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Parking Eye gets a visit from Court Bailiffs

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Comments

  • trisontana
    trisontana Posts: 9,472 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    This comment from Pranky's blog:-

    and a quick check reveals that Parking Eye LTD have a CCJ against them 10/03/2014 £108 3JD04274, and interestingly they have another CCJ, 06/02/2014, £325.00, Edmonton Court , 3JD11031, any ideas who this was?
    This has severely affected their credit rating, which is 25/100, "Higher than average credit risk" Looking at their new accounts, their profit has fallen by 69.96%, and their Net worth has fallen from £7.2m to £2.7m, a reduction of 61.5%. Nice one Capita, you have certainly bought a turkey.
    What part of "A whop bop-a-lu a whop bam boo" don't you understand?
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    So are we saying that Capita paid £57m for something worth £2.7m?

    Wow.

    Capita, if you are reading this what else is on your shopping list?
  • Hot_Bring
    Hot_Bring Posts: 1,596 Forumite
    Nodding_Donkey wrote: »
    So are we saying that Capita paid £57m for something worth £2.7m?

    Wow.

    Capita, if you are reading this what else is on your shopping list?

    It seems to be the standard - they paid £16m for the company I worked for and it was valued at only £3m ( by the then owner ).
    "The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis." - Dante Alighieri
  • Stroma
    Stroma Posts: 7,971 Forumite
    Uniform Washer
    I'm selling my company for £25m, I've only just started it, does anyone have the phone number for crapita ? ;)
    When posting a parking issue on MSE do not reveal any information that may enable PPCs to identify you. They DO monitor the forum.
    We don't need the following to help you.
    Name, Address, PCN Number, Exact Date Of Incident, Date On Invoice, Reg Number, Vehicle Picture, The Time You Entered & Left Car Park, Or The Amount of Time You Overstayed.
    :beer: Anti Enforcement Hobbyist Member :beer:
  • bazster
    bazster Posts: 7,436 Forumite
    1,000 Posts Combo Breaker
    Stroma wrote: »
    I'm selling my company for £25m, I've only just started it, does anyone have the phone number for crapita ? ;)

    Does it do anything legal and worthwhile? No? Make it £50m then.
    Je suis Charlie.
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    edited 13 April 2014 at 9:06AM
    I think the trick is to show loads and loads of made up invoices in your sales ledger and bump the worth up like that. By the time Crapita find out the sums due are fiction you have scarpered with the cash.

    They can have mine for a bargain price of only £20m (£10m if they pay within 14 days)
  • teabelly
    teabelly Posts: 1,229 Forumite
    Part of the Furniture
    If they are only managing 750 ish car parks with 160 staff then that's a heck of a lot of tickets they need just to pay the wages bill. The business model is completely unsustainable. With any luck PE will go bust and we will all laugh and laugh and laugh and laugh that yet another arrogant company that has been shown up by a bunch of people on a forum :D
  • trisontana
    trisontana Posts: 9,472 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Technically can't can't use the money from tickets to pay the wages bill. By law they can only claim for any "loss" that's been suffered so as to put them back into the same financial position before the "parking incident" happened. If they are making enough money to pay those wages, then that's an unfair penalty.
    What part of "A whop bop-a-lu a whop bam boo" don't you understand?
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    While it will be nice to see PE bite the dust knowing the original scammers have already trousered Crapita's £57m takes the edge of it a bit.
  • bazster
    bazster Posts: 7,436 Forumite
    1,000 Posts Combo Breaker
    Nodding_Donkey wrote: »
    While it will be nice to see PE bite the dust knowing the original scammers have already trousered Crapita's £57m takes the edge of it a bit.
    I think Capita is big enough and ugly enough to exact revenge on anyone it might feel has taken it for a ride.
    Je suis Charlie.
This discussion has been closed.
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