Kwacker Posted January 29, 2014 Report Share Posted January 29, 2014 Does anyone know if QMP owe money to anyone other than C & RT? Link to comment Share on other sites More sharing options...
Stilllearning Posted January 29, 2014 Report Share Posted January 29, 2014 Well here we are 84 pages and going for the ton. But can anybody tell me if anything has actually been achieved other than stressing out the poor bu**ers moored at Pillings? We have probably stressed a few, but hopefully have also helped a few more. Does anyone know if QMP owe money to anyone other than C & RT? This question was rather why I mused a few hundred postings ago about whether or not HMRC were interested in the situation. Link to comment Share on other sites More sharing options...
Grace and Favour Posted January 29, 2014 Report Share Posted January 29, 2014 Does anyone know if QMP owe money to anyone other than C & RT? It is, of course, possible that they have more than one creditor - - but I'd be surprised if we find out before the liquidators meeting Link to comment Share on other sites More sharing options...
Alan de Enfield Posted January 29, 2014 Report Share Posted January 29, 2014 Does anyone know if QMP owe money to anyone other than C & RT? QMP have liabilities of £1,909,000 so as the debt to C&RT is £184,000 they certainly 'owe' money elsewhere - but - this may just be on paper and they owe QMH / PLM / The Steadmans the balance. Link to comment Share on other sites More sharing options...
Jerra Posted January 29, 2014 Report Share Posted January 29, 2014 Smith-Cooper Accountants appear to have the address St Helens House.King Street. Derby.DE1 3EE Link to comment Share on other sites More sharing options...
carlt Posted January 29, 2014 Report Share Posted January 29, 2014 Smith-Cooper Accountants appear to have the address St Helens House.King Street. Derby.DE1 3EE Yes, they are the licensed insolvency practitioners I mentioned. If the sale falls through due to no fault of the buyer then the deposit is due back, at least it is when you deal with a reputable broker.... That is exactly my point. The broker is saying "I don't trust you so you have to leave a deposit." Why should I trust someone who doesn't trust me? Link to comment Share on other sites More sharing options...
Pilly Posted January 29, 2014 Report Share Posted January 29, 2014 Nice digging ...sleuth Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2014 Report Share Posted January 29, 2014 That is exactly my point. The broker is saying "I don't trust you so you have to leave a deposit." Why should I trust someone who doesn't trust me? No the broker is saying 'I need to see commitment from you'. Paying for a survey is in my view insufficient evidence of that as you could walk away for the most trivial survey findings and in the meantime the broker could have lost another potential buyer for the vendor. Link to comment Share on other sites More sharing options...
carlt Posted January 29, 2014 Report Share Posted January 29, 2014 No the broker is saying 'I need to see commitment from you'. Paying for a survey is in my view insufficient evidence of that as you could walk away for the most trivial survey findings and in the meantime the broker could have lost another potential buyer for the vendor. So paying out around a grand for a survey is lack of commitment? Sorry but there are plenty of boats out there and I've never had difficulty finding one. My "no deposit" rule applies to everything, btw and I have yet to experience any hardship because of it. Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2014 Report Share Posted January 29, 2014 So paying out around a grand for a survey is lack of commitment? Sorry but there are plenty of boats out there and I've never had difficulty finding one. My "no deposit" rule applies to everything, btw and I have yet to experience any hardship because of it. Out of interest what type of boat are we talking about and which brokers? Link to comment Share on other sites More sharing options...
Popular Post Bettie Boo Posted January 29, 2014 Popular Post Report Share Posted January 29, 2014 Bite all you like darling!! Yes aim suggesting that there are certain people not all! When you read comments saying would be good to watch the mass exodus, I just feel that there are a lot of people on this forum that are enjoying the drama, again not all.. Even at the meeting there was somebody there who left the marina a year ago who is now a "continuous cruiser" this persons boat has not moved from outside the marina in a year. What has this got to do with this person apart from drama!! Well, actually if they are anything like me; they are more than likely concerned for the people who are paying fees to moor at Pillings Lock & the potential of them loosing their freedom to come and go as they please & also are quite interested in the outcome of this whole situation. Then again, they might just be interested in their continued access to that marina; if they are moored outside, they may well use that marina for the pump out facilities, water or fuel Let's not kid ourselves here "darling"; if PL is able to get off without paying the arrears to CRT, what exactly do you envision the long-term outcome being? I could easily foresee other marina directors looking at how they also could get out of paying the 9% to CRT & if I was at CRT I'd be looking at ways of getting back that lost revenue....gee now where might they turn to for that? How do you feel about your yearly license fee taking a good hike while Pillings Lock get out of their contractual obligations? End of the day - if CRT are not able to secure the money owed by PL it "could" have a bearing on all of us. Hence why there is so much interest from the general boating community. And again, if you read the posts no one has suggested any ill will toward the people moored at PL. I think you are trying to turn phrases relating to seeing Mr. Lillie get his comeuppance from CRT, into discord toward the moorers; which simply isn't the case. 5 Link to comment Share on other sites More sharing options...
carlt Posted January 29, 2014 Report Share Posted January 29, 2014 Out of interest what type of boat are we talking about and which brokers? Any boat, any brokers. In fact any purchase, any vendor. Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2014 Report Share Posted January 29, 2014 Any boat, any brokers. In fact any purchase, any vendor. No I mean which brokers have you actually had success using this method with. Link to comment Share on other sites More sharing options...
mayalld Posted January 29, 2014 Report Share Posted January 29, 2014 Does anyone know if QMP owe money to anyone other than C & RT? According to the June 2012 accounts, QMP owes £1.9m. Also according to those accounts, it owes £1.5m to PLM and £0.4m to QMH The accounts appear to ignore the debt to CRT Link to comment Share on other sites More sharing options...
Neil2 Posted January 29, 2014 Report Share Posted January 29, 2014 No I mean which brokers have you actually had success using this method with. I'd like to know the answer to that. A private sale is one thing, but all brokers as far as I know will ask for a deposit, even if it is a nominal amount, simply because once your offer is accepted they agree to take the boat off the market, unlike house sales. It is therefore reasonable to expect a consideration for this action. I suppose you could ask the broker to leave the boat on the market whilst you are arranging your survey, but say the surveyor, as many do, wants paying up front, you pay for a survey and then another buyer comes along... what then? What I would object to is the practice a number of brokers employ which seems to view the deposit as a sort of "down payment", only to be refunded in exceptional circumstances. Link to comment Share on other sites More sharing options...
Phantasm Posted January 29, 2014 Report Share Posted January 29, 2014 (edited) It really is about time that Paul Lillie stopped belly-aching about how he feels he is being victimised by CRT, moorers and suppliers. He knew the situation regarding NAA and that payment would be due. The failure to maintain near maximum occupancy at this marina has little to do with market forces, and much more to do with Paul Lillie’s attitude and reputation. I used to moor at Pillings Lock Marina and saw at first hand the chronic financial and physical mismanagement of what is, potentially, an amazing place to live. I have many friends still at the marina who tell me that nothing has changed despite many complaints to the marina management. The owner/managing director Paul Lillie is an obnoxious, aggressive, belligerent bully who is disliked by the majority of the moorers. He has treated the marina customers as idiots for years, and falsely accused his own father of a criminal act. Whilst the marina was being built he used £30,000 of investment money as a personal loan. This was money invested by leaseholders towards the construction of the marina and was not intended as an interest-free honey pot for Mr Lillie. This is not conjecture – I have seen the accounts, which are public documents. His behaviour has been quite unbelievable. He forced his parents out of a business that they initiated; he installed his “life partner”, Chris Herbert, as a director of the company, though what a PE teacher knows about running a company is beyond me. I have seen myself the way he treats customers, and it is no wonder that a couple of them felt compelled to take a swing at him. Pillings Lock will NEVER prosper while it has such a disagreeable person in charge. I, along with other moorers, tried to warn Matt Steadman about what Paul Lillie was doing to the marina but he just didn’t want to know, so it is no wonder the current situation has arisen. Edited January 30, 2014 by Grace & Favour Link to comment Share on other sites More sharing options...
RLWP Posted January 29, 2014 Report Share Posted January 29, 2014 It is not unusual to install a spouse or life partner as a director in a business you own. Very tax efficient, most accountants would suggest this Richard Link to comment Share on other sites More sharing options...
MtB Posted January 29, 2014 Report Share Posted January 29, 2014 It is not unusual to install a spouse or life partner as a director in a business you own. Very tax efficient, most accountants would suggest this Richard How does that work then? Spouses being partners in a business might, but I can't see how two directors being married or partners helps with tax. MtB Link to comment Share on other sites More sharing options...
Pen n Ink Posted January 29, 2014 Report Share Posted January 29, 2014 (edited) Well that was a short lived post ! But probably right to remove it... ETA - Explanation in the next post! Thanks G&F! Edited January 29, 2014 by Pen n Ink Link to comment Share on other sites More sharing options...
Grace and Favour Posted January 29, 2014 Report Share Posted January 29, 2014 Message to Phantasm, Thank you for your recent post - - I have taken the unusual decision to temporarily withdraw it in order that we may check through it, and ensure that it doesn't cause you, or CWDF, any problems with any person(s) with a particular interest in the finer points of any legal arguments it may raise Link to comment Share on other sites More sharing options...
MtB Posted January 29, 2014 Report Share Posted January 29, 2014 Well that was a short lived post ! But probably right to remove it... Qué? MtB Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2014 Report Share Posted January 29, 2014 Qué? MtB I suspect something inappropriate was posted and was quickly reported or spotted and removed by the mods. Link to comment Share on other sites More sharing options...
Stilllearning Posted January 29, 2014 Report Share Posted January 29, 2014 Qué? MtB Shame you missed it MtB, it was a post from someone close to the situation. Link to comment Share on other sites More sharing options...
Alan de Enfield Posted January 29, 2014 Report Share Posted January 29, 2014 It was just an ex-PLM moorer's view on Paul Lillie and some of his antics. Link to comment Share on other sites More sharing options...
MtB Posted January 29, 2014 Report Share Posted January 29, 2014 I suspect something inappropriate was posted and was quickly reported or spotted and removed by the mods. Actually you're right. I saw a post by new user 'Phantasm' ten minutes ago, critical of PL. Didn't seem to me any worse than a lot of other stuff in the thread though. Can't really see why it was pulled. My best guess is that PL has been issuing threats and the mods have buckled. MtB Link to comment Share on other sites More sharing options...
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