Blog posts tagged with: crowdcube

Another Crowdcube Zombie calls it a day - Workabode liquidates after raising twice on the FCA regulated platform

Founder Trevor O'Hara is a cracker - he's from Ireland. This is not a story of a near miss or bad luck. It's not even a joke. No, this is a story about nonsense, about promoting £21m of net profit,...

BeerBods sells out to ABV

Beerbods raised a total of £400k on Crowdcube in two rounds. Now Matt Lane has sold the business to Beer Hawk, recently acquired by ABV incubator ZX Ventures. 

A Suit that Fits now doesnt. Liquidation beckons.

After a somewhat bizarre failed rescue attempt, DKSG Bespoke, ASTF's and any other associated companies are heading for the chopper. 

Hapless HAB Housing leave shareholders in the dark

In yet another example of the investor power vacuum, HAB Housing Ltd have filed yet more heavy losses whilst associated companies play swinging doors and restructuring games.  

A Suit that Fits enters the realms of fantasies and nightmares.

Simply - it doesnt. Never has done and never will. ASTF funded on Crowdcube and Envestors. Went bust, was exhumed and now sits on the edge of the hole about to slip back in. Meanwhile it appears...

Angelberry's sluggish death is all to familiar to Equity CF investors

Ryan Pasco and James Taylor applied to have their 2014 Crowdcube funded company quietly struck off in May 2018. Now in June 2019 is is still listed at CH as active with the Voluntary Strike Off...

Crowdcube's Mindflood DIYs its own Liquidation.

Mindflood or Patchworks, a tech company based out of NI, raised money on Crowdcube in 2015. Shareholders have heard nothing since 2016. Now in June 2019, they are told that the company is closing...

Absolute Bedlam as brewer's numbers yet again prove Crowdcube projections are nonsense.

Bedlam Brewery makes great beer. They raised £515k in 2016 on Crowdcube. Now they are back looking for another £800k. Claims of success do not tally with our numbers. 

Full Green - great vegetables sealed in a non recyclable long life plastic bag for the downright lazy.

Cauliflower is far more delicious than Eric the Greek's ear makes it look. Why then would you stuff it into an non recyclable plastic long life bag?

White Car Crash starting to reveal its secrets.

White Car has crashed - of that there is no doubt. Now in liquidation, not long ago it was raising £800k on Crowdcube with a very upbeat message from founder and CEO Mark Douglas Strachan. 

Where are Property Moose?

Any Crowdcube investors in DFI Financial Services Ta Property Moose have any clue where they have gone? 

Full Clear becomes invisible and tells investors it's time to close down.

Nothing very Full or Clear here. 377 Crowdcube investors gave this company £248k in January 2018. Now just 16 months later the Directors (we use the term loosely) are closing via a VCL. 

Not time to hoist the mainsail just yet. Discovery Yacht Group disappoints.

DYG raised £2.21m on Crowdcube in January 2018. Recently filed accounts for year ending August 18 show a loss of £700k. This is against a substantial projected profit for the year as shown in the...

Bring on the Clowns.

This is another fine mess. Celo raised £148k on Crowdcube in July 2018 - company name Artis FS Ltd. The filing at CH confirms the transaction in shares. But the accounts for YE August 2018 state...

Eprop investors are the latest Crowd to lose out.

Easy Property raised £1.36m from 376 investors on Crowdcube in 2014. The company, also known as Eprop, was valued then at £60m. 

Zing Zing CVA is passed by Creditors so Crowdcube investors are stuck.

Yet again Crowdcube investors are treated like door mats. Zing Zing raised £1.5m in 2016 and then another £1.2m in 2017. Now Creditors have agreed a 4 year CVA which leaves the Crowd holding onto...

Lakes Distillery not in the right spirit with new Down Round.

Filmore and Union is the latest Crowdcube success to join the scrap heap.

On, on, on we go, as if everything is fine. But it is not. As yet another Crowdcube success, the cafe chain, Filmore and Union, goes into administration. It used Crowdcube to take £860k off punters...

Redchurch - Red Faces. Debts to HMRC of almost £950k.

Redchurch Brewery's collapse is being blamed by management on the departure of their Head of Sales. The fact that they owed HMRC £950k and were under threat of imminent action might also have...

Another Crowdcube brewer runs out of hops

Following on the mess at Hopstuff, The RedChurch Brewery Ltd has gone into administration taking all its investors with it. This is not a place they wanted to go. It certainly will not deliver the...