50cycles

[Full chat]

And another big company gone, hot on the heels of Freego going into liquidation I have just noticed 50cycles have filed for voluntary insolvency.

 

[Woosh]

are you sure? their website is still on.

 

[Woosh]

https://beta.companieshouse.gov.uk/company/05140671

 

[flecc]

And another big company gone, hot on the heels of Freego going into liquidation I have just noticed 50cycles have filed for voluntary insolvency.

They did this once before a few years back. It seemed to be a device to get a market valuation, in consideration of possibly selling the company.
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[Woosh]

They did this once before a few years back. It seemed to be a device to get a market valuation, in consideration of possibly selling the company.
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there are simpler ways of getting an evaluation like asking an business transfer agent.

 

[lyme]

Still advertising on ebay as well.

 

[flecc]

there are simpler ways of getting an evaluation like asking an business transfer agent.

Agreed. However the company was advertised for sale in 2007, but no sale made of course, Scott Snaith retaining the company.

I've no idea of the current intention.
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