Where did £900m assets disappear too…

When House of Fraser finally succumbed to Administration, there was barely-concealed outrage that a company which had reported assets of over £900m in its January 2017 Accounts had been sold for only £90m a little over 18 months later.

So where can more than £800 million disappear to? Denis Baker has provided a valuable insight into the real financial health of House of Fraser showing where the money has gone – download here:

Company_clinic_HoF_1218.pdf

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