|
There is in place a cross guarantee and debenture between the parent undertaking, Don Valley Engineering
Group Limited and five of its subsidiaries, Don Valley Engineering Company Limited, Don Valley Engineering
Construction Limited, Cleeve Materials Handling Limited, Don Valley Engineering Holdings Limited and Don
Valley Materials Handling Limited dated 27 March 2019. At the balance sheet date there was there was a total
indebtedness to the group's bankers of £1,372,070 (2021:£1,499,165). Against this debt, at the balance sheet
date the group had total cash deposits with the group's bankers of £4,071,307 (2021:£2,103,244).
|