Quite clearly we have hit a raw nerve with this site. The dampproofingblog.wordpress.com website has decided to publish yet more claims which can’t be substantiated.
BT Preservation is first on the list to be targeted. Apparently after 25 years of successful trading with tons of works on the order book, they are ‘projected’ by the blogger to go insolvent! As such the guarantee’s will be worthless it claims. The blog forgets one important fact, the guarantees are insurance backed unlike the schemes run by Lifecote and the ISRT.
Next on the list is Olympic Construction. Apparently he is insolvent full stop. This is despite trading successfully and making a profit with a full order book.
Last of course is Richard G Johnson Ltd. I’m often found ‘halking’ around Cheshire apparently! I ‘claim’ to be a member of the Chartered Institute of Building (a claim I have made since 1995 when I was first admitted, to be honest) and I only work for cash. A dead link supposedly leads to my accounts.
Desperation springs to mind!
I think the blogger needs a lesson in accounting and in particular how to interpret accounts. The profit shown on abbreviated accounts is net profit after trading costs etc., not before. Therefore, if the bottom line is positive then the company is making money. If it is negative it isn’t. Trading insolvent is different altogether.
These types of tactics have been used before and will not work.
dampproofingscams 