Sanderson Electronics Plc is buying again: it has taken the business and assets of Nord Group Ltd off the hands of the administrative receivers for UKP525,000 in cash. Nord Group comprises Nord Systems Ltd and Nord Education Ltd, doing software for schools and local government. The last audited accounts, for the year to July 31 […]
Sanderson Electronics Plc is buying again: it has taken the business and assets of Nord Group Ltd off the hands of the administrative receivers for UKP525,000 in cash. Nord Group comprises Nord Systems Ltd and Nord Education Ltd, doing software for schools and local government. The last audited accounts, for the year to July 31 1992, show that the companies made a combined profit of UKP91,000 on UKP6.1m sales; combined net assets were UKP400,000.