D
Deleted member 27898
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You'll have to excuse me on somethings because my information comes secondhand as I don't work there anymore and I may or may not respond to any questions because I don't come on here a lot so I might miss them.
Unless something major happens the company is going to be around until April next year minimum. However they are currently in a bad spot right now. I won't say figures but they need a make a certain amount of money before April 2024 or they will close down. If they do make enough money Santander (Who they took out the stupid loan with) will look at renegotiating said loan because Colin was a moron and based the repayment amount off what the company was making during covid (which was a lot)
What happened is it was decided by someone or some people (No idea who) that we would beome an employee partnership and buy 75% of the company from Steve. This was all fine and we were steadily paying back Steve. Then for whatever reason Steve decided he wanted the rest of the money he was owed straight away. So to cover this they took out a loan with Santander, Steve got paid off and went on his merry way not looking back or caring about what happened to Gemporia even though he still owned 75%. Then after the world started going back to normal things started to get difficult. It was harder to get stock in (which is why you keep seeing the same stuff over and over again. We were sick of it too) and prices shot up. As well as that the pound crashed and they buy everyting in US dollars so the exchange rates meant everything was more expensive to bring in.
Communication in the company was appalling. Colin would never respond to anyone so unless you were actually in front of him the likelihood of ever getting any answers were slim. Even then when you did speak to him it always seemed like he didn't know what he was doing. Gemporia was falling on hard times and needed a leader but he certainly wasn't it. He was at the top looking after his do no wrong merchandise team who were some of the rudest and most unhelpful people I ever had the unfortunate pleasure of working with. Honestly trying to schedule a good show was next to impossible with those lot around. Not even mentioning the sales managers who were beyond useless. That position eventually got removed and was overseen solely by Colin who couldn't manage his way out of a paper bag.
By the way the working on tiny margins thing a complete load of bull. You see those pieces of Jade on screen pretty much every day? It's because they're the only things currently in stock that actually makes any money. This is because they cost something like £2 to make and then they mark it up to £100+ pounds. It's daylight robbery especially when you look at the actual quality. Oh and don't even get me started on what they actually say regarding treatments. Just one example was a really expensive parabia they sold a month or so back. Jake was on screen saying it was natural. HE'D CHANGED THE RECORDS TO MAKE IT SAY NATURAL. Whether this was orginally a mistake or he's lying I can't say because I genuinely don't know but you guys can be the judges of that.
As for Jake now being made the new MD I think that's a horrendous decision. He was always a very demanding guest for our directors but in the new plan when the redundancies were announced he and Colin thought it was a good idea to have directors doing 8 hours on air each to cover the 16 hours of live tv each day. He was happy to work them into the ground. I don't know if they've adjusted them now but the prerecorded shows are just taken as a 4 hour block. If a presenter runs over you'll just see them get cut off mid sentence which is honestly hilarious to see. Professionalism doesn't exist for the prerecords. Probably because no one in production ever thought they were a good idea.
Any coming to my last bit of info. Colin was withholding information and the bank decided they couldn't work with him anymore and approached Steve which is why he's back in some regard now. The company was actually going to go into administration this month before the bank intervened. That's how badly Colin messed up the company. How much influence Steve'll have over what happens going forward I don't know but I honestly don't think he wanted to come back in the first place.
Anyway take what you will from this
Unless something major happens the company is going to be around until April next year minimum. However they are currently in a bad spot right now. I won't say figures but they need a make a certain amount of money before April 2024 or they will close down. If they do make enough money Santander (Who they took out the stupid loan with) will look at renegotiating said loan because Colin was a moron and based the repayment amount off what the company was making during covid (which was a lot)
What happened is it was decided by someone or some people (No idea who) that we would beome an employee partnership and buy 75% of the company from Steve. This was all fine and we were steadily paying back Steve. Then for whatever reason Steve decided he wanted the rest of the money he was owed straight away. So to cover this they took out a loan with Santander, Steve got paid off and went on his merry way not looking back or caring about what happened to Gemporia even though he still owned 75%. Then after the world started going back to normal things started to get difficult. It was harder to get stock in (which is why you keep seeing the same stuff over and over again. We were sick of it too) and prices shot up. As well as that the pound crashed and they buy everyting in US dollars so the exchange rates meant everything was more expensive to bring in.
Communication in the company was appalling. Colin would never respond to anyone so unless you were actually in front of him the likelihood of ever getting any answers were slim. Even then when you did speak to him it always seemed like he didn't know what he was doing. Gemporia was falling on hard times and needed a leader but he certainly wasn't it. He was at the top looking after his do no wrong merchandise team who were some of the rudest and most unhelpful people I ever had the unfortunate pleasure of working with. Honestly trying to schedule a good show was next to impossible with those lot around. Not even mentioning the sales managers who were beyond useless. That position eventually got removed and was overseen solely by Colin who couldn't manage his way out of a paper bag.
By the way the working on tiny margins thing a complete load of bull. You see those pieces of Jade on screen pretty much every day? It's because they're the only things currently in stock that actually makes any money. This is because they cost something like £2 to make and then they mark it up to £100+ pounds. It's daylight robbery especially when you look at the actual quality. Oh and don't even get me started on what they actually say regarding treatments. Just one example was a really expensive parabia they sold a month or so back. Jake was on screen saying it was natural. HE'D CHANGED THE RECORDS TO MAKE IT SAY NATURAL. Whether this was orginally a mistake or he's lying I can't say because I genuinely don't know but you guys can be the judges of that.
As for Jake now being made the new MD I think that's a horrendous decision. He was always a very demanding guest for our directors but in the new plan when the redundancies were announced he and Colin thought it was a good idea to have directors doing 8 hours on air each to cover the 16 hours of live tv each day. He was happy to work them into the ground. I don't know if they've adjusted them now but the prerecorded shows are just taken as a 4 hour block. If a presenter runs over you'll just see them get cut off mid sentence which is honestly hilarious to see. Professionalism doesn't exist for the prerecords. Probably because no one in production ever thought they were a good idea.
Any coming to my last bit of info. Colin was withholding information and the bank decided they couldn't work with him anymore and approached Steve which is why he's back in some regard now. The company was actually going to go into administration this month before the bank intervened. That's how badly Colin messed up the company. How much influence Steve'll have over what happens going forward I don't know but I honestly don't think he wanted to come back in the first place.
Anyway take what you will from this