Jeweller Abbeycrest repays loan
Jeweller Abbeycrest said today that full year trading had been "steady" as it revealed it had repaid a loan from to Agilo Master Fund.
The Leeds-based group paid 950,000 to Agilo, which it said was a "full and final settlement of all amounts due to Agilo and releasing all related security over the Group's assets".
Abbeycrest, which designs and makes jewellery, said it had also paid 1.6 million which was due to HMRC and had been subject to a "time to pay arrangement" as disclosed in its last annual reports.
Results for the year ended 28 February will be released towards the end of June, it said.