Sean Pratt #10 Sun, sex and suspicious Sean, he earns his money by making gay porn

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Blanc menswear owes near £45k in debt.

£30k is actual stock that’s secured against the debt so he is flogging his paper pants off at cost price purely to pay the stock off. He owes suppliers that money and every cent of it needs to go back to those suppliers off Ali Express.

It then looks like he has a further £11k in liabilities elsewhere (probably money owed from the last batch of stock, couple of computers and cameras and all types of pointless things he has bought in the company name).

It wouldn’t shock me that he put half of the crappy stock from Blanc womenswear onto the Blanc menswear books so he wasn’t trading insolvent.

I’m here to break the news to Sean and his co-owner that Blanc menswear is in dire financial condition.

It looks like during the course of 2020, they stupidly tripled the amount of stock thinking they were massively selling. Either a bad business call or COVID-19 has bitten them on the arse.

None of this could be true - just my review of the Companies House documents with a little bit of my own financial accounting knowledge.
 
Tigger20 said:
Blanc menswear owes near £45k in debt.

£30k is actual stock that’s secured against the debt so he is flogging his paper pants off at cost price purely to pay the stock off. He owes suppliers that money and every cent of it needs to go back to those suppliers off Ali Express.

It then looks like he has a further £11k in liabilities elsewhere (probably money owed from the last batch of stock, couple of computers and cameras and all types of pointless things he has bought in the company name).

It wouldn’t shock me that he put half of the crappy stock from Blanc womenswear onto the Blanc menswear books so he wasn’t trading insolvent.

I’m here to break the news to Sean and his co-owner that Blanc menswear is in dire financial condition.

It looks like during the course of 2020, they stupidly tripled the amount of stock thinking they were massively selling. Either a bad business call or COVID-19 has bitten them on the arse.

None of this could be true - just my review of the Companies House documents with a little bit of my own financial accounting knowledge.
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Amazing tea ! I always thought blanc was struggling for their constant sales lol
 
Dollybird said:
Amazing tea ! I always thought blanc was struggling for their constant sales lol
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Correct. The constant sales at near cost price shows that they are trying to pay back their creditors. Companies House shows that these debts are due within the next 12 months which shows these are supplier debts and not any kind of proper loan.

Not exactly “tea” but more a little knowledge on how to read financial statements 😜
 
She would have had much more attention (obviously what she desires) wearing some cute shorts and a tee and some converse. As a former raver I’ve never seen anyone go out dressed that. It’s too extra for the rave. As for the ex, if I saw him out I’d think he was such a Wally. 🙈 glad I did my raving before the Olivia’s brads going out in knickers and & insta era

Also show can you rave with your boobs out like that? Disgusting really
 
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Tigger20 said:
Blanc menswear owes near £45k in debt.

£30k is actual stock that’s secured against the debt so he is flogging his paper pants off at cost price purely to pay the stock off. He owes suppliers that money and every cent of it needs to go back to those suppliers off Ali Express.

It then looks like he has a further £11k in liabilities elsewhere (probably money owed from the last batch of stock, couple of computers and cameras and all types of pointless things he has bought in the company name).

It wouldn’t shock me that he put half of the crappy stock from Blanc womenswear onto the Blanc menswear books so he wasn’t trading insolvent.

I’m here to break the news to Sean and his co-owner that Blanc menswear is in dire financial condition.

It looks like during the course of 2020, they stupidly tripled the amount of stock thinking they were massively selling. Either a bad business call or COVID-19 has bitten them on the arse.

None of this could be true - just my review of the Companies House documents with a little bit of my own financial accounting knowledge.
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I'm shocked. Do you mean the world wasn't crying out for paper pants?
Oh Sean. All those work trips to factories (which you didn't like to take photos of 😂) in Mexico when you should've been enjoying your well earned holiday were a bit of a waste of time then.
 
Dollybird said:
I actually think the ex is more attractive than Sean lol
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To cat lady said:
She would have had much more attention (obviously what she desires) wearing some cute shorts and a tee and some converse. As a former raver I’ve never seen anyone go out dressed that. It’s too extra for the rave. As for the ex, if I saw him out I’d think he was such a Wally. 🙈 glad I did my raving before the Olivia’s brads going out in knickers and & insta era

Also show can you rave with your boobs out like that? Disgusting really
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Exactly.. that is someone who is there for attention not someone there to enjoy the music... god i sound ancient 😂
 
Tigger20 said:
Blanc menswear owes near £45k in debt.

£30k is actual stock that’s secured against the debt so he is flogging his paper pants off at cost price purely to pay the stock off. He owes suppliers that money and every cent of it needs to go back to those suppliers off Ali Express.

It then looks like he has a further £11k in liabilities elsewhere (probably money owed from the last batch of stock, couple of computers and cameras and all types of pointless things he has bought in the company name).

It wouldn’t shock me that he put half of the crappy stock from Blanc womenswear onto the Blanc menswear books so he wasn’t trading insolvent.

I’m here to break the news to Sean and his co-owner that Blanc menswear is in dire financial condition.

It looks like during the course of 2020, they stupidly tripled the amount of stock thinking they were massively selling. Either a bad business call or COVID-19 has bitten them on the arse.

None of this could be true - just my review of the Companies House documents with a little bit of my own financial accounting knowledge.
Click to expand...
That’s a lot of toe sucking and dildoing for Sean for the foreseeable future then!

although if he’s earning as much on only fans as he claims he is then it shouldn’t be an issue, so something doesn’t add up with the way he’s desperately flogging the paper pants 🤷🏻‍♀️
 
Tigger20 said:
Blanc menswear owes near £45k in debt.

£30k is actual stock that’s secured against the debt so he is flogging his paper pants off at cost price purely to pay the stock off. He owes suppliers that money and every cent of it needs to go back to those suppliers off Ali Express.

It then looks like he has a further £11k in liabilities elsewhere (probably money owed from the last batch of stock, couple of computers and cameras and all types of pointless things he has bought in the company name).

It wouldn’t shock me that he put half of the crappy stock from Blanc womenswear onto the Blanc menswear books so he wasn’t trading insolvent.

I’m here to break the news to Sean and his co-owner that Blanc menswear is in dire financial condition.

It looks like during the course of 2020, they stupidly tripled the amount of stock thinking they were massively selling. Either a bad business call or COVID-19 has bitten them on the arse.

None of this could be true - just my review of the Companies House documents with a little bit of my own financial accounting knowledge.
Click to expand...
From the figures we can't really tell anything at all. It may be very profitable. The liabilities debt are probably corp tax due and this is totally normal. We've no idea how much was paid out in dividends etc so we can't make any conclusions from it whatsoever.
 
Wind Fish said:
From the figures we can't really tell anything at all. It may be very profitable. The liabilities debt are probably corp tax due and this is totally normal. We've no idea how much was paid out in dividends etc so we can't make any conclusions from it whatsoever.
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I know financials.

For £30k to be Corp tax, they would have needed to make £200k (ish) in revenue to start with. Corp tax sits at around 30% of revenue.

Blanc made no more than £6k in revenue I think in 2019/20.

So no, that is not totally normal at all.

And I REALLY hope they aren’t choosing to pay dividends as a priority over creditors or they may find themselves in trouble.

To pay dividends, you needed revenue. Revenue wasn’t there.

But nice try.

Throw me some more theories and I’m happy to debunk them lol
 
Wind Fish said:
From the figures we can't really tell anything at all. It may be very profitable. The liabilities debt are probably corp tax due and this is totally normal. We've no idea how much was paid out in dividends etc so we can't make any conclusions from it whatsoever.
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Corp tax is paid on profits, given the bottom line is negative then there will be no tax to pay. Any director bonus would need to be accounted for plus these would be taxed at the appropriate rate.

Tigger20's assessment is probably more accurate. The best you can say is blanck is being run at a loss to offset any tax liabilities elsewhere, but is he smart enough for that? Doubt it.
 
Sorry - correction, Corp tax in the UK is 19%.

Still, in order for £30k to be Corp tax, it would need to have made £150k in revenue and yeah nah.

Spiv said:
Corp tax is paid on profits, given the bottom line is negative then there will be no tax to pay. Any director bonus would need to be accounted for plus these would be taxed at the appropriate rate.

Tigger20's assessment is probably more accurate. The best you can say is blanck is being run at a loss to offset any tax liabilities elsewhere, but is he smart enough for that? Doubt it.
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Tax liabilities from his OF and sex work?
Unlikely

Tigger20 said:
Sorry - correction, Corp tax in the UK is 19%.

Still, in order for £30k to be Corp tax, it would need to have made £150k in revenue and yeah nah.



Tax liabilities from his OF and sex work?
Unlikely
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They can’t even offset loss from Blanc women’s as they were dumb enough to create a separate entity for it.
 
Tigger20 said:
Sorry - correction, Corp tax in the UK is 19%.

Still, in order for £30k to be Corp tax, it would need to have made £150k in revenue and yeah nah.



Tax liabilities from his OF and sex work?
Unlikely



They can’t even offset loss from Blanc women’s as they were dumb enough to create a separate entity for it.
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Does he even declare that income from OF? Doubt that as well.
 
Tigger20 said:
Sorry - correction, Corp tax in the UK is 19%.

Still, in order for £30k to be Corp tax, it would need to have made £150k in revenue and yeah nah.



Tax liabilities from his OF and sex work?
Unlikely



They can’t even offset loss from Blanc women’s as they were dumb enough to create a separate entity for it.
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I did think it was bizarre that they set the womens up as a separate entity. I assume there's a reason it was done like this but I can't work it out. I'd love someone to do a proper deep dive into all these influencer businesses. I think there are a lot of skeletons lurking in accounts! Someone posted a link to an old article about sean and zahida further up and in that he's grabbing on about a dating site he set up. Whatever happened to that? Or did it never happen 🤔
 
ManicMayz said:
I did think it was bizarre that they set the womens up as a separate entity. I assume there's a reason it was done like this but I can't work it out. I'd love someone to do a proper deep dive into all these influencer businesses. I think there are a lot of skeletons lurking in accounts! Someone posted a link to an old article about sean and zahida further up and in that he's grabbing on about a dating site he set up. Whatever happened to that? Or did it never happen 🤔
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Absolutely no reason to have set up a separate entity unless they wanted to try and move a tonne of the liability into that entity and write it off but there’s laws against that. I just think they are dumb and don’t have business smarts.
 
Tigger20 said:
I know financials.

For £30k to be Corp tax, they would have needed to make £200k (ish) in revenue to start with. Corp tax sits at around 30% of revenue.

Blanc made no more than £6k in revenue I think in 2019/20.

So no, that is not totally normal at all.

And I REALLY hope they aren’t choosing to pay dividends as a priority over creditors or they may find themselves in trouble.

To pay dividends, you needed revenue. Revenue wasn’t there.

But nice try.

Throw me some more theories and I’m happy to debunk them lol
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You really don't know financials.

Corp tax is 19% of gross profits. Not 30% of revenue.

Yes you can carry on over a debt liability and pay out dividends as long as the debt is serviced. Lots of company's are stable and carry over some debt, it's often prudent.

I'm really not going to get any likes for this, but your posts are creative writing and you don't know much about financials.
 
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