jlend
Member of DD Central
Posts: 1,817
Likes: 1,444
|
Post by jlend on Jul 17, 2018 9:20:47 GMT
Thanks.
I'm not sure at what stage they start the striking off procedure but it can't be long from now. Accounts were due 31st December!!
RS replied saying there was no link between the accounts being late and the performance of the loan book. They didn't say why the accounts were late and when they are likely to be published. I have now asked when the accounts will be published to keep it simple.
|
|
|
Post by propman on Jul 17, 2018 16:59:26 GMT
My guess is that they do not want to support future shortfalls and so the auditors are querying whether they are a going concern. the reply didn't go as far as to say loans would be repaid on time, just that there owuld be enough money to repay the loans. i suspect that this includes late repayments and recoveries from repossessions.
- PM
|
|