Tuesday, 25 August 2015
The Nursery that never was - yet another Crowdcube success is a flop.
One of the companies we listed as being likely to close soon has filed for closure and then cancelled the filing - no details at CH.
Stakis Daycare Nurseries Ltd raised over £100k on Crowdcube in 2013. Their first accounts showed a £143k loss against projected profits (the usual Crowdcube pattern) and now this year they filed to close only to cancel it.
This is what the Stakis website says today(August 2015) when you click Our Centres -
Stakis Daycare Nurseries is currently negotiating for several key locations for its initial nurseries, expected to open in early 2014. Watch this space for further announcements.
We are still watching. We take that to mean that nearly 3 years after raising money on Crowdcube the business still has no operational nursery!
The list of failures is growing and yet people are still throwing money at this platform - how stupid can we be.