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Post by knowall on Apr 1, 2019 17:38:33 GMT
Should we be worried?
From last years post at Companies House
The Accounts to June 2017
Cash: £9,360 Net Worth: £-10,167,423 Assets: £677.1k Liabilities: £13.3M
We need an update - those figures were bad enough and the continuence of the Company relied on the support of the Al-Quadi family
do we still have that support? and are we still solvent?
The up-dated Accounts which are late at Companies House should give us a clue - what say you Swissgas? (our very own expert)
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Post by mariobalotelli on Apr 1, 2019 17:42:28 GMT
This again.
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Post by socrates on Apr 1, 2019 18:02:16 GMT
It is a worry but I try to ignore it. The relegation scrap we’re in comes first and foremost and worrying about things we can’t see or do anything about just isn’t worth it. I’d love it if a new group bought the club and gave us everything we want but it’s never happened before so I won’t hold my breathe and just keep supporting the team.
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Post by matealotblue on Apr 1, 2019 18:10:35 GMT
I’d love it if a new group bought the club and gave us everything ...... 🦄🦄🦄🦄. 😀
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Post by Henbury Gas on Apr 1, 2019 18:17:54 GMT
Should we be worried? From last years post at Companies House The Accounts to June 2017 Cash: £9,360 Net Worth: £-10,167,423 Assets: £677.1k Liabilities: £13.3M
We need an update - those figures were bad enough and the continuence of the Company relied on the support of the Al-Quadi family do we still have that support? and are we still solvent? The up-dated Accounts which are late at Companies House should give us a clue - what say you Swissgas? (our very own expert) I have also been told that the club are late in submitting the End of year accounts to the Govt, if TRUE then this a very serious issue. I've ALWAYS been told by my accountant that never ever miss your submission date or large fines will closely follow I'm just beginning to worry now that the club will be deemed insolvent with very poor accounts..... I'm hoping all this is just rumors put out by people who should know better but when you are told that the Grass growing lighting system cost £40,000 and purchased on the never never you start to feel a bit jumpy PLEASE PLEASE somebody confirm this is not true !
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Post by glengas on Apr 1, 2019 18:28:02 GMT
Knowall, you were advocating great news to be announced sometime soon. Have you changed your.mind completely?
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Post by Henbury Gas on Apr 1, 2019 18:31:44 GMT
Knowall, you were advocating great news to be announced sometime soon. Have you changed your.mind completely? We desperately need some goods news about the club but all i hear is doom and gloom about on and off the pitch
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Post by Antonio Fargas on Apr 1, 2019 18:39:01 GMT
I'm hoping all this is just rumors put out by people who should know better Yes, you!
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Post by Henbury Gas on Apr 1, 2019 18:42:27 GMT
I'm hoping all this is just rumors put out by people who should know better Yes, you! You don't know how wrong you are
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Post by Antonio Fargas on Apr 1, 2019 18:52:22 GMT
You don't know how wrong you are You've just put the rumour out. Are you suggesting you're not the sort of person who should know better?
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Post by Henbury Gas on Apr 1, 2019 18:58:11 GMT
You don't know how wrong you are You've just put the rumour out. Are you suggesting you're not the sort of person who should know better? Can you confirm that the club have submitted their accounts by the due date of last week ? I stand to be corrected, but no record at companies house that they have on time
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Post by daniel300380 on Apr 1, 2019 18:58:39 GMT
Should we be worried? From last years post at Companies House The Accounts to June 2017 Cash: £9,360 Net Worth: £-10,167,423 Assets: £677.1k Liabilities: £13.3M
We need an update - those figures were bad enough and the continuence of the Company relied on the support of the Al-Quadi family do we still have that support? and are we still solvent? The up-dated Accounts which are late at Companies House should give us a clue - what say you Swissgas? (our very own expert) I have also been told that the club are late in submitting the End of year accounts to the Govt, if TRUE then this a very serious issue. I've ALWAYS been told by my accountant that never ever miss your submission date or large fines will closely follow I'm just beginning to worry now that the club will be deemed insolvent with very poor accounts..... I'm hoping all this is just rumors put out by people who should know better but when you are told that the Grass growing lighting system cost £40,000 and purchased on the never never you start to feel a bit jumpy PLEASE PLEASE somebody confirm this is not true ! They will not due until yesterday and we had 9 months to get them ready. So I can't see how we would have missed the deadline.
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Post by Antonio Fargas on Apr 1, 2019 19:01:49 GMT
You've just put the rumour out. Are you suggesting you're not the sort of person who should know better? Can you confirm that the club have submitted their accounts by the due date of last week ? I stand to be corrected, but no record at companies house that they have on time No, look. You just said you hoped this was just a rumour put about by people who should know better while putting out the actual rumour. That's what I was commenting on. Obviously.
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Post by oldgas on Apr 1, 2019 19:03:36 GMT
Only 3 years ago we thought our ship had come in and that all our troubles were behind us.
Now it's unremitting doom and gloom with the added kick in the balls of a relegation scrap.
Football can be a trying and unforgiving passion at times.
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Post by darkbluegas on Apr 1, 2019 19:04:48 GMT
In my experience things take a while to show up on the companies house website. Does it state accounts overdue?
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Post by Henbury Gas on Apr 1, 2019 19:06:47 GMT
I have also been told that the club are late in submitting the End of year accounts to the Govt, if TRUE then this a very serious issue. I've ALWAYS been told by my accountant that never ever miss your submission date or large fines will closely follow I'm just beginning to worry now that the club will be deemed insolvent with very poor accounts..... I'm hoping all this is just rumors put out by people who should know better but when you are told that the Grass growing lighting system cost £40,000 and purchased on the never never you start to feel a bit jumpy PLEASE PLEASE somebody confirm this is not true ! They will not due until yesterday and we had 9 months to get them ready. So I can't see how we would have missed the deadline. I hope you are correct because bad news is not what this club needs at the moment I'm sure somebody will come along soon to put this rumor to bed I'm hoping we will get some good news very soon about the Stadium Project and the club moving forward
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Post by inzider on Apr 1, 2019 19:10:31 GMT
The accounts have always been done and submitted on time. This is the first year that the accounts have not been issued in time and the AGM, normally held by now, has not been notified to the shareholders
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Post by yategasman on Apr 1, 2019 19:27:39 GMT
If you are browsing Wael tell us what is happening!
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Post by Henbury Gas on Apr 1, 2019 19:29:43 GMT
If you are browsing Wael tell us what is happening! To busy counting his money
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Post by mjg on Apr 1, 2019 19:47:10 GMT
A few facts:
1. Companies House often take a number of days to update their records; 2. The fine for late filing of accounts that are up to 1 month overdue is £150; between 1 and 3 months it's £375. These figures are for private limited companies. Hardly huge fines; 3. Clearly late filing is not a good thing and may be a matter for concern, but sometimes they aren't actually late at all (see (1) above); and 4. A company is not required to hold an AGM unless the Articles of Association require it to do so. No idea if that's the case here.
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