Bauger UK disquiet dates back to 2007

Baugur UK was put into administration earlier this month, after negotiations with its lenders failed.

But it has now emerged that auditors from KPMG were alerted to the fact that there was “material uncertainty which may cast significant doubt about [Baugur UK’s] ability to continue as a going concern” when considering the company’s accounts for the year ending December 2007.

The auditor’s statement should have been made public in October last year, but Baugur UK flouted the deadline for filing its accounts for the year ending December 2007.

From the Telegraph

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1 Response to “Bauger UK disquiet dates back to 2007”


  1. 1 Roy February 23, 2009 at 10:40 am

    Baugur appears to be above the law.


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