July 17 – That end of term feeling. The children were excited – one is changing school so this was an especially big day – and I admit I simply wanted to hand over.
July 16 – Change of focus. We had a delayed monthly management meeting today (usually on the third Tuesday). Much time spent on the results – but more on me bouncing the idea for doing more R&D in-house and more manufacturing here – off the team.
July 15 – The Receiver’s turn to call me – did I want the business?
No, I said. Not where it is. Not with the kit it has. Not with the premises it has.
July 14 – I knew my haste was incurring risk of having to accept liability for staff – but without waiting to hear I was on the train West this morning – and duly got the call saying I could meet staff and view assets.
It was a shell shocked little group I met – about 15 in all.
July 13 – The West Country receiver called me. He says that he thinks the company he is managing is now undoubtedly insolvent and he must let staff go. It is no longer a going concern.
AM was back and showed me all she had.
If there isn’t a fraud going on here I’m French, and let me assure you – as far as I know there’s been no blood from that source in my family since the Norman Conquest. We’re mongrels from many other directions, but not French as far as I know.
AM must have been up at the crack of dawn because she was down at the West Country receiver’s premises early. By 11 she had called me. Assets that we had thought existed only weeks beforehand now appeared to have disappeared according to the information she held.
I called the receiver of our former supplier again this morning asking whether he could now confirm he would have information available for us.
He said he would not.
He said a sale had been agreed.
I can’t help it – enough blogging, let’s get down to something real.
My attempt at buying a supplier in May failed, for all the right reasons. And now they’ve gone into liquidation. I think this is a fix, and I suspect a phoenix is planned.
July 6 – I worry that I may be pursuing a policy instead of a strategy with IT – that I’m getting excited about a delivery mechanism and not the message.