KPMG finds a new home for Butt-Uglies
Adminstrator KPMG has secured the sale of the business and assets of collapsed children's magazine company, Just Group Plc - creators of cartoon characters the Butt-Ugly martians and the Rugrats.
Adminstrator KPMG has secured the sale of the business and assets of collapsed children's magazine company, Just Group Plc - creators of cartoon characters the Butt-Ugly martians and the Rugrats.
Corporate recovery partner Allan Graham, joint administrator for Just Group PLC, yesterday announced the sale of the business and assets of subsidiaries Just Publishing Ltd and Newsstand Publications Ltd, to Toontastic Publishing Ltd.
Graham, who along with Mick McLoughlin, was appointed joint administrator on 9 January this year, said: ‘We are delighted to have achieved the sale to Toontastic and preserved 18 jobs in the process.
‘Negotiations continue as to the sale of the other companies in the Just Group.’
The plug was pulled on the AIM-listed company after the failure of a last ditch fund-raising exercise following the suspension of its shares in November last year.
The numbers you crunch tell a story. Your expertis...
22yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleBody Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...
View articleInsolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...
View articleThere were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...
View articleThe survey paints a “brightening” picture of the global economy, according to the ACCA Read More...
View articleThe pandemic may have “distorted” some economic data Read More...
View articleAdvisory firms must offer a “more supportive” and holistic approach to clients amid the economic downturn Read More...
View articleHaving a clear plan and clean data to help optimise the use of scarce resources will be key for businesses Read More...
View articleThe Coronavirus Job Retention Scheme has supported millions of jobs amid the pandemic, but with the support measure set to end in September, how can a...
View article