Make your money go further for just 25p per day

Silverdell shareholders aren’t happy…. and want answers!

13/01/2014 · Silverdell (SID) 

Investors in AIM quoted companies should generally have experienced stellar returns in 2013 with the ISA rule changes on 6th August 2013 offering a further boost to the junior market in the year. A black mark on what was otherwise a fantastic year for AIM was the failure of Silverdell PLC, the AIM quoted specialist environmental support services group.

There has been plenty of hindsight comment around the warning signs for Silverdell but there was nothing to suggest that this substantial business with revenues of £82m in the prior financial year and a blue chip client base would ultimately collapse ‘overnight’.

The company issued no comment for 20 days relating to a winding up petition made against key operating subsidiary Kitsons, yet during that period was happy to announce the positive news of…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Silverdell

Silverdell shareholders aren’t happy…. and want answers!

13/01/2014 · Company Insights
Investors in AIM quoted companies should generally have experienced stellar returns in 2013 with the ISA…

Shareholders aren’t happy and want answers!

13/01/2014 · Company Insights
Investors in AIM quoted companies should generally have experienced stellar returns in 2013 with the ISA…

More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP