r00lish67
Member of DD Central
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Post by r00lish67 on Dec 28, 2016 8:44:38 GMT
I was just looking at my remaining shrapnel on LC (yep, I'm bored!) and saw that I still have a piece of this loan and was curious as to how the company is getting on in life.
So, over at Companies House, I saw they have 2 outstanding charges. The first is ours, and is a Floating charge which "covers all the property or undertaking of the company". The other charge is from a big bank and was registered later than ours (Sept 2016) and is described as a Floating charge (which) "covers all the property or undertaking of the company".
I'm not really expecting this to be anything actually awry, probably more of a reflection of my lack of understanding of the legalese in the details of the charges, but does anyone understand what's going on here?
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