BusinessCorporate FinanceBDO warns on ‘superwoman’ fund

BDO warns on 'superwoman' fund

Fund management group Bramdean's losses threaten future as a going concern, say auditors

BDO has warned of ‘significant doubt’ that a fund management group set up by
‘superwoman’ Nicola Horlick can continue as a going concern.

Bramdean Asset Management made a loss of £3.75m in its first 18 months.

BDO Stoy Hayward said the figures raised ‘a material uncertainty’ at
Bramdean, but said the results were ‘not qualified,’
The
Telegraph reported
.

Horlick became well known for maintaing both her high-flying job and a large
family, and also for taking on her management at Morgan Grenfell.

Further reading;

Read
The Telegraph’s story

Related Articles

Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

10m Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

11m Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

11m Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

11m Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

11m Stephanie Wix, Writer
Tax avoidance crackdown sees 80% jump in additional HMRC revenue

Accounting Firms Tax avoidance crackdown sees 80% jump in additional HMRC revenue

11m Stephanie Wix, Writer
Making Tax Digital: the "unexpected item in the bagging area"

Accounting Standards Making Tax Digital: the "unexpected item in the bagging area"

11m Stephanie Wix, Writer