The Pressery squeezed £143k out of 60 Crowdcube investors in March 2015. By November 2016 they had filed for closure with unpayable debts of another £80k plus. It's one we missed.
The company is still in liquidation nearly a year later.
Why are these stories never covered by any of the ECF or Altfi press and why do Crowdcube never even attempt to explain what went wrong? It may well have been an authentic business that just tried to scale and failed - but we dont think so looking at the pitch and its claims.
Trade creditors were owed £99k. That is not helping anyone.
Yet another one for the growing list. Come on Crowdcube either try harder or push off.
Well I never! An organic almond press based in Hackney run by Two millenial former fashion designers has gone bust. This had train wreck written all over it, you'd have been a fool to invest. Well at least the taxpayer looses out on the SEIS and who knows maybe these two inspiring entrepreneurs had a nice fat government funded startup loan, what a joke.
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