the largest creditors of SUFC are Ron and his various companies.

Not sure how many other creditors are out there at the moment...

Matt

I didn't want to say anything but my friends and I still have not received the wristbands we are owed from our sponsorship of Drewe Broughton.

 

[South Bucks Shrimper]

2.1 Mill by any chance?

We're going to need bigger buckets! :stunned:

 

[McNasty]

While that's normally right, overwhelmingly the largest creditors of SUFC are Ron and his various companies.

Not sure how many other creditors are out there at the moment...

Matt

SSsssssssssshhhhhhhhhhhhhhhh Matt. We don't want people leaping on the band-wagon thinking SUFC is skint. Keep it quiet mate.

 

[THE SEVENTIES NORTH BANK]

I didn't want to say anything but my friends and I still have not received the wristbands we are owed from our sponsorship of Drewe Broughton.

That's very bad luck. As they were not popular, there was only Five of the Drewe Broughton's printed, they are worth a fortune now.