Buffalo Farm Goes Bust

[David1968]

Bit hazy about how it was left at the end of the series, but I remember wondering how it was going to add up buying the farm as well as starting the dairy and building the processing unit.

But wow, that's a slick bit of work

Investor fury as The Buffalo Farm enters administration, reemerges under new company

The Buffalo Farm's administration leaves founding investors and businesses stranded

www.thescottishfarmer.co.uk

 

[Estate fencing.]

Robbing pansy, wants to watch his back by the looks of it with some very angry people loosing out. If I’d invested that much money for someone to waste I would be outside his front door waiting for him, get the money back one way or another.

 

[Fat Lamb]

Not clever at all what he has done.

 

[daveydiesel1]

If money doesnt come right it never stays, its just legal stealing

 

[Hilly]

Legalised theft , i know what id do with that gormless fuker .

 

[toquark]

I thought he came across well on farming life but I remember thinking that rapid expansion into a niche market was going to be pretty risky.

Easy to be a wise armchair critic I suppose, as for his resurrection under new ownership leaving his previous investors high and dry isn’t a good look for a business which will trade off its reputation as equally as its product.

 

[Rich_ard]

Legalised theft , i know what id do with that gormless fuker .

I do wounder about who hands over that kind of money. OK a few quid if you fancy but what return do they get even if it never goes bust. Look at brewdog.

 

[Chae1]

Feel sorry for all the small businesses he hasn't paid. Don't know how he sleeps at night.

 

[Chae1]

I do wounder about who hands over that kind of money. OK a few quid if you fancy but what return do they get even if it never goes bust. Look at brewdog.

Never been tempted to crowd fund anyone personally.

Dairy/farm shop near here had crowd funding scheme then sold up. Wonder if they returned money invested. Doubt it.

 

[Rich_ard]

I thought he came across well on farming life but I remember thinking that rapid expansion into a niche market was going to be pretty risky.

Easy to be a wise armchair critic I suppose, as for his resurrection under new ownership leaving his previous investors high and dry isn’t a good look for a business which will trade off its reputation as equally as its product.

Don't remember much as I never watch much farming life, but must have seen one, think he was renovating an old building.

 

[Rich_ard]

Feel sorry for all the small businesses he hasn't paid. Don't know how he sleeps at night.

Like a baby. If it bothered him he would have made it work. How could you not with free capital!

 

[delilah]

This is the chap who was shown wandering round a set of derelict stone buildings saying he was going to turn it into a buffalo dairy ? Anyone who invested in that was a first class muppet . Caveat emptor.

 

[beardface]

Article I read said he'd found someone to buy out the debt?

 

[melted welly]

Local paper said the crowd funders paid something like up to £10k and received £100/month back in “store credit”. Now it’s gone tits up the credit is ended and they get nothing back.

 

[Optimus]

Local paper said the crowd funders paid something like up to £10k and received £100/month back in “store credit”. Now it’s gone tits up the credit is ended and they get nothing back.

Yes think that's how it worked.my mate did a few days delivering for them at xmas.said that it was a bit of a mental place no structure to the delivery routes.

 

[Pistonbroke]

This is the chap who was shown wandering round a set of derelict stone buildings saying he was going to turn it into a buffalo dairy ? Anyone who invested in that was a first class muppet . Caveat emptor.

There's a hoof trimmer in Facebook and YouTube, The Hoof GP. He went there a while ago to do some buffalo feet and in the background it looks like a brand new expensive set of buildings on a new site

 

[Hilly]

I thought he came across well on farming life but I remember thinking that rapid expansion into a niche market was going to be pretty risky.

Easy to be a wise armchair critic I suppose, as for his resurrection under new ownership leaving his previous investors high and dry isn’t a good look for a business which will trade off its reputation as equally as its product.

Came across as an incompetent arse to me .

 

[yellowbelly]

This is not good...

Chad Griffin and Callum Carmichael, partners at business advisory firm FRP were appointed joint administrators of The Buffalo Farm Limited on March 11.

On appointment they immediately completed a pre-pack sale of the company to The Buffalo Farm Produce Ltd.

Looks like he/they already had a buyer lined up.
What's the chances of somebody interested in investing in a buffalo farm turning up out of the blue as easily as that?

Legalised theft.
No wonder the original investors are angry.

 

[Chae1]

There's something wrong with our legal system when this is even possible.

 

[Willie adie]

It's morally reprehensible. And it could severely affect suppliers and cerditors, but that is the law as it stands , unfortunately