British Bookshops' creditors to receive less than 10% of money owed

Written By: Lisa Campbell Publication Date: Mon, 09/05/2011 - 15:41 The administrators of British Bookshops and Stationers has said it can only pay back eight-10p in every pound owed and expects the level of claims to increase. A recent document published on Companies House said the former 51-branch bookshop chain owes more than £8.6m to unsecured creditors, which could rise further because it understates the likely level of claims". read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-05-09 00:00:00 UTC ]

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Profits surge at HarperCollins during 2010

Written By: Graeme Neill Publication Date: Thu, 14/04/2011 - 09:21 Profits at HarperCollins surged £25.3m due to "exceptional rights income" in its most recent set of financial results filed at Companies House. For the year ending 30th June, operating profit increased to £29.1m. Turnover was... Continue reading at The Bookseller

[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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BBS to begin online auction of non-book stock

Written By: Lisa Campbell Publication Date: Thu, 03/03/2011 - 05:36 The administrators of British Bookshops and Stationers will begin an online auction of non-book stock, including forklift trucks and office equipment, on Tuesday (8th March). Interested parties will be invited to view the... Continue reading at The Bookseller

[ The Bookseller | 2011-03-03 00:00:00 UTC ]
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British Bookshops to cease trading within a month

Written By: Lisa Campbell Publication Date: Tue, 15/02/2011 - 17:04 All remaining 28 British Bookshops and Stationers stores will shut up shop within a month, unless a last-minute deal can be made with any interested parties. The programme of closure will begin over the next week, with around... Continue reading at The Bookseller

[ The Bookseller | 2011-02-15 00:00:00 UTC ]
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BB&S owes £6.3m to unsecured creditors

Written By: Lisa Campbell Publication Date: Mon, 14/02/2011 - 09:48 British Bookshops and Stationers owes £6.3million to its unsecured creditors, it has been revealed. A statement of the troubled company's financial affairs released over the weekend showed that while owing the vast sum,... Continue reading at The Bookseller

[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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WHS acquires 22 British Bookshops stores

Written By: Lisa Campbell Publication Date: Tue, 08/02/2011 - 09:10 W H Smith has acquired 22 stores previously run by British Bookshops and Stationers in a £1m deal. The bookshops will continue to trade under BB&S until a "phased takeover" begins later this month in stores in Teddington... Continue reading at The Bookseller