markr
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Post by markr on Feb 10, 2014 20:31:32 GMT
Oh dear, oldgrumpy may need a new name?! Wait though, B**tl*oc* has gone wobbly today .. do you have any of that?? I have some of that, boo hoo, "Cons****tion C****ny Pl*nt H*re" 1756 has gone all liquidator on us today as well. Maybe I'll get my pound of crane after all, or maybe I'll just get the aspidistra out of reception.
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oldgrumpy
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Post by oldgrumpy on Feb 10, 2014 21:00:24 GMT
Oh dear, oldgrumpy may need a new name?! Wait though, B**tl*oc* has gone wobbly today .. do you have any of that?? I have some of that, boo hoo, "Cons****tion C****ny Pl*nt H*re" 1756 has gone all liquidator on us today as well. Maybe I'll get my pound of crane after all, or maybe I'll just get the aspidistra out of reception. Even OG is in a good mood sometimes.  No throttleknock (whatever that is) and no 1756. Got a bit of HP restaurant though, and they are trying to pay up bit by bit.
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Post by bracknellboy on Feb 10, 2014 21:36:10 GMT
Got a bit of HP restaurant though ... They were a bit saucy taking our money.
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markr
Member of DD Central
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Post by markr on Feb 11, 2014 10:03:02 GMT
Moderators... B**tl*oc* is a trademark of the company in question so it should probably be redacted (or we could call it a throttleknock!)
OG, it's a thing that lets you buy bottled water at festivals 'n' stuff.
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Post by bracknellboy on Feb 11, 2014 11:11:30 GMT
Thanks, done.
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markr
Member of DD Central
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Post by markr on Feb 11, 2014 13:12:42 GMT
More bad news, Whole**** And Web**** Exp****** 1364, a flawless performer so far, has been downgraded.
But good news, Cap**** Expend**** For Exp****** 1373 has just cleared 3 months arrears in one fell swoop and is up to date, and even better an autobidder has just bought the lot.
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Post by phlitb on Feb 11, 2014 13:41:06 GMT
But good news, Cap**** Expend**** For Exp****** 1373 has just cleared 3 months arrears in one fell swoop and is up to date, and even better an autobidder has just bought the lot. Even better, I sold mine with a mark-up!
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blender
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Post by blender on Feb 11, 2014 14:15:23 GMT
Well what a surprise, some of the Zombie (sorry 'delinquent') loans pay up when threatened with default and liquidation. Money is magically found. Only a few, perhaps, but better than the 'no defaults' policy.
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blender
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Post by blender on Feb 11, 2014 14:17:44 GMT
More bad news, Whole**** And Web**** Exp****** 1364, a flawless performer so far, has been downgraded. But good news, Cap**** Expend**** For Exp****** 1373 has just cleared 3 months arrears in one fell swoop and is up to date, and even better an autobidder has just bought the lot. Are you sure it was an autobidder? Not if the same person bought more than one part.
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ton27
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Post by ton27 on Feb 11, 2014 18:22:44 GMT
...and more bad news.
T** N** T***** - ID1296 has gone into "dissolution". This was a large loan at £250k and has "specific asset security" and is "Director Guaranteed". It will be interesting to see how much is recovered.
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mikeb
Posts: 1,072
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Post by mikeb on Feb 11, 2014 19:20:15 GMT
...and more bad news. T** N** T***** - ID1296 has gone into "dissolution". This was a large loan at £250k and has "specific asset security" and is "Director Guaranteed". It will be interesting to see how much is recovered. I've tried googling, but had no luck, but what DATE did this dissolution notice become public knowledge, as FC downgraded the loan today (11th) based on this notice?
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markr
Member of DD Central
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Post by markr on Feb 11, 2014 19:40:42 GMT
...and more bad news. T** N** T***** - ID1296 has gone into "dissolution". This was a large loan at £250k and has "specific asset security" and is "Director Guaranteed". It will be interesting to see how much is recovered. I'm in this one too, but I'm not going to lose too much sleep over my £15.01!
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Post by bracknellboy on Feb 11, 2014 20:31:24 GMT
...and more bad news. T** N** T***** - ID1296 has gone into "dissolution". This was a large loan at £250k and has "specific asset security" and is "Director Guaranteed". It will be interesting to see how much is recovered. I'm normally a magpie for "specific asset secured" loans on FC, but don't seem to have this one. However, I have a strong feeling based on the ***'s and size tht this might be the one which someone else who is active on this forum once said he was "still expecting to get a wing mirror" from. However, I treat FCs statements of 'has gone into dissolution' with a pinch of salt based on prior experience. I don't think (famous last words) I've ever had one where that was actually true: they have always been cancelled/struck out. Late filing of accounts Does this loan by any chance involved quarries ? And a director/owner who was abroad (In the states ??) and therefore Q's didn't get A'd ? I'm probably barking up the wrong tree.
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mikeb
Posts: 1,072
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Post by mikeb on Feb 11, 2014 21:24:58 GMT
...and more bad news. T** N** T***** - ID1296 has gone into "dissolution". This was a large loan at £250k and has "specific asset security" and is "Director Guaranteed". It will be interesting to see how much is recovered. I'm normally a magpie for "specific asset secured" loans on FC, but don't seem to have this one. However, I have a strong feeling based on the ***'s and size tht this might be the one which someone else who is active on this forum once said he was "still expecting to get a wing mirror" from. However, I treat FCs statements of 'has gone into dissolution' with a pinch of salt based on prior experience. I don't think (famous last words) I've ever had one where that was actually true: they have always been cancelled/struck out. Late filing of accounts Does this loan by any chance involved quarries ? And a director/owner who was abroad (In the states ??) and therefore Q's didn't get A'd ? I'm probably barking up the wrong tree. The only company I can find with the same name on CompanyCheck is marked as "Not Trading". The loan does involve a couple of new large vehicles for tartan patterned concrete  It's just I have an interesting timing issue with this loan being on the market (dumped?) so close to this event -- and me picking it up only for it to almost immediately be downgraded. Of course, it could be coincidence, but wanted to know the actual date involved -- formerly solid payment history, asset backed as has been mentioned.
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jimbo
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Post by jimbo on Feb 12, 2014 0:53:28 GMT
There have been potential warning signs with this one that I've been receiving via company check alerts for the last few months now, such as frequent credit rating changes and most recently in the last week, a change of name. I sold out of most of mine around 6 weeks ago on the basis that they appeared to be late filing accounts. I retained a small exposure though on the basis that the loan had specific asset backing, so it will be interesting to see what happens...
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