31-03-2023, 09:21 AM
They are well leveraged, we were not.
Their overdraft is enormous, distributed and has not been called in.
Ours was relatively enormous to our turnover, was not distributed, and was called in.
We then defaulted on debts to the taxman and it's game over if you take that risk.
Their overdraft is enormous, distributed and has not been called in.
Ours was relatively enormous to our turnover, was not distributed, and was called in.
We then defaulted on debts to the taxman and it's game over if you take that risk.