When Highbury House Communications, the North London-based publisher of many well-known newsstand magazines, finally limped into administration, it had total net debts of £29.5m. Much of this had been ratcheted up by overly ambitious executives who overvalued acquisitions including Paragon Communications and underestimated the potential costs involved in launching new media products. In its terminal stage, one-time Sun editor and media hard man Kelvin Mackenizie took over the helm, allegedly sinking some £1.5m of his own money into the company. But after three months he walked away, admitting defeat. It seemed that this business was a complete 'basket case'.
Provides an interface between European customers and UK distribution partners. Bespoke customs clearance system Operates groupage service to and from Germany, Netherlands and Belgium.
Designs and installs a wide range of bespoke products, including indoor and outdoor kitchens, bathrooms, bedrooms, furniture, entertainment centres and bars. Caters to 10 active commercial clients. Client base includes several well-known organisation...
Specialising in greasing machines and dough lubrication, the company designs, manufactures, installs, commissions and services an array of products in the food processing industry. The business also offers a bespoke design service, building equipment...
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