Pounds-1m Overdraft and Pounds-400,000 in Bank Revealed in Wark Clements Accounts Directors Insist Merged Company Now Trading Well
Summary
THEY are the leading lights of the Scottish independent television sector.
However, it has emerged that last year the company run by Kirsty Wark and Alan Clements posted a pounds-1m loss.See the full content of this document
Extract
Pounds-1m Overdraft and Pounds-400,000 in Bank Revealed in Wark Clements Accounts Directors Insist Merged Company Now Trading Well
The firm is underpinned by a promise of support from its bankers. Its overdraft is partly secured by personal guarantees from directors.
The Glasgow-based company merged at the end of March 2004 with Ideal World, run by Muriel Gray and her husband Hamish...See the full content of this document