[UPDATE 31.01.2026] 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.
Now that the dust has settled ... my more detailed summary as a result of just following the Company Law Compliance failings and related documents: QUANTEXA Limited – A complete write-off (Footnotes and URL's follow at the bottom) Puffed and promoted by successive Prime Ministers 1 , and now the Rt Hon Rachel Reeves MP, Chancellor of the Exchequer 2 , the latest accounts prove that in reality it is one gigantic confidence trick riddled with fraud, theft and false accounting, with Boards of Directors – actual and advisory – stuffed with ex Chiefs of MI5, MI6, GCHQ and Interpol who just look the other way when faced with endless breaches of UK statute law, self dealing and false accounting by the company and its investors – of which British Business Bank plc wholly owned by the Department of Business and Trade is the largest when you take into account it's funding of other shareholders - including the inveterate liar and Director of Quantexa , Richard Seewald of “Evolution E...