The consequences of one’s actions can never be truly known. They ripple out into the universe and affect people in many different ways.
It is with great sadness we have to announce that two subcontractors who worked for and were owed sizable chunks of money, by Development House Limited, a company owned by David Pownceby (pictured) have unfortunately taken their own lives, due to the debts owed and the fact each of them had over the last few weeks become homeless.
As we know Quantuma Advisory have become the administrators to close down Development House Ltd, as of yet they have not been appointed by the High Court. This said this process can take a number of weeks.
Now here is a question. Do you believe in coincidences? We ask this because when a former company owned by David Pownceby Lilybrook Development Ltd, went into administration, the company appointed was RSM Tenon Recovery. The two administrators appointed were Alexander Kinninmonth and Duncan Robert Beat.
Now it just so happens that Quantuma Advisory, who are the administrators for Development House, now employ Duncan Robert Beat. Now we are not saying anything nefarious or underhand is going on, we make that very very clear. What we are saying is, this is a coincidence. From a statistical perspective, coincidences are inevitable and often less remarkable than they may appear intuitively. To give a simple example: Apples do not fall far from the tree.
In the meantime our condolences go out to those who knew the two subcontractors who took their own lives. This is what non payment by contractors can lead to, as they are never fully aware of the consequences of their actions.
The Shepway Vox Team
Dissent is NOT a Crime
