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'.
An established bar and restaurant manufacturer and fit-out contractor in Lancashire is available for acquisition, offering a unique opportunity for entry or expansion in the hospitality industry.
Explore a prime opportunity to acquire a business specialising in precision sheet metal components and fabricated assemblies, situated in the Midlands.
This well-presented dental practice in East Yorkshire boasts three modern surgeries and operates entirely on a private basis, ensuring a strong and consistent income stream.
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