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Post by aloanatlast on Jun 20, 2014 15:21:21 GMT
6631 - West End restaurant (not that one) borrowed £108K in April, already wants another £50K. Same pitch exactly. No security, no explanation.
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blender
Member of DD Central
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Post by blender on Jun 20, 2014 15:52:15 GMT
Did we forget to leave a tip?
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Post by aloanatlast on Jun 20, 2014 18:51:29 GMT
And 6625 is another one back for another bite after 3 months.
Got a queasy feeling about this one. The pictures on the website have a strangely non-photographic quality - unsurprisingly as very few of the advertised range of models seem to have actually gone into production.
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baz657
Member of DD Central
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Post by baz657 on Jun 21, 2014 6:19:53 GMT
6625 works out of a PO box (according to their website), it admits that the phone number goes straight through to an answerphone. A search of the directors name brings up a forum where it's stated that the said director asked for pre-payments into a personal bank account. Well dodgy.
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Post by davee39 on Jun 21, 2014 7:48:42 GMT
6625, As a model rail enthusiast I just wish I could afford one of their models (Lottery please!!!).
I found many references to the co when I invested in their first loan (Dumped due to late 1st payment). The company is well known (favorably) in model railway circles, but it it is also reported that they can be hard to contact because management are away at trade shows etc.
My personal view is that this is a small company selling into a limited niche market and working towards a sustainable business model, but possibly higher risk. I have no doubt they will snap up the seconds they have requested, but I would rather own their product than a loan part.
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blender
Member of DD Central
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Post by blender on Jun 21, 2014 10:53:52 GMT
Thanks Davee39. Their stock figure is huge. Did they buy the stock of some other company or do they make the models and then are not willing to part with them?
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