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QUANTEXA Ltd and The British Business Bank once more demonstrate why Company Law Compliance failures are always a leading indicator of trouble or worse including false statements in accounts.

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 ... see previous post ... documents only made available today (more than 2 weeks later) Phew…. The Directors and Auditors of Quantexa managed to sign off the accounts on a Friday, and get them to Santa in time to stuff them down the chimney in Cardiff 5 days later …. but what scams were the Directors and Advisors trying to hide for as long as possible – not least since Vish’s summertime statements about ARR? One Heck of a Lot! My first “snap” review shows the following: Page 12 and Note 29: Major AI product mega-hyped only to abandoned after a year https://www.applytosupply.digitalmarketplace.service.gov.uk/g-cloud/services/626250958862770 and https://www.quantexa.com/press/quantexa-news-intelligence-solution-designated-awardable-for-department-of-defense-work-in-the-cdao-s-tradewinds-solutions-marketplace/ BUT Note 13 on Page 40 makes no write-down for the considerable intangible asset valuation on the balance sheet. That optimism seems completely unjustifiable (s...
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[UPDATE 07.01.26] Welcome to 2026 - UK Government continues to sponsor law breaking.

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[UPDATE 07.01.26] Proof positive that the Department of Business and Trade is grossly incompetent - a "fetid swamp" as Private Eye called it - and why no-one can rely on the UK as a safe well-regulated environment for investment. I wonder just what pack of lies told by The British Business Bank plc  everyone has been trying to withhold for as long as possible? I wonder what the date of the postmark was on the actual filed accounts - perhaps only Santa knows as he may have dropped them down the chimney on the 24th December. This is now 6 years in a row that Vishal Marria has deliberately and with malice aforethought abused the known deliberate delays in processing at Companies House to hide his and his co-directors false statements for an extra few days. Each set of accounts contains confirmation of Vish's outright lies about prior fund raising. Will anyone ever properly resource Regulators? Not as long as Albion Capital are involved in anything! As for the EU ever again r...
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Companies House finally opening investigation under the Economic Crime and Corporate Transparency Act 2023 for Company Law Compliance failures.

  https://otv2go.blogspot.com/2025/12/companies-house-today-confirms-it-is.html
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Nice timing given my earlier post today ! Endemic corruption in the UK.

  https://assets.publishing.service.gov.uk/media/6932caa7375aee4a15ee8c8c/36.37_HO_JACU-Strategy_v12b_FINAL_WEB.pdf  "Despite the government waxing lyrical about how important whistleblowers are at spotting and unveiling corruption, its strategy lacks detail on how whistleblowers will  actually  be protected from blowback" - Politico Don't I know it !
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Nice to be totally vindicated and validated by words in the 2 day old "Final Report of the Covid Counter Fraud Commissioner" - but the job is only half done

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Para 2.43 The Dissolutions Objections Process (DOP) helped protect the taxpayer from losses in BBB’s COVID-loan schemes  https://assets.publishing.service.gov.uk/media/693807357a605b2d61cd8f54/E03505750_HMT_CP_1462_v04_ELAY.pdf The Attorney General tried to block completion of the job at the direct request of Kemi Badenoch and her predecessors. Let us now see what the High Court makes of my still extant, but temporarily stayed, personal application for Declaratory Relief that will stop every scumbag in the world (including the Chairman of the Consertvative Party Rt Hon Kevin Hollinrake MP as he had to admit to Parliament but has since publicly contradicted) being granted a "get-out-of-jail-free" pass by the Department of Business and Trade for any and all money laundering and other economic crimes. QB-2021-003636
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With so many readers of this blog (well into 3 figures in the last 12 hours), can you help get the ball rolling?

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  https://www.crowdfunder.co.uk/p/otv2 https://www.crowdfunder.co.uk/p/otv2
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Not again.... Solicitors Regulation Authority shows why self-regulation never works in the UK. Can anyone ever trust any UK Regulator?

  https://caselaw.nationalarchives.gov.uk/ewhc/kb/2025/2341 The SRA's response reported today? "we will be sympathetic" ... https://www.law360.co.uk/commercial-litigation-uk/articles/2418642? Perhaps one day the SRA will stop protecting "the shiny badge" at all costs as evidenced in the reports of it's false and indefensible submission to the Court - which it later withdrew!. Perhaps one day it will complete it's investigation into direct money laundering by the son of a Judge and his colleagues.deliberately misusing client accounts at Harcus Sinclair (a defunct firm) over an Isle of Man property company?  https://indus30yearfraud.blogspot.com/ Will they adjudicate on Howard Kennedy partners? We shall see. How was this discovered? By the defendant simply checking the detail - was the individual a registered Solicitor. Answer: NO. Reminds me of the reprobate Insolvency Practitioner Philip John Singer who falsely stated to the High Court that he was a Part...
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Serious Fraud Office gets involved in Company Law Compliance ... about time too!

  https://www.gov.uk/government/publications/sfo-guidance-on-evaluating-a-corporate-compliance-programme/sfo-guidance-on-evaluating-a-corporate-compliance-programme Perhaps the SFO knew what depths of depravity were being plumbed by Octopus Capital Group and Howard Kennedy llp before the most bizarre application was made to the High Court to have hearings held in private and that no record of the judgment ever be made public to cover-up the most appalling compliance failures by all 5 (yes five) of the Octopus VCT funds (see  https://otv2go.blogspot.com/ ) Until the hearing I suggest it is unsafe, certainly unwise, for anyone to invest any money with Octopus - you need to "follow the money" all the way to the home of "the Deponent" - a good title for John Grisham's next book!  https://meridianbvi.com/waters-edge-building/ Have you read The Gulag Archipelago? If not you should do so, and you will see exactly what what Howard Kennedy is trying to get the High Cour...
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It wasn’t just the OBR that screwed over The Chancellor of the Exchequer on 26 November 2025 .....

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If this is the best the UK can do, heaven help us. (aka why it pays to check Regulatory and Company Law Compliance filings against source documents ..) Someone got The Chancellor to put her name to yet more puff and promotion of the veritable dog of all time – run in part by ex MI5, MI6 and GCHQ “executives” and a global conman:- Richard Seewald of Evolution Equity that the British Business Bank has sent £tens of millions to, and whom the FCA, SEC and Bank of England still fail to hold to account for repeatedly lying to the SEC about being regulated in the UK as recently as 14 August 2025. (Box M page 2 Form ADV) https://assets.publishing.service.gov.uk/media/6925e64222424e25e6bc31b1/Entrepreneurship_prospectus.pdf Quantexa is not “a $2.6bn valued company” and The British  Business Bank knows it: ask for a copy of the Register of Members to see the scam BBB pulled in the “Series F” why does Quantexa never publish accounts until the very last possible ...
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More proof that the UK is the global centre of economic crime with thanks to yet more corrupt ICAEW members who know they will never be held to account

 Will anyone ever wake up in this "regulatory pox ridden" country? Today's Times: https://www.thetimes.com/business-money/companies/article/hmrc-bfi-film-tax-kl7kc09ld all anyone had to do was follow the compliance failures for the last decade: eg https://find-and-update.company-information.service.gov.uk/company/10494135/filing-history Even Kevin Hollinrake MP, Chairman of the Conservative Party, wasn't quite this bad when he had to admit his failings to Parliament and then doing nothing when he was the short lived responsible Secretary of State.  His public comments since then seem to contradict his previous denials of business inactivity - plus ca change. and as for the BBC illegal workers story:  https://www.bbc.co.uk/news/articles/c0mx99ple17o "Many of the businesses are dissolved after about a year, and then re-opened with small changes to official paperwork. These businesses have "all the red flags" associated with organised criminality, a financ...
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