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Yep I know, my point was no resistance or effort from sorted to keep the present paperwork in order, a sign I guess of coming to terms with the inevitable
Confirmation statement overdue
As well as year end
Leaving them liable for prosecution struck off the register.
Better get a move on
A limited company has 9 months to file, I guess this is the least of their problems.
What happens if a limited company does not file accounts?
You'll automatically receive a penalty notice if your accounts are filed after the deadline. The penalty is doubled if your accounts are late 2 years in a row. You can be fined and your company struck off the register if you do not send Companies House your accounts or confirmation statement.
Very much look like 30th September is year end I guess will will wait until then
That’s a thought
Could the plan be, to wait until sorted results come out in September with not so good figures and forecasts, then put the offer to their shareholders,Sorted that is, they are the ones that have to accept the deal, so until that happens LSAI need not say anything.
I wonder what tranche they are on now and how many they may be, the last funding they had was 09/2022 was 3m
could that be the deadline for the 4m mentioned.
What yell did was calculated, I don’t think cine was
History repeating lost a small fortune when yell did something like this just been done again
The link was to the loan agreement which has a lot of details in in, it reads like sorted are over a barrel.
The agreement is on company house website
We were told at the start it was going to be September, so no surprises
Bit disappointing but you can’t do the job without the tools now they have a box full
Anyway the day after tomorrow we shall know everything is great or a sudden worldwide storm begins to plunge the entire planet into a new ice age
Agree, it looked like they bought in 27.03.2023 reduced 11.04.2023 so maybe they reduced again after accounts came out and it got lost during suspension process
Whice would be the best thing, can't say I feel comfortable with the transaction although it could mean nothing and be as simple as cash was needed
If sorted took them it would not be we would not get to know at this stage
I guess they can do what they want it only people like us can’t
Can they do that withoutt
No one from here
https://www.locationsciencesgroup.ai/investor-relations/significant-shareholders/