Poundworld Runs Out Of Options
Brian Moore
Publisher: NamNews Retail news from the NAM perspective, with practical implications and action
Poundworld has called in administrators after discussions between Poundworld’s owner TPG Capital and Rcapital about a rescue deal ended, just days after a bid from Alteri Investors failed to materialise. [more]
* Proactive NAMs will have already conducted an incremental sales analysis to assess their risk/exposure to Poundworld…
* …and taken appropriate steps…
* Meanwhile, a little overdue, time for other suppliers to do likewise..
* i.e. divide current monies outstanding by your pre-tax net margin and multiply by 100 = incremental sales required to recover from possible losses…