NIK ASKAROFF - FCA, EMC CEO
Never mind the quality, feel the width. They say that money makes the world go around, but these days it's all about corporate responsibility and sustainability. Indeed, new crimes like geographical genocide and ecocide are being proposed to curb over zealous developers from ruining our planet.
Nikolai Fawley Askaroff (NFA) passed away on a golf course in the Far East, on the 24th of December 2021. May he Rest In Peace.
HERALD - 31 DECEMBER 2021 - Tributes paid to award-winning businessman who died suddenly over Christmas
The Askaroff family moved to Eastbourne, after his father, Igor Askaroff, allegedly, escaped from Russia on a coal train, moving to Germany where he met the love of his life, Rosemary, who was thought to be only 13 at the time, so naturally her parents did not approve. Nevertheless, they secretly married.
The couple eloped to England and started to build a life in the UK, working their way up through manual jobs, until Rosemary found people were buying garments that she was making for her children, so much so that the couple had to outsource sewing jobs to dozens of small independent seamstresses in and around the Eastbourne area. One of the early garments was a Buggy Cape, designed to fit over prams and push chairs to keep babies dry when it was raining. As a mother with six boys, Rosemary knew a thing or two about being a working mother.
This business built up, until they were making high end nursery products and shipping to the likes of John Lewis, featuring Beatrix Potter characters. Clare Askaroff was at the time a fine artist, helping to create the line of baby products.
Nikolia was the second born of a number of boys: Noel, Alexander, Maximilian, Samuel and Oliver. A virtual production line of children that one may think of today as irresponsible in terms of global population and climate change. How times change.
Nik qualified as a Chartered Accountant in 1980 but quickly decided that there must be more exciting occupations than auditing, investigations and tax. His first position in industry was in a small family fashion textile company called Simplantex, based in Eastbourne, where he soon learned that, despite the grand title of financial director, he had to be involved in selling, exhibitions, packing cartons and even cutting material. He also experienced at first hand the problems that can arise in second generation family businesses.
He was a capable rugby player at school and he liked to ski.
His eyesight suffered, probably as a result of so much paperwork, and he wore contact lenses. Probably as a result of working late, one dark evening in 1983 he drove his Range Rover into one of the dykes along the Pevensey marsh road. He was rescued by his neighbour in Lime Park and towed home, using a Land Rover. A year or two before this, Nik had an accident in Eastbourne, where he'd probably [nobody knows the cause] had a bit to drink, covered in the local paper. Nobody was injured.
to the Eastbourne Management Consultant's website: Nik was EMC’s founder and chief executive, and
was a high profile businessmen in the South East with extensive experience of running companies of all sizes in numerous sectors.
- Corporate Finance (acquisitions & disposals; MBOs and MBIs; raising equity, including venture capital; sourcing debt; succession planning; preparation and review of business plans)
Recent assignments had included:
- Advice and assistance to MBO team with the purchase of a £40m business including due diligence and support and liaison with buyers, VCs and banks over a six month period.
- General review and advice to chairman of a £50m+ business on structure and management of group companies and assistance with developing strategic options.
- Effective part-time executive role over 6-12 months.
- Drafting of business plans and forecasts for presentation to investors, directors and bankers for a number of fast growing businesses. Agreement of strategy and monthly overview of performance against the plan with commercial financial input to the management.
- Acting on behalf of Institutional investor where invested company had failed to perform. Review of management and strategy, agreement of action plan and ongoing role to drive forward improvements.
- Advising on, assisting with and completing several corporate sales including targeting of buyers, negotiation assistance and advice through to completion.
THE DEALMAKER - Nik Askaroff celebrates 30 years at the helm of EMC (Sussex Life - 2019)
Nik Askaroff smiles as he talks about the moment 30 years ago when he took the decision
to quit his well-established, family-run, high-end nursery product business to strike out on his own.
Today EMC operates out of offices in Hove, Eastbourne, Maidstone, Tunbridge Wells, Epsom and London with 22 top-end consultants offering expertise across all the main business disciplines – finance, sales, marketing, strategic IT, production and operations – as well as having one of the largest and busiest
corporate finance teams in the region.
DISPOSAL OF A LIABILITY
Nik and his then wife, Clare, purchased Number 4 Lime Park in 1981, while he was still the Managing Director of Simplantex, (renamed Premier Baby). This property was in a very run down condition, in need of some serious re-modelling, reflected in the purchase price, as something of a bargain country house, though actually an end of terrace, the accommodation is spacious and the grounds sizeable.
The couple recruited a number of workers from Simplantex, and other tradesmen to help carry out a complete refurbishment. This included new central heating from 'Roselands,' complete electrical wiring, some replacement sash windows. A new kitchen, two bathrooms, much remedial work, and of course re-decorating throughout.
Though he may have known of the generating origins of the buildings that he and his former wife Clare transferred in 1982, none of that information was mentioned by Wealden District Council at any time during several planning appeals and high court actions. Though Clare Askaroff took the trouble to give evidence at one public inquiry.
For lack of local support, all of the council's guns remained trained on Mr Kruschandl, targeting him, not for the good works he was doing, but because they thought that they could single out members of the public they did not approve of as targets to remove from their administrative area, regardless of Article 14 protections, that should be afforded to every citizen regardless of status.
Wealden are thus guilty of institutionalised discrimination. Lime Park Estate Limited was not much better in remaining silent, until about 2019, after which property had changed hands, with new neighbours not in any way being involved in such matters.
FATHER & SON - Nik and his son Leo Askaroff, in their 1957 MGA classic sports car, co-drivers at the Le-Mans classic.
Lime Park Estates Limited was set up in March of 1985 by some of the residents in Lime Park, as company number 01893712 expressly to take over management of a shared access.
According to companies house this is a 'residents' property management company, code: 98000. But that may not be strictly accurate, where many of the occupiers in the Park are not represented and this company works against the interests of some of those who are not represented to cause loss contrary to the Fraud Act 2006.
Whereas, any company purporting to manage a shared drive exists to ensure that such access is secured for all. In this case there are two ways of accessing the shared drive, one of which is not properly being maintained.
Map of the Wealden District
Clare and Nikolai Askaroff were residents of Lime Park in 1981. Nikolai Askaroff transferred Lime to Clare Askaroff in 2008, as part of a divorce settlement. As a married couple they were not directors of Lime Park Estate Limited, but when separated Clare Askaroff (nee Martin) eventually became a director. She had been sitting in on meetings as a guest for some time. It appears that she was unable to prevent Henry Arnell and Peter Townley from pursuing their campaign to prevent the restoration of the old generating buildings in Lime Park, contrary to the general duty incumbent on every citizen to protest historic assets in England.
LINKS & REFERENCE
EMC Management Consultants Ltd and EMC Corporate Finance Ltd.
Hove, BN3 3AW
FARMING - The backbone of any society is the production of food to feed the population, though these days much of what we eat is imported from other producers, such as fish farmed in Asia. We can no longer find enough fish locally having exhausted our fisheries. Agriculture is also changing where we have drained the soil for so long with artificial fertilizers that yields will fall, meaning a shift to obtaining protein from the sea - but unfortunately we are disposing of around 8 millions tons of plastic in our seas - poisoning marine life that we need to keep us nourished. Food security is therefore high on the United Nations agenda via the Food and Agriculture Organization.