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Thursday, November 20, 2014

Liquidator Wants Payment From Lonsdale


Today's Hereford Times reports that Andy Lonsdale is being chased for £1,500+VAT owed to a liquidator.

Philip Gautier, working on the liquidation of Transdem Services Ltd, sold furniture from that firm to Lonsdale Construction Services Ltd for the sum in June 2013 but the paper reports it has never been paid, and quotes Gautier:

“As a result of lack of payment and co-operation generally from Mr Lonsdale, I have had to instruct my agents Marcus Matthews and Associates to threaten the removal of the goods and subsequent legal action to obtain further payments,”

Lonsdale claims to the paper that the current regime at Edgar Street have put £600,000 into the club - £100,000 more than he claimed a month previously to Andrew Easton in the aftermath of the Council's attempts to retake Edgar Street - and £400,000 more than he claimed in a statement posted to the club's official site on November 7th (link).

Meanwhile the paper also goes into details of Lonsdale's past financial history much of which first appeared on the SaveEdgarStreet.com

A few weeks ago this blog scratched the surface of Lonsdale’s former business dealings. We also revealed his tactic of opening up other firms in the name of his wife, daughter, son-in-law and half brothers. We’re hoping that details of the son-in-law and half brothers firms will be available shortly.
The details reveal that companies in Andy’s name have gone to the wall owing £7,103,528. It is also likely that this figure is much higher as there are a number of firms where the figures are unavailable. There are also four mortgages owed on ‘Ascot Bloodstock Properties and Investments’. Sharp eyed fans have already spotted ‘Lonsdale Consultancy Ltd’ set up in July 2014. It will be interesting to see how many invoices this company has already sent the Bulls. We would imagine that this was the vehicle used to pass on payments to Foyle and Porter after Lonsdale announced that he had provided them with a part payment in order to secure their removal from the winding up petition. Consequently Lonsdale will now be a club creditor.
Here are the full details:

Lonsdale’s wife and daughter get in on act too.
His wife, Gwendoline, has seen two companies fold owing £2,015,372. Figures from two further companies are also unavailable. One concludes that these companies would have been dissolved with debts.
His daughter, Alice, has been a director at three companies which have been dissolved. No figures are available for these businesses but again one can presume that these folded with debts too.
Here are the full details for Gwendoline and Alice:

These figures confirm that Lonsdale is a conman of the highest order. Andy and his family have been conning people over the years and lining their pockets at the expense of others. To the tune of millions! Remember these are the figures that have gone through the books too so, in our opinion, these figures are likely to be higher.
These figures also reveal that Andy is very experienced in the art of operating insolvent companies, how to maintain them and keep the courts at bay whilst simultaneously bleeding them dry and ripping people off. Essentially he is the perfect Chairman for a regime who only wish to invest the bare minimum in order to survive. With all this failure behind him he must know all the tricks in the book to continue trading. His skills at fobbing people off are clearly well practised and his ability to rewrite history is evident in his public statements. This blog would not trust Andy to tell them the time. We suggest you don’t either. If we trust him we will lose the battle to #SaveEdgarStreet.
If you are reading this as a creditor of the club we suggest you attach yourself to the winding up petition. If you don’t play hardball now then you will never get your money back.