Large grain merchant gone under.

[glasshouse]

I heard of somebody that actually had a cheque sitting for 90k bit didn't pay it in until it was too late

Doh

 

[glasshouse]

Doh

I heard of somebody that actually had a cheque sitting for 90k bit didn't pay it in until it was too late

Was it down the back of the sofa?
Who sits on a £90k cheque?

 

[sodbuster]

Possibly waiting til start of next financial year .
I heard a lot of people could of been paid but didn't want it til certain dates

 

[glasshouse]

Possibly waiting til start of next financial year .
I heard a lot of people could of been paid but didn't want it til certain dates

Cheaper to pay their taxes

 

[teslacoils]

Did this get sorted before harvest for those who presumably had grain going there?

 

[glasshouse]

Did this get sorted before harvest for those who presumably had grain going there?

No
Still not sold
Still fighting over who owns the wheat and barleyin store

 

[teslacoils]

So lost a year's worth of storage income potential then. What a mess. Hope it's sorted soon for growers. And that "arguing" isn't just a way of extracting professional fees. Perhaps liquidators should only get paid for enhancing the value released, rather than bickering for so long over 10p in the pound that it finally realises 5p in the pound.

 

[glasshouse]

So lost a year's worth of storage income potential then. What a mess. Hope it's sorted soon for growers. And that "arguing" isn't just a way of extracting professional fees. Perhaps liquidators should only get paid for enhancing the value released, rather than bickering for so long over 10p in the pound that it finally realises 5p in the pound.

Its causing havoc with storage this year.

 

[Chae1]

Did this get sorted before harvest for those who presumably had grain going there?

Mine went to cefetra.

 

[Overby]

Talk of 10p in the £ for those owed I hear