3 ms·
https://archive.is/cR213 https://archive.is/cR213 - a Times piece from November. They tried to find a buyer and failed but I wouldn't be surprised if some of th
by monkeydust 4y ago
https://archive.is/cR213 https://archive.is/cR213 - a Times piece from November. They tried to find a buyer and failed but I wouldn't be surprised if some of those interested pick up the pieces from Administration at a haircut of what they would have had to pay.
"The company is understood to be down to its last £5 million. With a monthly wage bill of £2.5 million for the 300 executives and R&D engineers on its books, at an average salary of £100,000 a year, that is unlikely to get the business through Christmas"