Hear new rumors that they might be in financial difficulty.

Anyone know anything ?

I fancy one of the flats opposite endcliffe park, but their a tad on the expensive side.

£275k when they were first released. Though i suspect they are cheaper now !

Similar question was asked a few weeks ago - but the thread was closed.

http://www.sheffieldforum.co.uk/showthread.php?p=3566816

Thread was closed as someone had answered the question, but never substantiated even when asked.

A little over zealous IMO

I doubt it to be fair we know the family

rumour has it there has been a rescue package, but the way things are going it may only be temporary

I know for a fact that one of their sites on Solly Street no longer has workers on it; rumours are that the labour force was pulled out due to non payment of invoices. I've also heard rumours that the security company looking after some of the sites haven't been paid and will soon pull out.

There's a lot of talk going on, some suggestions are the company owes the bank somewhere in the region of 60 - 70 millionGBP but are currently only pulling in around 30k a week in rents etc, thats about 1.5M a year, which is enough to pay the bank debts off over 40 years or so, but perthaps not other debts - thats if you believe rumours and gossip..

strange that they have had no adds in the property guide for the last two weeks

their account with the Telegraph is probably on stop for non payment....

Did they have an office on Crookes Rd as that has closed down.

I know for a fact that one of their sites on Solly Street no longer has workers on it; rumours are that the labour force was pulled out due to non payment of invoices. I've also heard rumours that the security company looking after some of the sites haven't been paid and will soon pull out.

I think you need to check your FACTS. There were workers on Solley street yesterday when i popped into Tesco's store next door.

Also their office in Crookes is still open although the sign outside says they are moving to Garden Street in the city.

I think you need to check your FACTS. There were workers on Solley street yesterday when i popped into Tesco's store next door.

Also their office in Crookes is still open although the sign outside says they are moving to Garden Street in the city.

I went past on the bus the othe day and all the shutters were down, and there was a sign stating for sale due to relocation

I think you need to check your FACTS. There were workers on Solley street yesterday when i popped into Tesco's store next door.

Also their office in Crookes is still open although the sign outside says they are moving to Garden Street in the city.



Hello person with 1 post on here LOL

Can you tell us why there have been no builders on riverdale for a month

Hello person with 1 post on here LOL

Got to start somewhere, the first post is normally the start:hihi:

Can you tell us why there have been no builders on riverdale for a month

No idea.
Maybe like lots of other developers/house builders they have slowed down their building programme due to the economic situation. Have you not seen how many people Persimmon/Taylor-Wimpey/Bovis etc have laid off in the past few months?

LOL

What does this mean?

It means laugh out loud.

Maybe like lots of other developers/house builders they have slowed down their building programme due to the economic situation.



Well maybe

BUT surely this must ne their highest value site
Its a lovely plot

They must have paid £££££ for it so it makes no sense to have it empty whilst they pay heaps of interst on it

Surely if they had any equity they would be throwing builders at it so they can realise some capital

But no

And today theres lots of parking again on Riverdale Rd
Not the usual collection of dozens of white vans and cement mixers

Look bad to me

Te he
(Sorry couldnt resist that)

Well maybe

BUT surely this must ne their highest value site
Its a lovely plot

They must have paid £££££ for it so it makes no sense to have it empty whilst they pay heaps of interst on it

Surely if they had any equity they would be throwing builders at it so they can realise some capital

But no

And today theres lots of parking again on Riverdale Rd
Not the usual collection of dozens of white vans and cement mixers

Look bad to me

Te he
(Sorry couldnt resist that)

Do you know that they borrowed money to do this development or are you surmising? If they didn't or didn't borrow very much then the interest payments may be affordable to them.

Following on from that it makes no sense to 'throw' equity at any property development at the moment as your returns may well be better in a year or two's time. No one knows but sitting tight may be the best option for them.

i have worked on solly st and riverdale and i know they owe thousnds of pounds to subcontractors a lot more to one plumbing and heating contractor

Riverdale Road was without workers for a while but now they've resumed work although on a veryreduced scale (about 3 workers compared to them running about like ants in the past year). Nearly all the plant machinery has been taken off site too.

Just Want To Add To Towercranes Deffensive Reply , Yes Merlin Are In A Mess And Owe Contractors And Security Companies Thousands . Take A Look Outside There Office , People Demonstrating For Payment With Boards , Doesnt Look Like A Company That Have All There Finances In Order To Let This Happen Outside There Head Office , And If There Was No Truth In It Y Havent They Been Moved On... Y Dont They Just Pay People That Have Done Work For Them , I Know If Someone Was Owed Money And Was Letting The World No At My Office They D Be Paid Up Quick Smart ... All I Can Say Is Pay People Merlin For Work Theve Done For You .

Just Want To Add To Towercranes Deffensive Reply

Didn't realise my reply was deffensive.
I personally lost money when the Sheffield Ski Village went bust & a company i worked for in the 90's was owed over £300k by a steelwork manufacturer who went bust and my employer got 'F' all.

If lots of companies are owed money buy Merlin they must be worried and are no doubt taking steps to recover monies owed. I just don't think some of the comments on this thread help.

ps. Can't you spell?
pps. Don't you do GrammEr :hihi:

ps yes can spell , 9 gcse but , most people on these sites write in slang , so thought would join them. y do you always end a paragragh with a snide comment ..........

takes one to know one, can't you spell grammar!? haha

Didn't realise my reply was deffensive.
I personally lost money when the Sheffield Ski Village went bust & a company i worked for in the 90's was owed over £300k by a steelwork manufacturer who went bust and my employer got 'F' all.

If lots of companies are owed money buy Merlin they must be worried and are no doubt taking steps to recover monies owed. I just don't think some of the comments on this thread help.

ps. Can't you spell?
pps. Don't you do GrammEr :hihi:

Had a chat with a Sheffield estate agent today and she said that all the agents in Sheffield were making substantial cutbacks because 'nothing was selling'. On the grapevine I've heard of numerous redundancies related to housing and construction - siteworkers, solicitors, managers, engineers. It seems likely that any number of estate agents must be sailing very close to the wind - but I've seen nothing about this in the Star or Telegraph... anybody got any theories why they would under-report the dire state of Sheffield's property market?

Hi Just To Carry On About Merlin They Have Had Winding Up Order Put On Them And The Hearing Is Thursday.,.,, There Are Still Companies Outside There Office Demanding Payment ,, Take A Ride Pass , They Will Be Back Monday..............

Who owns Merlin? I've seen a Rolls Royce parked outside their office in Crookes and assume it was something to do with them and not the co-op next door. And if it is, will the owner lose the roller?

contrary to what people think, its a good time to build, as so many of the big builders have laid staff off, they are in plentiful supply and the tenders are coming in lower as contractors compete for work.

There is a way of doing business in the construction industry, and at these times its usually those who have been sat on their cash over the past 5 years who will come out on top. You have a be a bit of a b'stard but ho-hum.

Are Merlin likely to be flogging off any land that might be suitable for self-build?

Sorry, that sounds a bit self interested, doesn't it.

Hear new rumors that they might be in financial difficulty.

Anyone know anything ?



Was sent this link today by a semi-anonymous benefactor

http://www.thestar.co.uk/business/Flats-developer-bid-to-beat.4376075.jp

Don't know if that's the full story.

Right now there are two chaps standing outside Merlin's Crookes office with nicely printed placards.

The first reads "Some people are experiencing difficulty getting paid for work done for Merlin Estates"

The second, held by a chap in a security uniform, reads "Will you get paid if you work for this company?"

yes your right , ive actually spoken to them today , and they were security for the sites , they didnt pay the company and then deirdre kept promising them payment so they wouldNT pull off sites . when they said they couldnt go on any longer , she didnt pay , and is now making excuses that things went missing off sites .. she sounds a real scoundrel and do sheffield really need a company , like this doing development for them. she also owes thousands to ROBINSON CONSTRUCTION IN DERBY AND IT IS THEM WHO HAVE PUT THE WINDING UP ORDER ON THEM.. SHE ALSO OWES BUILDERS AND MUST HAVE COURT CASES ALL YEAR , the economy his hard hit enough without a company robbing off everybody who is trying to earn a living ,,, i think she will have to pay up soon has this is not good for any business who are meant to be building a better future..

Right now there are two chaps standing outside Merlin's Crookes office with nicely printed placards.

The first reads "Some people are experiencing difficulty getting paid for work done for Merlin Estates"

The second, held by a chap in a security uniform, reads "Will you get paid if you work for this company?"

bit pointless as they have moved from there . there is currently no one on the riverdale sight

They Are At Merlins Main Office Not Riverdale , I Think Not Pointless At All , They Are Making Public What A Company Is Doing ,and Investors Wont Want To Touch Them , Good On Them And Lets Hope She Pays Them Soon ...

They Are At Merlins Main Office Not Riverdale , I Think Not Pointless At All , They Are Making Public What A Company Is Doing ,and Investors Wont Want To Touch Them , Good On Them And Lets Hope She Pays Them Soon ...

if its got this far ,then the chances of them getting paid about zero . unfortunately investors pay no attention to 2 guys with placards , . anybody dealing with them should have done their homework and demand so much up front

yes maybe your right but were talking a lot of work merlin are hoping to do , i think once the papers get hold of it shell have to pay , were not just talking one company shes done loads. has for paying up front you dont have a prayer no big companies work like that , you must have dropped on if you get payed before a job ........

yes maybe your right but were talking a lot of work merlin are hoping to do , i think once the papers get hold of it shell have to pay , were not just talking one company shes done loads. has for paying up front you dont have a prayer no big companies work like that , you must have dropped on if you get payed before a job ........

you seemed to have missed the point .they havent got the money to pay and no one is going to invest or lend it to them

Merlin Estates are owned by Michael Boulding and his wife Deidrie. They operated as Boulding Industrial Supplies near Atlas Works on Carlisle Street in the 1980s and went bust there. They owed me £180 - so big deal! I learned from that, the bankrupcy papers later showed they owed nearly a million then which was huge in the 1980s. They avoided losing everything by putting things in her name, then they bought Castle Dyke House on Ringinglow Road, the place thet Naseem Hamed bought. They sold it to him. They then bought Beauchief Hall which was sold on, possibly to that other famous Sheffield bankrupt Hichcliffe! Michael Boulding's brother is Tom Boulding the landlord of Fagans pub on Broad Lane. It faces the now defunct development accross the road, funny old world .......

yes your right , ive actually spoken to them today , and they were security for the sites , they didnt pay the company and then deirdre kept promising them payment so they wouldNT pull off sites . when they said they couldnt go on any longer , she didnt pay , and is now making excuses that things went missing off sites .. she sounds a real scoundrel and do sheffield really need a company , like this doing development for them. she also owes thousands to ROBINSON CONSTRUCTION IN DERBY AND IT IS THEM WHO HAVE PUT THE WINDING UP ORDER ON THEM.. SHE ALSO OWES BUILDERS AND MUST HAVE COURT CASES ALL YEAR , the economy his hard hit enough without a company robbing off everybody who is trying to earn a living ,,, i think she will have to pay up soon has this is not good for any business who are meant to be building a better future..

This is exactly how Hazel Homes wangled money and ended up in trouble.

it would be amusing to tell the disgruntled people who are owed money to get their free drinks at Fagan's ....order a pint and then don't pay for it!

Merlin Estates are owned by Michael Boulding and his wife Deidrie. They operated as Boulding Industrial Supplies near Atlas Works on Carlisle Street in the 1980s and went bust there. They owed me £180 - so big deal! I learned from that, the bankrupcy papers later showed they owed nearly a million then which was huge in the 1980s. They avoided losing everything by putting things in her name, then they bought Castle Dyke House on Ringinglow Road, the place thet Naseem Hamed bought. They sold it to him. They then bought Beauchief Hall which was sold on, possibly to that other famous Sheffield bankrupt Hichcliffe! Michael Boulding's brother is Tom Boulding the landlord of Fagans pub on Broad Lane. It faces the now defunct development accross the road, funny old world .......

That wouldn't be remotely funny. What has anything got to do with anyones brother?

it would probably give them more chance of getting some of their money back by bringing the issue closer to home. Sounds like they don't exactly play fair so why should others!?

That wouldn't be remotely funny. What has anything got to do with anyones brother?

Merlin Estates are owned by Michael Boulding and his wife Deidrie. They operated as Boulding Industrial Supplies near Atlas Works on Carlisle Street in the 1980s and went bust there. They owed me £180 - so big deal! I learned from that, the bankrupcy papers later showed they owed nearly a million then which was huge in the 1980s. They avoided losing everything by putting things in her name, then they bought Castle Dyke House on Ringinglow Road, the place thet Naseem Hamed bought. They sold it to him. They then bought Beauchief Hall which was sold on, possibly to that other famous Sheffield bankrupt Hichcliffe! Michael Boulding's brother is Tom Boulding the landlord of Fagans pub on Broad Lane. It faces the now defunct development accross the road, funny old world .......

I thought he bought it off that Gremlin guy?

Not sure of the sequence, but it was DEFINITELY Boulding's home at one point. They may have bought it from the council when they closed it from an elederly person's care home, David Wish lived there, Lara Croft's dad (Mr. Gremlin). Whatever, they did own it quite soon after Boulding Industrial Supplies went bust.

I Agree 100 Percent , They Sound Like They Get Away With Robbing People ,, How Come Fraudsters Dont Get Arrested Has Basically That Is All These Two Are , I Hope That One Of The Companies They Owe Pay A Visit To Fagans Pub ,what A Appropiate Name .,hes Probably Got A Business In His Name ,, Lets Face It One Of The Companies They Owe Is A Security Company And They Dont Mess About With Cranks Like The Bouldings , If Shes Not Going To Pay Then They Might As Well Let The Family Know What She Does, She May Just Have A Few Pound In Her Pot To Pay Then,. I Think The Tax And Vat Will Be Interested In Information On Here . Her Reign Of Robbing May Be Coming To A End...

you've got to pick a pocket or two...

I Agree 100 Percent , They Sound Like They Get Away With Robbing People ,, How Come Fraudsters Dont Get Arrested Has Basically That Is All These Two Are , I Hope That One Of The Companies They Owe Pay A Visit To Fagans Pub ,what A Appropiate Name .,hes Probably Got A Business In His Name ,, Lets Face It One Of The Companies They Owe Is A Security Company And They Dont Mess About With Cranks Like The Bouldings , If Shes Not Going To Pay Then They Might As Well Let The Family Know What She Does, She May Just Have A Few Pound In Her Pot To Pay Then,. I Think The Tax And Vat Will Be Interested In Information On Here . Her Reign Of Robbing May Be Coming To A End...

perhaps the Bouldings will be reviewing the situation...

MAYBE THEY OUGHT TO SIGN IN ON HERE , AND SEE WHAT SHEFFIELD PEOPLE THINK ABOUT THERE DEVELOPERS BOULDING THE ROBBERS , WONDER IF THERE RELATED TO dick turping, even he wore a mask...

Trouble is they have done nothing that is illegal. They have very clever accountants who are good at losing money.

Well If Its Not Illegal , Ill Borrow From A Bank , Have Builders Come In , Do There Work , Fit It Out With Top Gear ,, And Then Say Sorry Ent Got No Money ,, It Stinks What She Is Doing , And The More People That Come On This Site And Comment , The More I Realize This Country Is Knackered , If She Gets Away With This There Is No Justice ,, I Feel Like Standing With The Protestors Myself Because This Company Make My Blood Boil. I Hope The Families Of The People Shes Robbed All Congrigate Round Her Office And See What She Says To Them Face To Face, .

they should all go for a free drink in you know where.... obviously don't tell them :hihi:

Well If Its Not Illegal , Ill Borrow From A Bank , Have Builders Come In , Do There Work , Fit It Out With Top Gear ,, And Then Say Sorry Ent Got No Money ,, It Stinks What She Is Doing , And The More People That Come On This Site And Comment , The More I Realize This Country Is Knackered , If She Gets Away With This There Is No Justice ,, I Feel Like Standing With The Protestors Myself Because This Company Make My Blood Boil. I Hope The Families Of The People Shes Robbed All Congrigate Round Her Office And See What She Says To Them Face To Face, .

Yes Think A Drink Is In Order, And All Raise Are Glasses To The Bouldings For There Commitment To Ripping Off Everybody,,,, ..please Let Them Get There Just Deserts ,, I Think I Might Apply For A Documentary On These Two ,, Im Sure Roger Cook Will Sort Em...........

Merlin Estates are owned by Michael Boulding and his wife Deidrie. They operated as Boulding Industrial Supplies near Atlas Works on Carlisle Street in the 1980s and went bust there. They owed me £180 - so big deal! I learned from that, the bankrupcy papers later showed they owed nearly a million then which was huge in the 1980s. They avoided losing everything by putting things in her name, then they bought Castle Dyke House on Ringinglow Road, the place thet Naseem Hamed bought. They sold it to him. They then bought Beauchief Hall which was sold on, possibly to that other famous Sheffield bankrupt Hichcliffe! Michael Boulding's brother is Tom Boulding the landlord of Fagans pub on Broad Lane. It faces the now defunct development accross the road, funny old world .......
Yes everything you have said is very true, I was almost duped by Mick Boulding a few years ago but I got word just in time before I did a big job for him. They live in a luxurious house near me they have 3 grown up children with well known names Just google Deidre Boulding and it's all there. I know that they owe one ordinary contractor with a house and family to keep over £100,000. This has snowballed where he owes his sub contractors, bank, merchants, Inland Revenue, VAT and of course he is having problems at home with his wife and kids.
I've seen the men demonstrating outside Merlin's office on Crookes, they have nothing to come, I feel so sorry for them but the Bouldings have a way of dealing with these things.

well lets hope something happens , sooner rather than later ,,

Well Going On What You Have Just Said ,, Im Glad There Marriage Is In Tatters , Thats One Good Thing Thats Come To Them , Hope There Children Grow Up To Be Better Business People Than There Parents ,, Lets Hope Someone Close To Them , Talks Them To Do The Right Thing And Pay People They Owe , I Think There Losing Any Credability They Had , And I Know Its Only A Matter Of Time Till They Lose Everything....

The son is a pro footballer at Mansfield and also a pro tennis player!.

They wasted our time once over a job.

Looks like they are getting waht they deserve.

Well Going On What You Have Just Said ,, Im Glad There Marriage Is In Tatters , Thats One Good Thing Thats Come To Them , Hope There Children Grow Up To Be Better Business People Than There Parents ,, Lets Hope Someone Close To Them , Talks Them To Do The Right Thing And Pay People They Owe , I Think There Losing Any Credability They Had , And I Know Its Only A Matter Of Time Till They Lose Everything....
Sorry sweetshop you miss-read my post I said the the man Merlin Estates owed over £100,000 to is an ordinary working man and HE is having trouble at home because of the lack of money coming in because he has worked for a long time with no pay. If the Bouldings are having marriage problems I don't know, I don't think so because this issue will not bother them in the least they are used to it. Just been past their house there are 3 very expensive cars in the driveway, Hope they will be repossessed next week.
Their daughter is a pop singer she was on Radio Sheffield with Rony Robinson a few weeks ago.

yes sounds like there children are all doing well , all paid for with everybody elses money...

ps yes can spell , 9 gcse but , most people on these sites write in slang , so thought would join them. y do you always end a paragragh with a snide comment ..........

No one on this board writes in text speak, and most make some sort of effort at spelling and punctuation, please join them.

And please don't capitalise every word, it's very difficult to read.

Trouble is they have done nothing that is illegal. They have very clever accountants who are good at losing money.

Non payment of invoices is a breach of civil law.

. They live in a luxurious house near me they .

Where abouts?

Whether you disagree with how someone has run their business or not is no excuse to invade their privacy on a forum.

Closing.