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Retired Climber

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Posts posted by Retired Climber

  1. That company looks to be set up to be 'Spongebobbed'. IMO you won't be getting your money back. Confirmation statement being overdue is massive red flag. There are many other red flags. 

    I'd not recommend anyone does business with that company. Their accounts have what appears to be their accountants address on; might be worth a call. 

     

    All above presumes you did business with the UK Ltd of the same name, with same director name. 

     

    • Like 1
  2. 40 minutes ago, doobin said:

    Your loss. You just spunked your 800th post on that! 😆

     

    Amber Rose Is Starting To Look Flabby N Sick | Sports, Hip Hop & Piff ...

    Thank you. That's just the wake up call I needed; I didn't realise there was a post counter. Assuming 20 minutes of browsing per post made, if I'd not joined this forum, and done something productive instead I'd have been about £160,000 better off. 

     

    See ya 

     

     

    • Like 1
    • Thanks 1
    • Haha 4
  3. 5 minutes ago, doobin said:

    Of course you can call it (or possibly refer to it as) a company. A company is a well accepted colloquial term for a group of people under one banner who turn up and perform a task for a customer or client.

     

    What you can't do is call it a limited company.

    I'm not getting drawn into this again. For the sake of all of our sanity, let's agree to disagree. 

    • Haha 1
  4. Not this again. First things first; a company has to be LTD. If it's not LTD it's not a company. That's not to say you can't have a viable business as a sole trader, you just can't call it a company. 

     

    I have 2 preferences. For small businesses, I prefer sole trader status. Do a VAT return every quarter, payments on account twice a year, and self assessment once a year and then do whatever you damn well like with the money.

     

    For a large business ( probably to be grown to IPO), go LTD right from the start. 

    For everything in between, the answer is, it depends. 

    • Like 3
  5. 3 minutes ago, monkeybusiness said:

    They always have been - their value is proven and (compared to made up geek-coin) non-volatile. 
    I’d rather have one diamond than a million ‘credits’ personally.

    I said earlier in this thread that i get rid of ETH and then the cash as soon as possible. I'm not here arguing for crypto, or the holding of large amounts of fiat actually. 

  6. 5 minutes ago, Mark Bolam said:

    The game is that the money is better off in their account than yours.

     

    (For them, obviously).

    Actually, if inflation is crazy high you are also better off with the cash in their account 

  7. 14 minutes ago, monkeybusiness said:

    It is though - all of those are both physical and have provenance. They aren’t simply a geek’s made up scam-dosh.

    Cash has no physical value. The others are partially only valuable because they are desirable. 

  8. 18 minutes ago, Mick Dempsey said:

    Even less tempting.

    It depends. A small part of something valuable, is better than owning all of something that's worth nothing. It all depends on the perceived value. It's no different to diamonds, precious metals, or even cash really. 

  9. 4 hours ago, Mick Dempsey said:

    Just googled fNFT, none the wiser.

    Good luck with it anyway!

    An fNFT is simply one that can be split up, with smaller pieces sold. It's handy, as in my example, a load of people can buy a piece if nobody would want to spend the money the whole thing would cost. 

  10. 12 minutes ago, Mick Dempsey said:

    You sell NFTs?
    Thats complete bollocks though isn’t it? (NFTs I mean)

    I can't tell you if they are bollocks or not. My opinion is that some are. 

    When most people think of NFTs they think of those silly NFT collectibles that were popular. Those, in my opinion, are simply a tax on stupidity. If you think that giving someone your money in return for absolutely nothing is a good idea, you deserve to pay the tax. It's not much different to crypto though, a few people made a fortune early on, and that gave the idea enough hype for it to be treated as an investment opportunity. 

     

    On the other side of the coin, are things like fNFTs, that can actually be useful. I'm preparing / collating all of the research and notes from my first book to sell as a fNFT. Due to the nature of these, I can sell the collection to a group of people, rather than an individual. I wouldn't be able to find anyone who would give me £100 K for the stuff, but I will be able to find a couple of thousand people who will give 500 quid each to own part of the fNFT. It's just the modern day equivalent of first editions being valuable. 

  11. 5 hours ago, Stere said:

     

    Cryptic on crypto 🙂

     

     

    Yep, a little cryptic, i agree. The truth is, nobody has the answers when it comes to crypto. Anyone professing to be an expert probably knows less than most. 

     

    I employ and consult with other types of economist on a regular basis, and the idea that crypto was always going to hit zero (or very close) crops up with increasing frequency. Theories are aplenty, but vary in quality. 

     

    Based on advice i've received, i get rid of crypto as soon as it's received, and then get rid of the cash as soon as i can.  I don't trade crypto per se, but receive ETH from NFT sales. 

  12. 9 hours ago, john87 said:

    Is that right... I guess the author of the report knows just a little bit about the subject [which was PRECISELY what the OP was interested in.]

     

    john..

    Don't make the mistake of thinking that just because an author is an expert / professional, they know what they are doing. In my field of expertise, I see terrible work done by so called experts on a daily basis. 

    • Like 1
  13. 7 minutes ago, Mick Dempsey said:

    I know, it’s mad innit? Apart from the toppers and the odd big saw on big trees, my two 550s do everything.

    I don't do big trees these days, and only climb very occasionally (usually our own trees, or those of family / friends), so the 550 is just about the only saw I need. Don't tell the Mrs though, she'll be wondering why the hell I need the other half dozen saws. 

  14. 2 hours ago, eggsarascal said:

    Would you fancy a few hours in the cells for doing your job?

     

    By the way, I’m not sure what you do, is it bin man or something?

    No, I wouldn't fancy a few hours in the cells. Doesn't mean you need to panic though. Sometimes the police have a very difficult job to do; sometimes mistakes are made; it doesn't mean that there is some massive conspiracy to silence the media though. Stop panicking. 

     

     

  15. 26 minutes ago, eggsarascal said:

    I thought not, let’s bang on about lockdown and the like. Don’t worry about what’s going on today. 

    Not everyone shits themselves every time they see the news. Try calmng down a bit. Not everything is a massive story that you need to worry your pretty little head about. You only posted a few hours ago, and then panic as soon as you realise that nobody else seems to have their knickers in a twist over it. 

    • Like 2
  16. 20 minutes ago, Dan Maynard said:

    I was thinking if you do a lot of commercial work. I don't, but do find parish councils have their own timescale for paying.

    It's fairly easy to find yourself technically insolvent. A few big jobs that turn into late payers that happen to coincide with payday for the staff and a good business is suddenly insolvent. 

    I had a very similar situation myself. One client did a runner, having conned a lot of people out of a lot of money, one other was slow to pay, a turbo died on one truck at exactly the same time as a fuel pump died on another. At the end of the month, wages needed to be paid, the garage needed paying, and I was very close to not having the money. 

    • Like 3

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