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Docks Housing Development Gone Bust #1083959
13th May 2022 7:03pm
13th May 2022 7:03pm
Joined: Jul 2008
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diggingdeeper Offline OP

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The company developing those terrible lego houses on Wallasey Docks has gone bust. https://www.liverpoolecho.co.uk/news/liverpool-news/160-jobs-lost-outside-help-23954252

I don't understand how it is legal to create these companies specifically for certain developments without the owners having significant financial liability, they are often created and often go bust leaving the creditors to pay for the "mistakes" with a 19p in the pound return or similar.

Basically how can a subsidiary go bust when the parent company doesn't?


We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
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Re: Docks Housing Development Gone Bust [Re: diggingdeeper] #1083964
14th May 2022 10:25am
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Shocking how many developments go bust.

Re: Docks Housing Development Gone Bust [Re: diggingdeeper] #1083965
14th May 2022 11:04am
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Excoriator Online content
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That's capitalism for you. Corbyn might well have changed that. Starmer won't!

Re: Docks Housing Development Gone Bust [Re: Excoriator] #1083970
15th May 2022 11:23am
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Originally Posted by Excoriator
That's capitalism for you. Corbyn might well have changed that. Starmer won't!


Ever heard of anyone being shot dead whilst attempting to escape from a capitalist country to make a better life in a socialist one ?

Re: Docks Housing Development Gone Bust [Re: philmch] #1083971
15th May 2022 10:54pm
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diggingdeeper Offline OP

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Originally Posted by philmch
Originally Posted by Excoriator
That's capitalism for you. Corbyn might well have changed that. Starmer won't!


Ever heard of anyone being shot dead whilst attempting to escape from a capitalist country to make a better life in a socialist one ?


No, never heard of any, because there aren't any socialist states.

Corbyn is exactly the type that goes around shooting people after eating children for breakfast - remind me again how many people the UK Conservatives have killed, over quarter of a million is it and nobody blinks an eyelid! Life has become incredibly cheap under capitalist servitude.


We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Docks Housing Development Gone Bust [Re: diggingdeeper] #1083978
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And let's not look at the way America protected its people as compared to China.

America with 1,027,352 dead and China with 5,217.
America wi 3,070 deaths per million and China with 4.

Laughably, the Americans have deluded themselves that the Chinese are lying, despite the uninfected status of most ofChina being confirmed by western Journalists.

Re: Docks Housing Development Gone Bust [Re: diggingdeeper] #1083979
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Has it been confirmed that the developers have indeed gone bust?

Re: Docks Housing Development Gone Bust [Re: diggingdeeper] #1083980
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Gone bust my butt, more like they've realised their vile drywall timber framed piles of excrement wont sell for quarter of a million each.


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Re: Docks Housing Development Gone Bust [Re: Excoriator] #1083981
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diggingdeeper Offline OP

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Originally Posted by Excoriator
Has it been confirmed that the developers have indeed gone bust?


Yes, and it turns out the Government's "Homes England" had money in this venture as well which isn't mentioned in the above article.

https://find-and-update.company-information.service.gov.uk/company/08765683

https://find-and-update.company-information.service.gov.uk/company/11705899

https://www.theconstructionindex.co.uk/news/view/government-backed-prefab-firm-collapses


We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn

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