We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Land OF Leather | LSE:LAN | London | Ordinary Share | GB00B39TSN74 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.95 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 4794L Land of Leather Holdings plc 12 January 2009 FOR IMMEDIATE RELEASE Land of Leather Holdings plc Administration Appointment 12 January, 2009 The Board of Land of leather Holdings plc announces that it has appointed administrators to the Company with immediate effect. The Company has been operating in challenging market conditions for some time as a result of the credit crunch and lack of consumer spending on bigger ticket retail purchases. The Company has made every effort to reduce costs and conserve cash, but market conditions have continued to be difficult and the results from the January sale have been very disappointing. The Company is debt free, and during the last year the Directors have vigorously explored every available option to obtain working capital facilities for the business. However, the Company has been unable to secure additional funds due the exceptionally difficult trading conditions and the lack of liquidity in the banking system. In addition, the Board has pursued other strategic options including the sale of the Company as a going concern. As a result of the above, the Board has today appointed Lee Manning and Nick Edwards of Deloitte LLP as Joint Administrators of the Company. The Board has taken all the necessary steps to ensure customers who have paid deposits for furniture are protected and would like to thank shareholders, employees, suppliers and landlords who have been extremely supportive of the business. ENDS This information is provided by RNS The company news service from the London Stock Exchange END MSCBXGDBCGBGGCD
1 Year Land Of Leather Chart |
1 Month Land Of Leather Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions