Discuss NAPIT bought out Stroma? in the Electrical Forum area at ElectriciansForums.net

Leesparkykent

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Are the rumors true? If it is, I can only see that as being a bit of a blow to Stroma registered......
 

Andy78

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Heard this for weeks now but not seen anything official. You think there would be obligations for official information in this instance ?
 

Murdoch

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Well ........ my Stroma membership is due in 5 days .............
 

Gavin John Hyde

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If they have then they will try to compete with certsure. Niceic and elecsa have same fees then surely stroma and napit would go the same?
I had heard something about stroma needing to put prices up but who knows?
 
N

Nigel

Stroma are finished. They will not be in the market in 12 months.

Napit are making some serious waves in the industry and NICEIC should be weary.
 

snowhead

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The only evidence I can present is this document.
A document filed in Feb 2019 showing a charge by a Leasing company against Napit, (same as a mortgage would be) usually for equipment or vehicles, it doesn't say.
Look at the company name on page 1, then scroll to the very last page.

Napit, Advancr Pdf
 

buzzlightyear

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The only evidence I can present is this document.
<?xml version="1.0" encoding="ISO-8859-1"?>
<Error><Code>AccessDenied</Code><Message>Request has expired</Message><X-Amz-Expires>60</X-Amz-Expires><Expires>2019-06-11T08:32:44Z</Expires><ServerTime>2019-06-11T09:10:06Z</ServerTime><RequestId>51373C978C8EF366</RequestId><HostId>b5aRCWvQFLM4GlCzt4SAMu10dpNDwxzHEt9zs4YG5aDjxJHwBvfGTf1B3XTl+ztSlVPNjTVZn1I=</HostId></Error> I will try and work it out ,with a enigma machine,lol.
 

telectrix

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jeez. no wonder solicitors charge £200+ per hour. I'd want more thsn that just to read that pile of legal jargon crap.
 

happyhippydad

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I'll believe it when I see it. It sounds a bit like Brexit, lots of noise but nothing actually happens.
 

Murdoch

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I'll believe it when I see it. It sounds a bit like Brexit, lots of noise but nothing actually happens.
Gosh thats a rather tedious read ........... but Stroma are referenced on it ...... but why?
 

Wilko

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The only evidence I can present is this document.
A document filed in Feb 2019 showing a charge by a Leasing company against Napit, (same as a mortgage would be) usually for equipment or vehicles, it doesn't say.
Look at the company name on page 1, then scroll to the very last page.

Napit, Advancr Pdf
Lovely - they couldn’t even be bothered to clean up the doc from a previous use.
 

Andy78

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Stroma are finished. They will not be in the market in 12 months.

Napit are making some serious waves in the industry and NICEIC should be weary.
As a Stroma member I'd be interested in any expansion on this info...
 
T

The Ghost

How anyone can construe that document, which is a charge on a loan as some kind of takeover of Stroma is beyond me.
 
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T

The Ghost

It does imply that they are a subsidiary
How do you divine that? I see mention of them but this a a class F commercial charge raised against NAPIT. The shares amount to 1p a nominal investment. Thats about it. Unless I have missed something.
 

naylorpd

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According to this morgage document NAPIT hold 100 Class B shares in Stroma Installer Certification Limited (SICL) - that strongly suggests that A.N.Other holds at least 100 Class A shares.

SICL was only incorporated on 24/12/2018 and has almost no info at Companies House. At the time of incorporation it had 100 shares of £0.01, not divided into classes, which were held by Stroma Group Limited. Nothing at Comps Ho about class A or B shares. SICL has two directors, both of whom are directors of multiple Stroma companies.

But...within 2 months of incorporation another class of shares has been created, allotted to NAPIT and mortgaged....interesting, because to create and issue another class of shares you would have to hold a shareholders meeting and file something at Comps Ho - but nothing there.
 
T

The Ghost

It still remains that there is no concrete evidence to believe Napit are acquiring Stroma @naylorpd ??? Surely just pure conjecture?
 

naylorpd

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It still remains that there is no concrete evidence to believe Napit are acquiring Stroma @naylorpd ??? Surely just pure conjecture?
No proof at all - only that NAPIT own some B shares in a Stroma subsidiary, evidenced by the mortgage document. Could be 50%, could be less, unlikely to be more. The name of the Stroma subsidiary implies that it is connected with supplier certification, but OTOH its a very new company. Another possibility is a joint venture rather than a takeover. But all conjecture, no public documents to prove.
 
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Leesparkykent

Leesparkykent

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so it turns out the rumors are true. Reading something, elsewhere that Stroma members are now being advised to ring NAPIT for any technical advice or anything regarding part P?
 

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