Business and people search

Cosalt set for administration

15th February 2013

ADMINISTRATORS are set to be appointed at Cosalt after the marine safety business today admitted it had failed in its attempts to safeguard the future of the company.

The Grimsby-based business admitted last week that it was likely to go into administration by the end of February unless it could reach an agreement with its banks over its debts of £17m.

However, Cosalt has today told the Stock Market that it has been unable to identify any alternative sources of funding, reach agreement with its lenders or pensi......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Apprenticeship programme hails success

Apprenticeship programme hails success

26/07/2016Rachel Covill

5 CV hacks to get you hired

5 CV hacks to get you hired

07/07/2016Stephanie Balloo

Bus drivers call off strike action

Bus drivers call off strike action

25/07/2016Rachel Covill

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954