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House of Britannia – where are the fucking interims your promised? Where’s the LSE float?

Tom Winnifrith
Tuesday 17 November 2015

I have warned repeatedly about House of Britannia (HOBP), the investment company run by all round shyster Simon Petherick. It has today announced news about how a glove maker in which it has a 51% stake has opened a concession in ONE House of Fraser store. Wow, bet that’s transformational. Not.

For what it is worth the glove maker, Cornella James Ltd, was founded in 1946 and its calendar 2014 accounts show that in 2014 it made a pre-tax profit of £10,503. Net liabilities as at 31 December 2014 were £494,427.  Net current liabilities were £210,721. In other words it appeared to be trading while insolvent.

Amazingly

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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