Goooooogle Posted October 4, 2017 Share Posted October 4, 2017 Amey Hallam Highways Ltd co. no. 08121168 Latest accounts to financial year ending Dec 2016 have been made available. They lost £ 44 million ... Total net worth = minus £ 48 million. Maybe this is normal for these big infrastucture projects...? The vast losses seem to have come from Interest payments made , 7 million in 2014 , 10 million in 2015 and 55 million 2016... I do not know who these were paid to... This company is owned by Amey Hallam Highways Holdings Ltd. The shares of that are owned on a 3 way split between 3 companies: 07068048 AMEY VENTURES ASSET HOLDINGS LIMITED 07450135 EQUITIX HIGHWAYS 2 LIMITED 08063001 ABERDEEN INFRASTRUCTURE INVESTMENTS (NO 5) LIMITED Of these , a huge amount of money has been shovelled into the third one... £ 19 million in 2015 , £ 46 million in 2016. That is in turn owned by Aberdeen Infrastructure Partners LP. No information at all seems to be available on them , no figures and no ownership detail. These are all facts , no speculation. Link to comment Share on other sites More sharing options...
cgksheff Posted October 4, 2017 Share Posted October 4, 2017 (edited) Not surprising. Make sure you have nothing to lose when you walk off the contract. "Amey" hasn't lost, they've just shuffled the money away from the contracted company. In the same way that Sheffield airport made a "loss" by paying huge management fees to their holding company. Edited October 4, 2017 by cgksheff Link to comment Share on other sites More sharing options...
Puggie Posted October 4, 2017 Share Posted October 4, 2017 "Amey" hasn't lost, they've just shuffled the money away from the contracted company. It's pretty standard practice. It brings your corporate tax liability down to zilch. Link to comment Share on other sites More sharing options...
gribz Posted October 4, 2017 Share Posted October 4, 2017 Amey Hallam Highways Ltd co. no. 08121168 That is in turn owned by Aberdeen Infrastructure Partners LP. No information at all seems to be available on them , no figures and no ownership detail. These are all facts , no speculation. All interesting, however that part isn't true; ABERDEEN UK INFRASTRUCTURE PARTNERS LP Company number LP015081 https://beta.companieshouse.gov.uk/company/LP015081/filing-history It just depends how far down the rabbit hole you want to go with this, there are all sorts of pension funds etc. balls deep here; Hampshire County Council BBC Pension Trust Ltd Kier Pension Scheme EU Investment Bank Lloyds Bank Infrastructure Partner and so on.. Link to comment Share on other sites More sharing options...
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