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Barkby Group requests £2.5 million drawdown from £12 million facility
By Mary-Katherine Stinson
Lexington, Ky., Jan. 17 – Barkby Group plc requested a further £2.5 million drawdown from its £12 million Tarncourt credit facility to pay its creditors including HM Revenue & Customs, according to a notice.
In a Dec. 30 announcement, Barkby reported it has drawn £4.2 million of the facility since the end of the financial year, increasing the drawn balance to £6.7 million of the total.
The Abingdon, U.K.-based group focuses on commercial property development and investment alongside its pubs business. Barkby is in the process of disposing of its Workshop Coffee, Centurian Automotive and Cambridge Sleep Sciences investments.
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