At the end of June 2021 the company was insolvent, with its debts exceeding its assets by more than 260,000GBP. For the trading year it showed a loss of 140,000GBP Estimated revenue for the year would be around 200,000GBP (65,000USD/QTR)
It owed the UK tax office 40,000GBP, has a bank loan of 45,000GBP and cash in the bank of 118,000GBP (half as much as the previous year).
12 months ago, definitely ready and poised to achieve a run rate of 1mUSD a quarter early 2022 then...... The hot air around the UK presently with record temperatures over 100F probably started in these peoples PR offices.
The only attraction for Pete and the boys is this crowd have money in the bank and they never had unless they sold stock into the pumps we see on here.
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