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Old 28th Mar 2023, 23:32
  #1921 (permalink)  
onion
 
Join Date: Jul 2003
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Originally Posted by Beafer
On the airport company accounts, what do the outstanding charges mean?

This one is dated 2007.
https://find-and-update.company-info...PrvCZy0QIrvI-0

This one dated 2019.
https://find-and-update.company-info...WxC8Vr9BORv_qk
I believe, and I haven't read them at length, that they are charges on the airfield/land which if the company goes under owning money as the lender the aforementioned company receives the assets.
Fixed and floating charges put them at the top of the list of creditors.
Basically put the land is still owned by the Tees Valley Mayoral office.
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