The business style of Coboco, in a nutshell: their habitual mode is to take money and services from bone fide investors, tradespeople and utility companies, without paying anything out. They have found, quite simply, that they can get away with it. In practice, obtaining a County Court Judgement (CCJ) against any member of the group is a totally worthless procedure since it is too expensive for victims to make legal claims for reimbursement through a court. As of this writing, the legal system allows for the existence of a loophole whereby certain slippery individuals can, so far with impunity, relieve honest people of their money, services or supplies.
Readers will note that the following website bears a startling resemblance to the now-defunct Castle & Gatehouse website and the director is Mark Black:
It will further be noted that extravagant percentages are offered to investors in joint ventures, which bears an uncomfortable resemblance to Coboco's tried-and-tested pattern of touting for investment—and getting the money— on the basis of unrealistic promises.
Also of interest is that the Zoopla entry for Novocastria Lettings now redirects to 'Adavo Property.' Apparently, they have 84 properties available for rent as of this post. Investors, students and contractors should beware of this setup.