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  • Property-a-holics

    Inspired Assets goes into administration

    Two Partners from the specialist Restructuring & Recovery team at top 15 accountancy firm MHA MacIntyre Hudson, Mick Sanders and Georgina Eason, have been appointed by Court Order as Joint Administrators of Inspired Asset Management Limited and Inspired Developments (London) Plc.

    Inspired are specialist property investors, developers and asset managers, who focus on developing and refurbishing residential housing in emerging locations across inner, greater and commuter London.

    Sanders and Eason will lead the administration process, starting with a review of the two companies’ potential assets of £100m.

    Following the completion of this assessment, the Administrators will be writing to all known creditors and clients who may be owed money in the very near future. This written communication will contain information on the latest financial position of the companies and will outline the next steps of the process.

    Enquiries from affected parties should be sent to the Joint Administrators via inspired@mhllp.co.uk.

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    As in Martin Skinner who invested in Property Tribes?
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    Surprised property tribes got involved with a coke head who’s already been bankrupt at least once. Where’s the dd, makes me think about using your sponsors services, such a shame
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    Really really sorry for Martin Skinner, for the above and for what it seems a car accident he had in summer 2018

    https://www.wscountytimes.co.uk/news/peo...-1-9059224
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    Why feel sorry for someone who has just been convicted of being on a coke fuelled fast and furious run, which seriously injured a woman??

    Again, reflect the thoughts of others about DD and the lack off. Mike was a bankrupt before and I personally did not think he came across well.

    Amazing what the smell of money can do to people/companies not taking onboard sound DD advice. Warning signs are there in his accounts.

    No doubt he will pop back up after enjoying time at the Her Majesty's SA accomodation.

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    Scott, first it need to be read in a "wider" way and I meant to be sorry for the lady involved in the accident, as well as anyone involved in Inspired etc as well as Martin's son and anyone connected... but I am sorry for Martin Skinner as well, despite having met him only twice and having nothing to do with him, because he is a human being, and that is called "pity". You may not share that, but i think is rather personal.

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    Agree To disagree about feeling sorry for him. Grown man and had control of his actions. 

    Agree with your comment that it’s nothing to do with a BCP, but he had bigger problems with his finances. 

    Like I said, it’s not the first time he has gone pop and rose like a phoenix. He will probably do the same again.
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    Why are you sorry for someone who:

    1/ Took an illegal drug and seriously injured someone.

    2/ Ran a poor business with no business continuity plan in the event of his absence.
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    JohnA, (and @Law and @Scott as well), first it need to be read in a "wider" way and I meant to be sorry for the lady involved in the accident, as well as anyone involved in Inspired etc as well as Martin's son and anyone connected... but I am sorry for Martin Skinner as well, despite having met him only twice and having nothing to do with him, because he is a human being, and that is called "pity". You may not share that, but i think is rather personal.

    Concerning the continuity plan - Inspired must have had problem well ahead of the car accident sentence.

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