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'.
Main provider of care within the geographical area. Strong 2nd tier management team in place, including 100 care staff Strong relationships with local services. Freehold Premises included within the sale. Offers invited.
Provides automotive oils, fluids and lubricants to clients in the automotive, rail, metalwork and industrial sectors. Also supplies a range of original equipment manufacture (OEM) approved products for prestigious, blue-chip clients. Offers invited.
Provides a wide range of bespoke oak furniture options, including mantles, fire surrounds, shelving and mouldings. A full turnkey operation, from initial product planning through to final distribution and delivery. Offers invited.
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