Saturday, 16 November 2019

It's Turtles All The Way Down!

Britannia Enterprises, which ran a number of cafes in Norwich, has collapsed into liquidation owing £629,739.
Hmmm, I wonder if 'Brexit' will be to blame...?
Businesswoman Davina Tanner MBE, has now appointed liquidators Stewart Bennett to wind down the company, owing a total of £629,739.
The greatest amount owed is to Brand Strategy Partners, a management consultancy and financial management practice.
They seem as good at financial management as she is at business. And with good reason!
 This firm is reportedly owed £94,722 and is also owned by Ms Tanner.
A community interest company is a business run as a social enterprise, which aims to use its profits and assets for the public good.
That's a very strange definition of the term, isn't it?

H/T: Dave Ward via email.

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