Canal Navvy
Well-known member
I wondered why their website was down this morning. They were a cracking firm to deal with back in the day when you were just as likely as not to be talking to Justin 
Total crap more recently though - I doubt other saw retailers will miss them much as they totally cocked the uk market up by volume selling with minimal margin.I wondered why their website was down this morning. They were a cracking firm to deal with back in the day when you were just as likely as not to be talking to Justin![]()
Total crap more recently though - I doubt other saw retailers will miss them much as they totally cocked the uk market up by volume selling with minimal margin.
Shame though, not a nice thing to see.
not filed accounts in 18 months
margins??I don't understand how such a popular company have managed to go so wrong.
Or lack of....margins??
I don't understand how such a popular company have managed to go so wrong.
If your business is buying and then selling for profit I struggle to see how these sort of losses build up (unless those at the top are bleeding the cash out of the firm……)£700k losses in the most recent accounts... fk knows how much this last year!
The losses were ‘administration costs’ on the balance sheet.If your business is buying and then selling for profit I struggle to see how these sort of losses build up (unless those at the top are bleeding the cash out of the firm……)
And at what point did someone think oh well trade our way out of a 700k debt by selling even more lower margin stuff and costs are increasing.... Directors be up and doing again tomorrow as well. Joke company law in this country.If your business is buying and then selling for profit I struggle to see how these sort of losses build up (unless those at the top are bleeding the cash out of the firm……)
read - salaries ... bleed it while it's possibleThe losses were ‘administration costs’ on the balance sheet.
as should be the case here too ... but the country's too corrupt ...... said it so many times .. bring back debtor's prisonsAnd at what point did someone think oh well trade our way out of a 700k debt by selling even more lower margin stuff and costs are increasing.... Directors be up and doing again tomorrow as well. Joke company law in this country.
Had a bit to do with a German outfit that went under ...state took them to the cleaners... litterally everything he had no hiding it like over here.
Thames water? 14 billion debts big bonuses to CEO then jacked tax payer might have to pick up the tab and pension funds will lose a fortune
There will be. It’s the Tory way. Privatise the profits and socialise the losses. Pricks.Interesting discussion regarding why Thames Water should just go into Administration rather than be Nationalized. Rees Mogg on GB news has it spot on. The water will still flow and there should not be a bail out to the lenders and shareholders.
Let's hope it's not the same for the new stretch of a30 down here they are doingSaw that ... interesting the big job they doing here is over running and still no completion date..