ASPIRE BRANDS (Lydia's 'Investment') Is In Financial Distress
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Hope she's not referring to
ASPIRE energy drinks (the company she says she invested in).
Don't let the spin fool you...
Aspire energy drinks reported an asset deficiency as of 2018
ASPIRE BRANDS INT LTD. (09103029) is owned by Neil BLEWITT and Darren Keith LINNELL (Ali's friends?). They sell fruit and vegetable juices, mineral water and soft drinks. According to their latest UK gov. filings, they are underwater and cash poor! Simply put, their
liabilities exceed their assets which is an Asset deficiency.
Basically it is a sign of financial distress and indicates that a company may default on its obligations to creditors and may be headed for bankruptcy. Could they have turned it around in 12 months? Possibly. We'll know in Dec. 2019 once they file.
View the latest Balance Sheet on file here.
Lydia is a bonafide imbecile when it pertains to business.
She is blithely unaware that
company financial statements are public knowledge and easily accessible. So she can't deceive intelligent people. I'm an entrepreneur and I've been running 3 successful companies over the last 10 years, all of which I founded right after University and built from scratch. (The main reason I can't drag her using my public IG or Twitter).
So I can call her on her BS every single time in this regard.
Anyone who has a clue can tell Lydia doesn't have a clue.
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