Island Harbour in difficulties...

[l'escargot]

http://www.iwcp.co.uk/News/Island_marina_facing_winding-up_petition.aspx

 

[Poignard]

There's a book coming out entitled: "Island Harbour Marina - my part in its downfall" by the Bistro.

[with apologies to the late, lamented, Spike Milligan]

 

[stefan_r]

what does that mean then....up for sale in the future?

 

[timgriffin]

I hope it comes out of this financial downturn ok current owners have invested a fortune suppose the credit crunch is not helping , nice houses though with a 10 metre mooring so someone could snap up a bargain.

Bistro is ok
Food is good manageress is nice, as are all the staff, great music in there on Friday nights too, its my favourite watering hole .
Tim

 

[SteveE]

My guess is if the Winding up petition is un apposed then it will be liquidated on the 26th by the court, in the meantme the Directors will be working together to do a pre pack buy out, i.e. buy it from the liquidators with no debt.. Jan 1 new holding company and same marina...

Just a guess...