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Post by miff on Feb 20, 2018 12:08:11 GMT
I happen to know some of the people actually involved in the lifting of the juice rails on the EOR, the and the current owner of the EOR who, I think you'll find if you delve enough in Companies House records, traces back to the same person throughout its history. Being a Director of a company does not necessarily mean you own or control it. I believe the current owner was a minority shareholder and one of the EOR directors (but not Chairman) during the later period of the dark ages. Serious restoration of the line began only after he acquired full control in 2007. |
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roythebus
Pleased to say the restoration of BEA coach MLL738 is as complete as it can be, now restoring MLL721
Posts: 1,275
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Post by roythebus on Feb 20, 2018 18:34:04 GMT
I researched this on Companies House not very long ago. It's a bit of a tangled web and I no longer have the notes I took, but the same name underlines everything. What I found doesn't match with what you may believe.  The Companies house site is now free to use. It made an interesting couple of hours finding out. |
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Post by silenthunter on Feb 20, 2018 19:40:39 GMT
Government papers are usually released after thirty years, so 2028. Going down to 20, so we should get this fairly soon. The old insulator pots have been sold as garden ornaments - you may still be able to buy some. |
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Post by miff on Feb 20, 2018 20:02:06 GMT
I researched this on Companies House not very long ago. It's a bit of a tangled web and I no longer have the notes I took, but the same name underlines everything. What I found doesn't match with what you may believe. The Companies house site is now free to use. It made an interesting couple of hours finding out. I’m familiar with the Companies House online setup, and the reports there are a matter of public record. The annual returns give the number of shares owned by each shareholder. For example the 17/11/2006 return for EOR Holdings shows that one person (who is no longer a shareholder or director; and is not the current proprietor) owned almost 46% of the company at that time and another four shareholders, three of whom are no longer directors or shareholders, owned smaller amounts. A year later the ownership was substantially different and that’s when exciting things started to happen. So I stand by my earlier statement although I’ll acknowledge I don’t know when the juice rails were removed or who decided to do it. By all means PM me if I’m missing something! Routing around in Companies House can be fun, but I appreciate it doesn’t tell the whole story. |
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Post by ted672 on Feb 21, 2018 8:41:31 GMT
Surely if the line was bought "as is" then it is the owner's prerogative to dispose of any assets that are no longer required. I don't see the need for implications of impropriety.
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Post by littlejohn on Feb 21, 2018 9:53:09 GMT
Ted672 - absolutely. Similarly I have, over the years, owned a number of preserved coaches. When I sold them on I tried to make sure that they stayed within the preservation movement but it is entirely up to the person who stumped up the cash to decide what to do with them.
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Post by miff on Feb 21, 2018 16:48:18 GMT
Surely if the line was bought "as is" then it is the owner's prerogative to dispose of any assets that are no longer required. I don't see the need for implications of impropriety. I don’t think there have been. However before the present proprietor took control the EOR company (originally called Pilot Developments) undertook, when they bought the line to restore a commuter service; failed to deliver it; and did very little restoration. They seemed much more interested in the property redevelopment of surplus land which, I presume, made lots of money. No impropriety here either, that I’m aware of, just a lot of stinky politics involving a number of people and organisations. |
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roythebus
Pleased to say the restoration of BEA coach MLL738 is as complete as it can be, now restoring MLL721
Posts: 1,275
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Post by roythebus on Feb 22, 2018 19:41:41 GMT
It would appear that the original company Pilot Developments Ltd did nothing at all according to companies house records, that company did not appear to have acquired any assets except the £100 share capital. that company changed its name in 1998 to Epping-Ongar Railway Holdings Ltd. with the current owner Roger Wright as the major player.
Pilot Developments ltd has subsequently re-appeared as a totally separate company with no apparent connection to the EOR.
It would as Miff says have made sense to dispose of surplus assets to finance what is there now. I've just spent another happy hour delving into Companies House records for what it's worth. Maybe someone with time to search the Land Registry records would like to find out who actually owns the land? Has it actually been bought by the EOR or is it leased from TfL or whoever owned it in 1998?
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Post by Chris W on Feb 22, 2018 21:32:51 GMT
ADMIN INTERVENTIONI have watched this thread develop over the past few days with increasing concern... Members here will know that we have an official EOR presence here. So that no-one makes a speculative claim, that they might later regret, this thread is now locked. A post from our informed member will be forthcoming in due course...
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Post by Chris W on Feb 28, 2018 19:24:13 GMT
I have received the following from our EOR representative...
Moving forward questions are perfectly acceptable, however it’s important that facts are used, rather than for members to post unnecessary speculation or insinuation.
The thread is unlocked again... |
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