Forecourt Trader - 30 years at the heart of the fuel retailing community
Keyword » loss

Service Centre: Jac Roper on heavy-handed Horizon dealings and a name game

Lawyers acting on behalf of more than a thousand former subpostmasters are asking for others who ever had issues with Post Office Limited's (POL's) Horizon accounting system to come forward and join their Group Litigation Order. Some of their stories, such as the following one, are truly shocking.

Money Talk: Selling up and getting-out - there are several ways of valuing a business

Last month we looked at valuing a business for potential sale using its most recent balance sheet and noted several good reasons why any prospective buyer might not take even an accurate and up-to-date balance sheet at face value. In particular, that the figures are at historic cost, and that there may be potential liabilities that are difficult to quantify and show.

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Weekly retail fuel prices: 2 October 2017
RegionDieselLPGSuper ULUL
East120.5363.90127.17119.00
East Midlands120.03127.76118.80
London120.3757.90128.81118.85
North East119.80129.71118.46
North West120.19127.87118.63
Northern Ireland119.22125.23117.53
Scotland120.2463.80126.78118.50
South East120.7259.90129.39119.48
South West120.39128.00119.02
Wales120.0459.90126.47118.61
West Midlands120.0865.90128.12118.84
Yorkshire & Humber119.73127.02118.57

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As many forecourt operators continue their quest for expansion - driving up forecourt prices - could you be tempted to sell your business?