Welcome to Celtic Unreliables
Keeping shareholders up to date.
This site is an unofficial shareholder website provided for the smaller shareholders who have invested in Celtic Renewables through crowdfunding only to be completely ignored and treated with contempt by the board ever since.
Over four years since the first Crowdcube fundraising and a year since the last one, we barely hear a word. It feels as though they are happy to receive our money but then have no interest in keeping us up to date.
Celtic Renewables are obliged by Crowdcube to write to us using the Crowdcube platform at least every 4 months. This is not happening.
Our commitment to you.
Our commitment to you is to share with you any information we find online about the company that helps build an understanding of the progress it is making. Most of the news that's not included on the official site takes the form of posts on LinkedIn. But even these provide no updates about matters discussed in previous newsletters. In other words, the story goes cold.
Latest news
30 October.
The Abundance debenture holders voted 76.7% in favour and 2.9% against deferring the interest due on the shares to 30 September 2027. Interest amount owed will continue to accrue interest at 9.% per annum.
Strategic partnership announced.
Celtic Renewables and Enzyme Supplies announce Strategic Partnership to Accelerate Sustainable Green Chemical Production.
'This new strategic collaboration brings together Enzyme Supplies’ cutting-edge enzyme formulations with Celtic Renewables’ award-winning bio-refining process, producing bio-based chemicals from by-products and waste. More
Meeting with Abundance shareholders - 22 September
An online meeting took place on Monday 22 September led by Mark Simmers discuss the deferment of interest due to the Abundance shareholders.
Annual report and consolidated accounts for Celtic Renewables 2024, are now available.
In addition, the directors' report and financial statements are now available for Celtic Renewables (Grangemouth) Limited. C
Promotional film promotes 'green' consumer products which will use Celtic Renewables' bio products.
The company has produced a very nice 'film', as they call it, to communicate what they do. It is sort of a business to consumer advert but clearly helps investors better understand the company's role in a circular economy.
