Network Data ARs to lose £5m in commission

Jones, Lee
July 2009
Money Marketing;7/23/2009, p44
The article reports on the announcement made by Robert Young Associates asssistant manager Baker Tilly that Network Data Ltd. has incurred debts around five million British pounds in 2009. Tilly states that the company has secured debts owed to Bank of Scotland worth 3,856,440 British pounds and unsecured debts worth 1,941,348. She adds that the differences between the director's report and the report of the administration resulted to the inequality in unsecured claims.


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