LCF Charges to LONDON POWER MANAGEMENT LIMITED Cleared by Robert Sedgwick

According to the update from the administrators no loans have been repaid or are expected to be repaid imminently.

This doesn't tally with the Companies House record. According to that there was a loan from LCF to LONDON POWER MANAGEMENT LIMITED that had the charge cleared on 15th Feb 2019 after notification from Robert Sedgwick on behalf of the borrower that the charge had been satisfied.

Robert Mannering Sedgwick is not a director of LCF or of 
LONDON POWER MANAGEMENT LIMITED so under what basis is he submitting this statement.

https://beta.companieshouse.gov.uk/company/02504629/charges/N_PEkKbo30q6wtlY0HcTEu_XHAY

How can a charge be cleared when LCF have apparently not received any money from the company? In what capacity was Robert Sedgwick acting for LCF? He is not a director and presumably only the administrators at Smith & Williamson should be authorising any transactions on behalf of LCF at the moment as this notification was AFTER LCF were put into administration.

LONDON POWER MANAGEMENT LIMITED charge clearedby Robert Sedgwick
LONDON POWER MANAGEMENT LIMITED charge cleared

This company is also significantly overdue filing accounts and only accounts from 2015 are available, long before LCF lent so much money

Comments

  1. Just what I've been saying for over 7 months!! Nobody seems to care about doing anything about this wake up SFO !! Solicitors Robert Sedgwick & Alex Lee of Buss Murton Law LLP should have been one of the first to have been arrested as facilitators of theft,money laundering,fraud & asset concealment. Also being complicit in a Ponzi scheme. As they carried out virtually all of the legal work for the criminals.

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