The Prankster previously wondered whether ParkingEye would be issuing a profits warning.
It seems like other companies are similarly worried about ParkingEye. Here is Experian's take on the matter.
They also have a new unsatisfied CCJ for £490.You have new Business Express Monitoring AlertsThere has been a significant fall in shareholders' funds over the latest accounting period.
In our view this company is a potentially higher than average credit risk. Our recommendation is to offer limited credit until a good trading pattern is established. Add to your monitoring list.
14 Oct 2014 County Court Judgment TORQUAY A0JD9590 £490
06 Feb 2014 Satisfied CCJ EDMONTON 3JD11031 £325
01 Sep 2009 Satisfied CCJ PRESTON 9QT48712 £60
The Prankster remains concerned about ParkingEye's long term viability and their strategy of putting all their eggs in one basket. If ParkingEye fail, then landowner's may potentially be liable to all parking charges issued on their behalf in the last 6 years which turn out to be unenforceable penalties. The Prankster therefore recommends landowners make a risk assessment of the situation and take any appropriate action.
Apparently the Registry Trust have made an error in this case and the CCJ was against the motorist, rather than ParkingEye.
ParkingEye have contacted The Prankster, who is happy to put the record straight.
The Parking Prankster