|
|
2009
|
2008
|
|
|
£000 |
£000 |
| 11.5 % First Mortgage Debenture Stock 2014 |
4,203 |
4,203 |
| Preference Share Capital |
675 |
675 |
| Cash and Short-Term Deposits |
(2,352) |
(2,203) |
| Overdraft |
- |
76 |
| Long term loan |
19,942 |
19,936 |
| Borrowings from revolving credit facility |
15,500 |
6,500 |
| Net Debt and Preference Share Capital |
37,968 |
29,187 |
| Net Assets |
159,734 |
222,680 |
| Gearing (net of cash) |
24% |
13% |