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Ref Dragon's Den MBE Julie Meyer - a letter with questions to Leonard Curtis, administrator to Ariadne Capital

By Tom Winnifrith | Tuesday 9 January 2018


The stink surrounding former Dragon's Den Star Julie Meyer MBE, a member of the great and the good, grows by the minute. More and more folks are coming forward to spill the beans and Julie should brace herself for a stack more exposes to follow the exposes already published. Let's start with a letter to Ms Charlotte John, who works for Leonard Curtis, the administrator of Meyer's flagship company Ariadne Capital Ltd. I have sent her a letter. Smiley face.

 Re Ariadne Capital - questions from the Editor of ShareProphets to administrator Leonard Curtis

Dear Ms John. 

We spoke just now. You wanted questions, I look forward to your reply to my opening volley which follows..

1. Are you aware of the allegations of fraud & theft made against Julie Meyer & Ariadne Capital by the administrator of Taggstar, as revealed yesterday HERE? Are they being investigated as part of this receivership?

2. I am aware that certain contractors did work for other companies owned by Julie Meyer (often in Malta) but were instructed to bill Ariadne Capital Ltd in London and were sometimes even paid by Ariadne Capital Ltd. Will those sums now be reclaimed or is this just a freebie for Julie, a reward for doing God's work?

3. At the end of 2016 the amount owed to Ariadne and due within 12 months had zoomed ahead by c£4 million to £7,132,446. On the basis of this ballooning of sums owed that Ariadne was able to report a PTP of c£3 million in 2016 and, indeed, show a balance sheet with positive net assets. How much of that £7,132,446 was paid, converted into cash during 2017?

4. Were there any internal concerns raised about how Ariadne may have been trading whilst insolvent? If so would you comment on whether, in light of subsequent events, they were valid?

5. The rent on Ms Meyer's London apartment continued to be paid by Ariadne right up to the end while other staff went unpaid for months and some trade suppliers waited even longer. Do you regard this as a preferential treatment of one creditor and will you act upon it?

I look forward to your prompt reply.

Tom Winnifrith

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