Treeaura

Treeaura

No Trees – No Future – Act Now

Suspension of trading


24th March 2020

Like many global trading entities we have unfortunately found ourselves having to temporarily suspend almost all trading activities until further notice. We naturally wish to see this crisis pass as quickly as possible, therefore we are fully complying with the emergency restrictions as set out by the British Government activated on the 23rd March 2020

We are confident that we will be able to fully resurrect all current projects providing the British Government’s Covid-19 restrictive measures do not persist for too long and the promised business support packages are both sufficient and forthcoming without delay.

In the interim our representatives in the UK, Spain, France and Germany will hopefully be able to answer any queries that you may have.

We look forward to moving forward after the period of lockdown and wish everybody well in the mean time, please stay safe.

Suspension of trading

Trading Update

The British Government had announced various support packages and measures for the majority of trading entities, unfortunately none of them were appropriate for our legal and operational structure, leaving Treeaura somewhat stranded.

However, during the first week of May 2020 the British Government finally announced further measures to try and plug a gap in the promised support, to encompass the needs of businesses such as ours. The new support package that Treeaura is entitled is unlike all other packages offered, it is the only one that is fully repayable and carries a small degree of interest.

We have taken into consideration the wider and long term affects of both the pandemic and what effect borrowing will have upon the future viability of Treeaura and its projects. Given the terms of what the British Government has offered via “The Bounce Back Loan Scheme” and the sums available, we have decided to proceed with borrowing which will guarantee Teeaura being able to fully reengage with all previous activities and ongoing projects. The loan will in fact enable us to boost our growth by contracting in certain services that will greatly assist us to leapfrog this trading hiatus, simultaneously adding greater efficiency and productivity to the overall operation of all projects.

Whilst the “Bounce Back Loan” application was simple there are however very long delays in processing the 100’s of 1000’s of applications.

In due course we will provide a further update. Thank you all again for your patience and understanding.

Stay safe and keep well.

Stephen Hathaway

Trading Update