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June 19 2019 6.37pm

CPFC 2010 Accounts Overdue

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View Sg Bilko's Profile Sg Bilko Flag Deurne Holland 30 May 18 3.35pm Send a Private Message to Sg Bilko Add Sg Bilko as a friend

Originally posted by bexleydave

There is now an "Active proposal to strike off" in relation to our failure to file accounts, despite warnings:

[Link]

What this means is explained here:

[Link]

We would be struck off the Companies House register and the company would cease to exist. Creditors do get the opportunity to object and HMRC usually do apparently.

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.
His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.
The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

 

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View glazedallover's Profile glazedallover Flag Allier 30 May 18 3.46pm Send a Private Message to glazedallover Add glazedallover as a friend

Welcome back Sarge.

Do you think Frank de Boer will be a good manager........

 

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View NickinOX's Profile NickinOX Flag Sailing country. 30 May 18 4.09pm Send a Private Message to NickinOX Add NickinOX as a friend

Originally posted by Sg Bilko

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.
His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.
The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

You might be right, as I would not have a clue.

That being said, both numbers you provided link to pages that have accounts which appear to be overdue and a first gazette of 5 June 2018.

[Link]

[Link]

Does anyone actually know if either of these are even the correct company? If so which? And, why is the company which has filed its accounts subject to the gazette notice. Any help would be appreciated as I am curious.


Edited by NickinOX (30 May 2018 4.11pm)

Edited by NickinOX (30 May 2018 4.14pm)

 


If you come to a fork in the road, take it.

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 30 May 18 4.14pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Sg Bilko

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.
His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.
The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

But then on 5 Jun 2018 there’s this:

First Gazette notice for compulsory strike-off
This document is being processed and will be available in 5 days.

So in effect nobody really knows what’s happening but hopefully and I trust this isn’t another Tim Cahill, Dean Ashton, Tony Pulis, Frank De Boer in another guise that threatens to end the dream.

Probably a formality but the authorities aren’t okay to sit back and wait for when we’re ready going by the First Gazette notice.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 30 May 18 4.16pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Sg Bilko

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.

His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.

The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

Wrong! Click on the people tab and it’ll have the Americans, Parish, Long and Browett on there.

Edited by Rudi Hedman (30 May 2018 4.20pm)

 


COYP

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View Ginger Pubic Wig's Profile Ginger Pubic Wig Flag Wickham de L'Ouest 30 May 18 4.38pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

Originally posted by Midlands Eagle

The accounts that are overdue are for the year ended 30th June 2017 so anything connected to the expiry of contracts at 30th June 2018 is irrelevant

Cabaye himself might care is the point. he might be smart enough to have the numbers analysed to see what our transfer policy is likely to be.

 

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View CambridgeEagle's Profile CambridgeEagle Flag Sydenham 30 May 18 5.06pm Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by Sg Bilko

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.
His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.
The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

This is a confirmation statement and is just an annual confirmation of the basic details of the company and its shareholders.

The accounts are 2 months overdue. It seems bizarre that the club would have ignored warnings from Companies House concerning a strike off petition, however if they have they still have a couple of months to respond. In all likelihood HMRC would block and strike off. Would look pretty bad if it's an admin cock up.

All speculation at the moment and I'm sure will all become clear in time and nothing to worry about, perhaps just be a bit bewildered about.

Edited by CambridgeEagle (30 May 2018 5.09pm)

 

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View CambridgeEagle's Profile CambridgeEagle Flag Sydenham 30 May 18 5.08pm Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by bexleydave

And not concerned about any transfers either, no doubt.


Yes I have thought that. Would be nice to get one over the line early doors so we could avoid the usual panic and calls for Parish to quit.

Ultimately though we're heading for a 6th season in the PL, so I trust Parish to get it right in the end as he's managed to every season just about. Would be nice if it just felt a bit more competent at times.

 

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View palace_in_frogland's Profile palace_in_frogland Flag In a broken dream 30 May 18 5.18pm Send a Private Message to palace_in_frogland Add palace_in_frogland as a friend

Originally posted by Rudi Hedman

Wrong! Click on the people tab and it’ll have the Americans, Parish, Long and Browett on there.

Edited by Rudi Hedman (30 May 2018 4.20pm)

No Rudi! Don’t tell Bilko he’s wrong- that’s what made him flounce last year!

 

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View bexleydave's Profile bexleydave Flag Barnehurst 30 May 18 5.58pm Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by Sg Bilko

This whole thread is complete and utter tripe, the OP needs get get his facts correct.

The first thing he needs to do is his research, if he’d done that there would-be none of this hysteria.
His first link is to a defunged Company owned by one Simon Jordan CPFC LIMITED with a Company registration number 07270793.
The presant owners are CPFC 2010 their company registration nr is
07206409, and Their accounts were registered on18-02-2018 and confirmed on 05-04-2018.
[Link]

There only one person on this thread that needs to do some research. Now you can go and have another long sulk.

 


Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

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View laddo's Profile laddo Flag london 30 May 18 8.26pm Send a Private Message to laddo Add laddo as a friend

Do I need to be worried?

 


laddo

"People say, live fast, die young. I say live fast, die old. That's me, the non-conformist".
David Brent.

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View mileend's Profile mileend Flag East London 30 May 18 8.37pm Send a Private Message to mileend Add mileend as a friend

To summarise:
Both the links are valid, one is to:
CPFC Limited - company number 07270793 whose immediately parent company is
CPFC 2010 Limited - company number 07206409 - whose immediate parent company is Palace Midco

Both of these have the ultimate parent company
Palace Holdco UK

You can look at either to see the same figures for turnover and almost identical figures for running costs. There are bigger differences on the balance sheet but someone in finance would need to explain how this all works. I imagine as stated earlier the number of company’s involved is historic based on the 2010 buy out and the change in ownership with Harris and Blitzer.

Neither Company have had new accounts filed and both have the Active Proposal to Strike Off

We should not worry that this will happen, having retained our high value income stream in the PL for another year and with a far higher income due to our 11th place than could have been expected a few months ago. The parachute payments, should the worst happen next year, give extra certainty to the Company as a going concern for several more years on top of that. So I expect that is all good since we ended 2016 with zero debt.

That does not mean that not posting the accounts is not important. Apart from Companies House and the Tax Man the rest of the football world and finance agencies will start to pay attention to this matter.

It could be complete incompetence but I think that is very unlikely. So it points to financial shenanigans behind the scenes with big discussions taking place between the owners and the finance people.

My first thought was simply that the owners wanted to see what division we were in and then more precisely what position we finished so they could establish our approximate financial position in 2018. With likely profits this year then a more favourable tax position could be possible with how much profit (or loss), is declared in the 2017 results.

Then as discussed in the thread it does seem reasonable that there is going to be a sorting out of the structure of the four companies that are mentioned above and restructuring these was taking up the time.

There is also the funding for the new stand to consider. Have the Americans actually put in their cash already? Perhaps for the January 2017 left back buying bonanza? Or was the deal that they would put in the cash when the planning for the new stand was approved? Since that consent also coincided with the end of the financial year it could well be part of what is being discussed.

Of course we have no idea and no way of finding out but since the new season is far away and the transfer rumours are totally hopeless because everyone is on holiday what else are we supposed to speculate about?

 

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