That does not look good. Will they still go live tomorrow? I wonder who (if any) will buy the company?
TJC with Natalia playing with shiny sparkly things.
That does not look good. Will they still go live tomorrow? I wonder who (if any) will buy the company?
It depends on the state of the company as the administrators find it: sometimes they will try to trade out the remaining inventory if they think that will mean a better result for creditors, but other times, for instance, when all the stock is ROT (retention of title) or there are other issues the company sometimes has to cease trading immediately.I always thought Shops stayed open when the Adminstrators come in.
I was thinking of like when Woolies went under, but obviously, they had stock on the shelves which needed selling, where as something like Create and Craft, Don’t carry stock I guessIt depends on the state of the company as the administrators find it: sometimes they will try to trade out the remaining inventory if they think that will mean a better result for creditors, but other times, for instance, when all the stock is ROT (retention of title) or there are other issues the company sometimes has to cease trading immediately.
Ah well it is now Friday 3.00pm and.....?Yes according to Sky EPG it seems they return at 7am on Friday
Much of their stock is sale or return, or Direct Dispatch, so it's not often actually owned by the company. They probably don't have a lot of that to sell if they were to remain trading.I was thinking of like when Woolies went under, but obviously, they had stock on the shelves which needed selling, where as something like Create and Craft, Don’t carry stock I guess
I guess they’ve decided to delay or pullAh well it is now Friday 3.00pm and.....?
Much of their stock is sale or return, or Direct Dispatch, so it's not often actually owned by the company. They probably don't have a lot of that to sell if they were to remain trading.
Just another indication that, slowly, selly telly is a dying broadcast medium.