OB Company Arena Television ceases trading.
#85
commseng post_id=62053 time= user_id=1125 Wrote:Certainly a lot to take in over the 130 pages.
The directors had not been to Redhill Aerodrome since December 2020 and are believed to have left the UK.
A shortfall of "several thousand assets" that money had been loaned on is staggering.
The list of creditors to the Television and Aviation sides of the business contains a huge list of very familiar names, many of whom are small businesses, often sole traders. I doubt they will ever see anything much out of the administration process.

I'm aware that some of the assets have already been sold off, or the sale agreed, so the next report will also make for interesting reading I'm sure.

It's extraordinary to see that list. Like you I see some familiar names in there. Over 90k owed to both FTVS and Focus !


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