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Lincolnshire fire service AssetCo contract 'ended'
In 2006, AssetCo Lincoln and fire bosses signed a 20-year contract and then announced the acquisition of 35 new engines and 22 refurbished ones.
AssetCo sells UK fire engine fleet to equity firm for �2
Since last September, shares in AssetCo have gone from 1.61p a share, to 250p a share. Yesterday, shares in the fire-truck leasing company closed up 9.7pc at 271.5p on the back of its announcement.
FRC probes former AssetCo executives
The complaint relates to the preparation and approval of AssetCo plc's financial statements for the financial years ended 31 March 2009 and 31 March 2010.
Where did it all go wrong, asks firm's axed workforce
UV Modular, a subsidiary of AssetCo plc, an integrated support services business based in Middlesex, was created in 2002 from the ashes of UVG which had gone into administration.
AssetCo Benefits From Weak Pound, Pushing Up Profit From UAE Contract
LONDON (Alliance News) - AssetCo PLC on Tuesday said its revenue and pretax profit both ticked up in the year ended September 30, thanks to the weakness of sterling against the United Arab Emirates dirham.
FRC to investigate AssetCo's former finance chiefs
The complaint relates to the preparation and approval of AssetCo plc's financial statements for the financial years ended 31 March 2009 and 31 March 2010.
Fire engine firm AssetCo restates 2010 results
AssetCo Plc, the owner of London's fire engines, said it had restated its accounts for 2010 after the company discovered "significant" overstatement of profits and assets.
FRC to probe Grant Thornton's AssetCo audit work
THE FRC is to probe Grant Thornton's audit of AssetCo's accounts for the three years to 2010. The investigation comes as the Grant Thornton faces a �50.8m legal claim from the AIM-listed company, which previously provided and maintained London and ...
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Grant Thornton instructs Clydes on �38m negligence row
Accountancy giant Grant Thornton has instructed Clyde & Co to defend a �38m auditor's negligence claim brought by fire rescue equipment business AssetCo. The claimant alleges Grant Thornton breached its duties and was negligent in its planning and ...
Lincolnshire fire service faces �9m bill for leased engines
The council said it cannot go into details why it ended the contract for legal reasons, however parent company AssetCo Plc has struggled with financial problems.