UK 18:22 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I guess the in-tray for Laurence Moorse, the insider dealing Finance Director at Quindell (QPP), is getting to be a little on the bulging side: folks owed £180 million by the cash strapped company demanding immediate payment; letters from the FCA, letters from AIM regulation, the PWC memos on his dodgy accounting and now to add to his woes …Companies House has confirmed that its on his case.
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Comments
Lloorree
Hi Tom
What about HIMEX?
Aren’t some accounts overdue?
Thanks
RPC
Good for you, Tom, and thanks for acting on behalf of all of us “been-suckered-by-Aim-frauds” PIs.
The sooner that the fraudulent nature of many AIM listed companies is exposed, the better for all PIs.
Here’s a song for you – tune as in “Robin Hood, Robin Hood, riding through the glen,” or are you too young to remember the TV series?
Winnifrith, Winnifrith, the Sheriff of Aim,
Winnifrith, Winnifrith, he’s on to your game:
fraudsters beware,
nomads take care,
Winnifrith, don’t take no “pith”, Winnifrith.
Paulie Walnuts
LLOORREE,
The accounts for Himex are not overdue.
QPP/Himex appear to have pulled off a wonderful wheeze, whereby they’ve extended their accounting period to an 18 month period ending 30/9/14, so those accounts don’t now have to be filed until 30/6/2015,
There are rules covering this area to make sure companies don’t extend their accounts twice in a 5 year period. Himex extended their accounts in 2012 so would fall foul of these rules, so they appear to have utilised the option to extend the period if ‘aligning with that of a parent or subsidiary in the EU.’
Obviously, Himex’s parent QPP has a 31/12 year end, so they needed to align with a subsidiary. Step forward ‘Mileage Management Limited’, a minor sub of Himex, who used to have a 31/3 year end like Himex, but then miraculously extended to 30/9/14 on 26/10/14.
Anyone who can’t see that this is just a ruse by Himex/QPP to kick the can down the road as to when they file their next accounts needs their bumps feeling.
And i wouldn’t be wasting much time waiting for Companies House to hold anyone to task. They seem to be as much use as tits on a fish.