Summary
AUDITORS have slapped a fundamental uncertainty warning on the accounts of Balmoral Group - over the millions of pounds the privately-owned offshore services company has been forced to spend to replace leaky oil tanks.
Aberdeen-based Balmoral has, according to its latest set of accounts to March last year, spent [GBP]3.5m in tank replacement and has raised a legal action against tank-material supplier Borealis, which is scheduled for trial next year.See the full content of this document
Extract
Warning Slapped On Balmoral Accounts by Auditor
Balmoral, which was founded in 1980 by Aberdeen entrepreneur Jim Milne, has become one of Scotland's bestknown pri...
See the full content of this document
Sponsored links
