AT - high debts and finance director leaves on 18 July.
Is this good news?
Masurenguy - 22 Jul'08 - 08:20 - 1221 of 1222
From the Final Results to 31st Dec that were issued on April 9th
"The Group's net cash position improved by £3.0m during the year with net debt
reduced to £15.0m (2006: £18.0m)....Since the year end the Group has refinanced its debt and strengthened its balance sheet. The new facility with HBOS comprises a term loan of £16.5m amortising over 5 years and a committed revolving credit facility for £7.5m."