Yes that's how it reads... I'd hope a property sale would keep the banks at bay... When Ken bailed it seems he knew it was going to be tough.
In reality, it's quite rare for administrators to be appointed... There needs to be a debt obviously but assets worth breaking up and selling... You would think if they can show profitability then they would be ok... Seems they haven't so far... Cmon Broad, you need a contract win now
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