As at 30 September 2025 Frankenstein Meat company BSF Enterprise (BSFA) has bet current assets of circa £200,000 but its losses last year were almost £100,000 pcm. And thus news that it has raised £385,000 before expenses ( call it £350,000 net) does not entirely get it out of the woods. By my sums the company would, ceteris paribus, have net current assets today of …virtually nothing as of today. I suspect there was a lot of non bill paying in the lead up to that placing.
on Tom Winnifrith | Comments