Tidy Books Europe Ltd raised £125k on Crowdcube in 2013
Last year they tried to raise another £150k but failed.
So we have a projections used for last year's attempt to compare to the real accounts just filed for YE August 2015. Needless to say the filed accounts bear absolutely no resemblance whatsoever to the 2013 projections. But you'd have guessed that already. You would also not be surprised to know that in 2013 they had no plans to raise more money and thereby dilute shareholders.
What is more alarming and if you read this blog you will know it is becoming almost an everyday occurrence, is the fact that the historic accounts to YE 08/15 produced by Crowdcube in last year's pitch, are not the figures that have just been filed at CH.
So here we are again - yet another pitch with figures that are purported to be 'actuals' and that have a material bearing on the investment pitch - where the figures are wrong. If some figures were wrong one way and then others the opposite way, then you could just put this down to either stupidity or laziness. But no, the differences are ALWAYS making the companies' positions better .....never worse.