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Wellesley Finance - yet more mini bond red flags, it’s May Day at the Kremlin again!

By Tom Winnifrith | Friday 21 February 2020


 


I last published an update about Wellesley Finance Plc on 7 January 2020 discussing the dire results for the year ended 31 December 2018.  The results of the Wellesley Group Investors Limited, the ultimate parent, for the year ended 31 December 2018 are now 4 and half months overdue so we cant evaluate how the whole group is performing. But there are yet more red flags now fluttering. the only thing we cannot say is when the car crash will happen.

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