When Highbury House Communications, the North London-based publisher of many well-known newsstand magazines, finally limped into administration in early 2006, 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'.
Skill-based competitions provider selling low-cost tickets to consumers with the opportunity to win cash cars houses & electronic prizes.
Long-standing client base spanning 40 years including county, district and housing associations. Large forward order book with untapped tender opportunities, generating reliable revenue streams for the business.
A grounds maintenance company providing landscape maintenance and soft landscaping services to clients operating within the commercial, public and private sectors. Offers a wide variety of services including grass cutting, highway services, countrysi...
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