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Hewden - doesent look good
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Please don't PM me for plant advice.. thanks .. Post in the forum where I will gladly help, as will many of our contributors.. as the info and responses will help everyone else, which is why we exist
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IMHDO .... " out of the frying pan and into the fire ", or should that be inferno, with that .... only thing keeping them afloat is the size of their debts and who they owe it to !!
My local depot always had to pay cash for anything I did for them ...... and the depot manager was my next door neighbour .... but understood the score. Their account got closed during/after a 9 month battle with their accounts dept., for a couple of hundred quid and never got it all ..... directly ...... that was a good 10 years ago and ain't gotten any better, from what I read!!
Their creditors'd be lucky to see a penny in the pound, they're in so deep!!!! their a/c.s make real interesting reading!!
No one in their right mind would allow them creditIf it's got tracks, wheels, t*ts, or an engine, at some point it's gonna give you trouble!!
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http://www.constructionenquirer.com/...ed-owing-240m/
HTF ? Hard to believe what should be an asset rich business owes so much .. I see GAP have bought some of the depots and A plant have bought a lot of the stockPlease don't PM me for plant advice.. thanks .. Post in the forum where I will gladly help, as will many of our contributors.. as the info and responses will help everyone else, which is why we exist
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Originally posted by Locofitter View PostI'm not a businessman but is there not some form of protection out there that stops businesses getting this deep? Usually called Accountants?If it's got tracks, wheels, t*ts, or an engine, at some point it's gonna give you trouble!!
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Originally posted by Muz View Posthttp://www.constructionenquirer.com/...ed-owing-240m/
HTF ? Hard to believe what should be an asset rich business owes so much .. I see GAP have bought some of the depots and A plant have bought a lot of the stockIf it's got tracks, wheels, t*ts, or an engine, at some point it's gonna give you trouble!!
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Originally posted by ianoz View PostYet A Plant manages to get 29 million Quid to buy part of Hewdens.If it's got tracks, wheels, t*ts, or an engine, at some point it's gonna give you trouble!!
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