Le Chardon sold

[Peckhamrye]

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

[nxjen]

But quite standard business practice

[Penguin68]

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.

[edcam]

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

[Seabag]

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.