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Thread: Woots on his way to Florist

  1. #11
    Join Date
    Mar 2003
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    11,288
    Quote Originally Posted by SwalePie View Post
    Hmm. Worth a look?

  2. #12
    Join Date
    Oct 2008
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    8,014
    Wonder what will happen to Chesterfield when their insurance payout and the Chelsea money is all spent? It looks like the insurance claim is being paid monthly, would love to know when it stops.

    As for us being in £21million of debt, our accounts were filed before Christmas, and they don't appear to say that. They're here, for those of you who understand this kind of thing much better than me: https://find-and-update.company-info...filing-history

  3. #13
    Quote Originally Posted by SwalePie View Post
    Hmm. Worth a look?

    Ideal " Impact Sub"
    Last edited by SwalePie; 06-01-2022 at 12:09 PM. Reason: Fixed quote code

  4. #14
    Join Date
    Feb 2010
    Posts
    8,530
    Quote Originally Posted by cher1 View Post
    Wonder what will happen to Chesterfield when their insurance payout and the Chelsea money is all spent? It looks like the insurance claim is being paid monthly, would love to know when it stops.

    As for us being in £21million of debt, our accounts were filed before Christmas, and they don't appear to say that. They're here, for those of you who understand this kind of thing much better than me: https://find-and-update.company-info...filing-history
    Without knowing how the Reedtz bros are showing the financing then it really is hard to say. It seems as if they've put in a stack as Shares, and another stack as Loans (£21m) and they are over £2m worse off than this time last year.

    But half the story is missing because they are choosing not to show the Profit & Loss section (quite common in smaller companies).

    However it looks as if they'd need £30m to walk away without the exercise having cost anything.

  5. #15
    Join Date
    Feb 2010
    Posts
    8,530
    Simple solution, Florest by Wooters for £15m, then loan him back to us for the remainder of the season for future development and, as reputed with the Zak Brunt when he's been on loan, they pay his wages when he plays.

    Sorted and if we get promoted we buy him back to £10m as I'm sure they'll be cash strapped in yet another failed bid to reach the Promised Land.

  6. #16
    Quote Originally Posted by cher1 View Post
    Wonder what will happen to Chesterfield when their insurance payout and the Chelsea money is all spent? It looks like the insurance claim is being paid monthly, would love to know when it stops.

    As for us being in £21million of debt, our accounts were filed before Christmas, and they don't appear to say that. They're here, for those of you who understand this kind of thing much better than me: https://find-and-update.company-info...filing-history
    Companies House filed Accounts , in their now abbreviated form, don't tell you much at all,

    I would suspect however , that the short term debt is mostly the " brother's" Director's Current Account liability. Any serious external debt would probably have been in the public domain by now.

    £11.3 million is a long way from £21 million, and it would need the "brothers" to call it in to provoke a crisis.

  7. #17
    Join Date
    May 2018
    Posts
    4,422
    Effectively we "lost" around £3m last year which is reasonable bearing in mind we had no real income for that past year, it's not surprising. The actual liabilities are around £11m but there is a statement that says with cash flow and current director input, these will be met in the coming year

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