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  1. Replies
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    Interestingly, he resigned as director at the...

    Interestingly, he resigned as director at the start of 2016.

    Must have milked it as far as he could. Look out for him at another BS in the future :lol:
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    Another £43k paid out in the 2014/2015 financial...

    Another £43k paid out in the 2014/2015 financial year.

    The Thompson's don't seem to be doing too badly out of this society :)
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    Pleasure. I will be looking closely at this one...

    Pleasure. I will be looking closely at this one this year ;)
    A pity it is such a distance or I'd be looking at the AGM :)
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    I passed this on to an interested party in the...

    I passed this on to an interested party in the press, but nothing seems to have come from it, and I get no responses to my emails.

    So it looks like they have "got away with it".
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    And £49k of recruitment fees? Who was this paid...

    And £49k of recruitment fees? Who was this paid to?
    Apart from Mr Thompson's company, who else did the society recruit and what do they do at the society?
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    He certainly is. 50% of the company is held by...

    He certainly is.

    50% of the company is held by MARK THOMPSON
    50% of the company is held by JACQULINE THOMPSON

    source

    I wonder if he's going to get the Society to put some work the way of MF...
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    Astonishing how things managed to "fall into...

    Astonishing how things managed to "fall into place just at the right time" for Mr Thompson

    Mail on Sunday / thisismoney article in 2011
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    The three questions you pose are very valid. I...

    The three questions you pose are very valid. I suspect if I make my own enquiries to HBS I suspect I will a) be told they can't divulge such information as it is commercially sensitive etc; and b)...
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    I SMELL A RAT Exceptional expenses relating to...

    I SMELL A RAT

    Exceptional expenses relating to "PROJECT SPARK"

    Consultancy fees £98,802
    Recruitment fees £48,995
    VAT £29,560

    Include in the above are consultancy fees of £57,000 + VAT...
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    Several rounds of cuts resulting in their...

    Several rounds of cuts resulting in their accounts being some of the most uncompetitive in the sector.

    They are relying on inertia similar to how a plc would, to cream off some extra profit, keen...
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    Increased lending? Must be higher value loans...

    Increased lending? Must be higher value loans then.

    2013: 1075 borrowers
    2014: 1056 borrowers

    Looking good so far!

    (source: kpmg)
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    Holmesdale BS - what is all this about?

    An idle moment passed and I picked up a copy of the Holmesdale BS Report 31 March 2014

    They made a loss of £190k last year, hit by an "exceptional expense" of £170k (see below), and there were...
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