21 Crowdcube funded companies are currently late filing accounts and with one recent, new closure, it seems many of these will go the same way.
HMRC give you nine months to prepare company accounts so filing late is simply a sign of very poor management or something worse. All of these 21 will be preparing accounts for a small co, so its a very simple spreadsheet version.
Peach Lettings were dissolved this week; another Crowdcube success, hitting the stone wall with a large smack. They never filed accounts or did anything apart from help themselves to other people's money. We contacted them but got nowhere.
Little Brew is now over 12 months late filing and has been in and out of striking off so many times we have lost count. Jam Vehicles is the same.
The queue is growing as October rumbles on.