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The East Dulwich Forum
The Bishop, The EDT, The Great Exhibition, the Actress or another?
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messageRe: Le Chardon sold
Posted by Peckhamrye July 26, 10:56AM

That Companies House record shows they have taken out a loan to buy the lease or the freehold, so not rolling in cash...

messageRe: Le Chardon sold
Posted by nxjen July 26, 11:20AM

But quite standard business practice

messageRe: Le Chardon sold
Posted by Penguin68 July 26, 11:31AM

The interest on the loan is a business expense. If the business fails they can sell on the lease. 'Gearing' (balancing capital in the business with loans) is normal.

messageRe: Le Chardon sold
Posted by edcam July 26, 12:51PM

This may well be the most tiresome thread in EDF history. Who gives a toss what Companies House has to say?

messageRe: Le Chardon sold
Posted by Seabag July 26, 05:41PM

edcam Wrote:
-------------------------------------------------------
> This may well be the most tiresome thread in EDF
> history. Who gives a toss what Companies House
> has to say?


It's bollox isn't it.

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