Dispute at Pillings

[Dangerous Dave]

Tough on C&RT then...Income goes once again on the cafe and into the pockets of PL & partner..

 

Take it the charity shop furniture is not so in now then!!

[Mike Tee]

I see the restaurant is being refurbished over the next couple of weeks. It would be terrible if the company running it went into liquidation before paying for the work. But people don't do that sort of thing to avoid paying a bill, do they?

[AndrewIC]

I've lost track, is the company now in liquidation one of the "chain" responsible for the NAA?

[MtB]

I've lost track, is the company now in liquidation one of the "chain" responsible for the NAA?

Have a guess....

[b0atman]

What do the loyal Pillings moorer's say if the money that has paid for the NAA agreement is again vanished.

[johnlillie]

_{it is my understanding that roy rollings has left to pursue his educational vocation, and plm are employing a specialist lawyer with experience in dealing with "monopolies" to dispute the NAA all over again!}

[Hawkmoth]

My, my, Mike we a bit cynical aren't we?

Could it be due to past experience?

Bob

[MtB]

What do the loyal Pillings moorer's say if the money that has paid for the NAA agreement is again vanished.

They will say it is an unfair charge and they feel Paul Lillie's pain at having the gun held to his head by CRT, yet again.

[Hawkmoth]

Because they are now expected to pay "up front" does this mean that CRT can't put the blocks on for another year?

Bob

[MtB]

No.

 

But I predict CRT will give them several more years' grace in which to run up another quarter million quid of debt.

[AndrewIC]

Ok, I'm confused... The other thread, started a few days ago, reports a recent email about Quorn Marina Properties going into liquidation back in February 2014. That was the company that owed the unpaid NAA that started the whole saga off. Is someone suggesting that one of the other related companies is now in trouble, and if so based on what?

[Alan de Enfield]

johnlillie, on 11 Jan 2015 - 12:35 PM, said:

_{it is my understanding that roy rollings has left to pursue his educational vocation, and plm are employing a specialist lawyer with experience in dealing with "monopolies" to dispute the NAA all over again!}

 

Interesting that the up-to-date accounts (next filing due March 2015) show :

 

Pillings Lock Marina PLM)

Assets £56,818

Liabilities £1,165,194

Cash in Bank £32,226

Nett Worth (minus) - £1,125,353

Sole Director - Paul Lillie

 

Quorn Marina Holdings (QMH)

Assets £395,700

Liabilities £0

Cash in Bank £3 (Three pounds)

Nett Worth (minus) - £402,498

Sole Director Paul Lillie

 

Quorn Marina Properties (In liquidation) (QMP)

Assets £0

Liabilities £1,909,909

Sole Director Paul Lillie

 

Pillings Lock Trading (PLT) was the new company formed from the ashes of QMP - it has a single Director (Roy Rollings) who (if John Lillies information is correct has move on, but is still the sole Director). The company has yet to file any accounts.

AndrewIC, on 11 Jan 2015 - 1:50 PM, said:

Ok, I'm confused... The other thread, started a few days ago, reports a recent email about Quorn Marina Properties going into liquidation back in February 2014. That was the company that owed the unpaid NAA that started the whole saga off. Is someone suggesting that one of the other related companies is now in trouble, and if so based on what?

 

I don't think anyone actually knows who is due to pay the next NAA - however neither of the two remaining companies look capable of doing so.

Edited January 11, 2015 by Alan de Enfield

[frangar]

Well let's just hope there is no messing about this time....otherwise what's to stop every marina owner thinking it's wheeze.

 

I also see that one of the leasehold moorings for sale has been reduced at ABNB.....

 

Perhaps we should standby to receive more interesting personal messages from Mr Lillie junior!

 

Cheers

 

Gareth

[b0atman]

Maybe CRT need to stop the NAA have a one off charge for initial connection re-instate all online moorings and compete with marinas for moorers.

[Naughty Cal]

Maybe CRT need to stop the NAA have a one off charge for initial connection re-instate all online moorings and compete with marinas for moorers.

Or just stop pussy footing around with marinas that don't pay the connection fee and cut their connection to the system.

[furnessvale]

Or just stop pussy footing around with marinas that don't pay the connection fee and cut their connection to the system.

Yes. A piling rig should be on standby from day one and by the end of week one, job done!

 

George ex nb Alton retired

[The Lockie]

Cannot be understand why ABNB are still brokering this co's leasehold moorings.

 

ABNB have a good reputation, that is a very precious thing for a business. To be associated with a company of dubious ethics can only be a bad thing surely

[johnlillie]

my understanding of the demise of QMP meant that the leases exist only through the "goodwill" of QMH/PLM, and are not legally binding, hence worthless, so should ABNB be marketing them at all?

[StarUKKiwi]

If Roy is director, but no longer working there, how does that work then?

[Jerra]

Maybe CRT need to stop the NAA have a one off charge for initial connection re-instate all online moorings and compete with marinas for moorers.

It would have to be one hell of a one off fee or they would radically reduce their income over the years.

 

Say the fee per year was 40,000 expect a marina once built to run say 20 years. = 800,000

 

What would you suggest is a reasonable one off fee.

[Alan de Enfield]

StarUKKiwi, on 11 Jan 2015 - 4:19 PM, said:

If Roy is director, but no longer working there, how does that work then?

 

My Son is an executive Director of the World Bank - Asia Region, (only has to attend the AGM) and a Director of the Cambodian Government Development Zones - (commited to 6 meetings per annum) he is paid by both of them but does not 'work' for either of them.

 

You do not have to work in a company to be a Director.

Edited January 11, 2015 by Alan de Enfield

[Sabcat]

Did they pay the fee last time around or did they get away with it somehow?

[gaggle]

Ian will make sure pillings get rogered this time around , bit of customer service

[steven wilkinson]

_{it is my understanding that roy rollings has left to pursue his educational vocation, and plm are employing a specialist lawyer with experience in dealing with "monopolies" to dispute the NAA all over again!}

 

 

Surprised this hasn't been picked up on! Seconds out! Round 2!

[DeanS]

glad I wasn't a mod when THIS thread kicked off....it must have been a nightmare