According to Business Sale Report, school uniform manufacturer Alexandra, which employs 500 people, is on the verge of administration.
The company, which is based in Thornbury in Gloucestershire, first reported troubles in summer 2009 when it encountered losses of £11 million for the first six months of the year. Since then, it has found it increasingly difficult to maintain repayments on bank loans. Alexandra revealed that it has been desperately trying to arrange funding…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
