{"id":30670,"date":"2019-03-26T15:00:02","date_gmt":"2019-03-26T15:00:02","guid":{"rendered":"https:\/\/jacothenorth.net\/blog\/?p=30670"},"modified":"2019-04-09T01:38:31","modified_gmt":"2019-04-09T00:38:31","slug":"dawnus","status":"publish","type":"post","link":"https:\/\/jacothenorth.net\/blog\/dawnus\/","title":{"rendered":"Dawnus"},"content":{"rendered":"

PLEASE APPRECIATE THAT I GET SENT MORE INFORMATION AND LEADS THAN I CAN USE. I TRY TO RESPOND TO EVERYONE WHO CONTACTS ME BUT I CANNOT POSSIBLY USE EVERY BIT OF INFORMATION I\u2019M SENT. DIOLCH YN FAWR<\/strong><\/span><\/p>\n

\u2666<\/span><\/strong><\/p>\n

\"\"<\/a>A story that’s taken up a lot of column inches and air time recently is the collapse of contractors Dawnus; which is sad in so many ways; lost jobs, another blow for my home town, and public money down the Swanee. (Or, in this case, the Tawe.) It’s this final consideration that seems to have exercised the minds of our tribunes and our scribblers.<\/p>\n

But the interest has been only superficial.<\/p>\n

Here’s a piece from the Wasting Mule<\/em> that seems satisfied to learn that two million pounds from a ‘Welsh Government’ loan of three and a half million has been returned, with the spokesperson confident that they’d soon see the balance.<\/p>\n

\"\"<\/a>
click to enlarge<\/figcaption><\/figure>\n

From reading that article you might get the impression that there’s a single company called Dawnus which received just one loan. The truth is rather different, and quite confusing.<\/p>\n

\u25ca<\/strong><\/span><\/p>\n

MORE THAN JUST A COMPANY<\/strong><\/p>\n

There are no less than 10 companies bearing the Dawnus name (with another dissolved). Then there are other companies also operating out of Unit 7 Dyffryn Court, Riverside Business Park, Swansea Vale, SA7 0AP, not far from Junction 45 of the M4.<\/p>\n

The full list of Dawnus companies with dates of their formation is:<\/p>\n

    \n
  1. Dawnus Construction Holdings Limited<\/a> (Originally Dawnus Construction Ltd) (07.06.2001)<\/span><\/li>\n
  2. Dawnus Ltd<\/a> (21.02.2002)<\/span><\/li>\n
  3. Dawnus Sierra Leone Ltd<\/a> (Originally Dawnus Developments Ltd) (14.01.2003)<\/span><\/li>\n
  4. Dawnus International Ltd<\/a> (Originally Dawnus Plant Ltd) (23.01.2003)<\/span><\/li>\n
  5. Churchfield Homes Ltd<\/a> (Originally Dawnus Homes Ltd) (06.01.2004)<\/span><\/li>\n
  6. Dawnus Developments Ltd<\/a> (Originally Dawnus Holdings Ltd) (20.10.2004)<\/span><\/li>\n
  7. Construction Recyclate Management Ltd<\/a> (Originally Dawnus Northern Ltd) (02.08.2005)<\/span><\/li>\n
  8. Quantum Geotechnical Ltd<\/a> (Originally Construction Geotechnical Ltd) (22.09.2011)<\/span><\/li>\n
  9. Dawnus Holdings Ltd<\/a><\/span><\/li>\n
  10. Dawnus Southern Ltd<\/a> (08.04.2011)<\/span><\/li>\n
  11. Dawnus Commercial Management Ltd<\/a> (1) (20.02.2013 – 09.06.2015)<\/span><\/li>\n
  12. Dawnus Group Ltd<\/a>\u00a0(02.09.2013)<\/span><\/li>\n
  13. Dawnus Commercial Management Ltd<\/a> (2) (24.08.2015)<\/span><\/li>\n
  14. Dawnus Consulting Ltd<\/a> (18.05.2018)<\/span><\/li>\n
  15. Dawnus International Group Ltd<\/a> (22.03.2019)<\/span><\/li>\n<\/ol>\n

    A number of things struck me when compiling that list. First, the sheer number of companies. Second, the way names seem to switch within the group. Third, Dawnus Commercial Management Ltd, why did it dissolve in June 2015 and resurrect in August, with the same director, Andrew Keay?<\/p>\n

    Come to that, who is Andrew Keay and why is he using the Dawnus name? All I know at the moment is that he also had his own company, Keay Cost Value Engineering Ltd<\/a>, and this also went belly-up in July 2015.<\/p>\n

    Then, last Friday, a new company was formed, Dawnus International Group Limited<\/a>, with its address given as, ‘c\/o Acuity Legal Limited, 3 Assembly Square, Britannia Quay, Cardiff CF10 4PL’.<\/p>\n

    Acuity Law<\/a> is well-connected in Cardiff Bay, and also with the higher levels of officialdom in Wales. Which explains why they’re lawyers for Carmarthenshire CEO Mark James. And they’ve done a great job of defending – nay, burnishing! – his reputation. Acuity will in no small part be responsible for the outpouring of communal grief that will accompany James’ retirement in June.<\/p>\n

    Of course most companies begin life using the address of an accountant or a lawyer before changing to a more permanent address, but I just find it significant that in this case it should be Acuity Law.<\/p>\n

    Now let us turn to loans made to Dawnus. Yes, there’s more than one.<\/p>\n

    \u25ca<\/span><\/strong><\/span><\/p>\n

    WHO OWES WHAT, AND TO WHOM?<\/strong><\/p>\n

    The newspaper article I reproduced above tells us that the Cardiff Bay management team made a loan of \u00a33.5 million to ‘Dawnus’ of which two million has been repaid. So there shouldn’t be much to worry about. Mmm . . .<\/p>\n

    Except that . . .<\/p>\n