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Greetings Beaglers.
Copied and posted from another place with permission of the author (me), for HFO fans everywhere.
Re: Changes at HFO / Turnbull Rutherford – Quarterdeck Law Ltd
HFO (UK) Holdings Ltd remains in voluntary liquidation (ie. the company appointed its own liquidator).
The assets of HFO (UK) Holdings Ltd includes the assets of HFO Services Ltd (which is NOT in liquidation but trading).
In the meantime, Mr Alasdair Turnbull, one time director of nearly all of the HFO companies, and director of Turnbull Rutherford solicitors which actually runs HFO Services, has recently changed the name of a company of which he is at present the sole director and shareholder.
The dormant company was called Cambridge Credit Ltd, but was renamed in June 2012 as Prime Arbor Capital Ltd.
A domain name, primearborcapital.com, was registered in February, not long after the Quarterdeck name change cock-up. Astonishingly, this domain name – primearborcapital.com – is registered to Badri Nathan, a director of HFO (UK) Holdings and business partner of Alasdair Turnbull.
Prime Arbor Capital amazingly efficiently filed its accounts for the year to 31 July 2012 on 6 August – just one week later.
Far be it from me to suggest that anything amiss is afoot, but Mr Turnbull appears to be setting his business in motion. With some assistance from Mr Nathan. As far as I know, their debt collection activities still under investigation by the OFT (which has made no announcement to the contrary).
And of course, I’m not suggesting that there is any possibility of undervalued HFO Services assets being sold to Prime Arbor Capital Ltd, not at all. But, just imagining it did happen, I do hope the valuation of HFO Services Ltd’s assets is an accurate one which takes into account all the court judgments it has in its possession, probably lodged at the premises of Turnbull Rutherford (which actually runs the company). Because according to the records filed at Companies House, there’s a lot of redundant former HFO employees who will be waiting for a payout.
Watch this space. Hope the OFT are looking in.
Copied and posted from another place with permission of the author (me), for HFO fans everywhere.
Re: Changes at HFO / Turnbull Rutherford – Quarterdeck Law Ltd
HFO (UK) Holdings Ltd remains in voluntary liquidation (ie. the company appointed its own liquidator).
The assets of HFO (UK) Holdings Ltd includes the assets of HFO Services Ltd (which is NOT in liquidation but trading).
In the meantime, Mr Alasdair Turnbull, one time director of nearly all of the HFO companies, and director of Turnbull Rutherford solicitors which actually runs HFO Services, has recently changed the name of a company of which he is at present the sole director and shareholder.
The dormant company was called Cambridge Credit Ltd, but was renamed in June 2012 as Prime Arbor Capital Ltd.
A domain name, primearborcapital.com, was registered in February, not long after the Quarterdeck name change cock-up. Astonishingly, this domain name – primearborcapital.com – is registered to Badri Nathan, a director of HFO (UK) Holdings and business partner of Alasdair Turnbull.
Prime Arbor Capital amazingly efficiently filed its accounts for the year to 31 July 2012 on 6 August – just one week later.
Far be it from me to suggest that anything amiss is afoot, but Mr Turnbull appears to be setting his business in motion. With some assistance from Mr Nathan. As far as I know, their debt collection activities still under investigation by the OFT (which has made no announcement to the contrary).
And of course, I’m not suggesting that there is any possibility of undervalued HFO Services assets being sold to Prime Arbor Capital Ltd, not at all. But, just imagining it did happen, I do hope the valuation of HFO Services Ltd’s assets is an accurate one which takes into account all the court judgments it has in its possession, probably lodged at the premises of Turnbull Rutherford (which actually runs the company). Because according to the records filed at Companies House, there’s a lot of redundant former HFO employees who will be waiting for a payout.
Watch this space. Hope the OFT are looking in.
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