Through fear and intimidation, Nick Algar has had threads detailing Luke Algar and Playskool Motorsport’s ineptness and corruption removed from the web. Specific examples being the Westfield Sportscar Club and Pistonheads.com.
Ex-director of Playskool Motorsport and ESP Plastics. Father of Luke Algar.
In discussions about the safety and liquidity of the business, Luke had stated that he pays no rent and so his outgoings were minimal and safe. Yet, when the business folded, a charge for £5,383.98 appeared on the books to be settled – to his father Nick Algar's rental company, along with another charge of £51,715.68 directly to his father..
The company was folded, with a little over £10,000 in (questionable) outstanding bills owed to it. However, on the books, they claimed £100,000 owed to themselves.
That figure included :-
£51,715.68 to Nick Algar.
£42,813.00 to Luke Algar.
£5,383.98 to Nick Algar's property company.