Ukip-vs-EUkip

We aim to inform YOU & provide an archive re: Ukip to TRY to make it fit for purpose

Ukip could be closer to bankruptcy than you thought …

Posted by Greg Lance - Watkins (Greg_L-W) on 21/03/2018

DO MAKE USE of LINKS,
>SEARCH<
&
>Side Bars<
&
The Top Bar >PAGES<

~~~~~~~~~~#########~~~~~~~~~~
.
Ukip could be closer to bankruptcy than you thought …
 .
~~~~~~~~~~#########~~~~~~~~~~

Posted by:
Greg Lance – Watkins
Greg_L-W

eMail:
Greg_L-W@BTconnect.com

The BLOG:
https://InfoWebSiteUK.wordpress.com

The Main Web Site:
www.InfoWebSite.UK

~~~~~~~~~~#########~~~~~~~~~~

.
The corruption of EUkip’s leadership,
their anti UKIP claque in POWER & the NEC

is what gives the remaining 10% a bad name!

000a ukip-025 count.png~~~~~~~~~~#########~~~~~~~~~~

.

Hi,

Rumours are swirling that UKIP may be facing bankruptcy over outstanding legal fees, owing £175,000 in a libel case brought against the party by three Labour MPs.

But Scrapbook can reveal – after having gained access to the party’s credit rating report – that the party may be have even greater trouble settling the bill than previously thought…

UKIP have a credit rating of just 26 out of 100, deeming them ‘high risk’, and entitling them to borrow the princely sum of… £0.

Yes that’s right, UKIP’s finances are deemed so precarious by credit assessors that they can’t borrow a single penny.

And their low credit rating has limited their credit worthiness to zero since August 2016 – previously having a credit limit of over £50,000.

UKIP saw their credit rating slide from an impressive 99/100 in March 2014 to the depths of 4/100 in June last year – and it’s only improved very slightly since then.

What’s is it about the state of UKIP’s finances that gives them such a lousy credit rating?

On the most recent assessment by due diligence website DueDil, the party’s net assets stand at -£174,000; their liabilities outweighing their assets.

The biggest hit to the party’s coffers appears to have come from fighting the 2015 election, which saw UKIP’s net assets slide from over £350,000 to a low of -£540,000.

How UKIP will be able to pay the £175,000 legal bill whilst having negative net assets and without being able to borrow any money is yet to be seen…

UKIP also have a County Court Judgement (CCJ) from January 2017 worth £2,991, which according to the financial records they’ve not paid.

We contacted UKIP about who the creditor was in this CCJ but our call was forwarded to Gawain Towler – UKIP’s former head of press who supposedly quit UKIP in February – who told us:

“I have absolutely no idea what you’re talking about.”

Although he did say he’d “look into it”.

It’s all hardly a ringing endorsement for a party that uses a pound symbol for their logo…

To view the original article CLICK HERE

Regards,

Greg_L-W.

~~~~~~~~~~#########~~~~~~~~~~
Posted by: Greg Lance-Watkins
tel: 44 (0)1594 – 528 337

Calls from ‘Number Withheld’ phones Are Blocked

All unanswered messages are recorded.

Leave your name & a UK land line number & I will return your call.

‘e’Mail Address: Greg_L-W@BTconnect.com

DO MAKE USE of LINKS,

>SEARCH<

&

>Side Bars<

&

The Top Bar >PAGES<

I try to make every effort to NOT infringe copyrights in any commercial way & make all corrections of fact brought to my attention by an identifiable individual

 

Please Be Sure To

.Follow Greg_LW on Twitter.

Re-TWEET my Twitterings

& Publicise My Blogs
To Spread The Facts World Wide
~~~~~~~~~~#########~~~~~~~~~~

We welcome comments but reserve the right to moderate & refuse libelous or offensive comments and those we choose to delete when written by unidentifiable individuals hidden in anonymity in a cowardly manner to defame or abuse. No comment has EVER been barred or deleted which is genuine & clearly authored by a named & identifiable individual. You will note many comments made have been commented on and even corrected by the blog owner. We welcome genuine comments.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

 
%d bloggers like this: