Search

Time 107.5 FM Limited placed into administration

PUBLISHED: 13:57 23 January 2014 | UPDATED: 13:57 23 January 2014

Time FM 107.5 Limited, which owns and operates Time 107.5 FM, was placed into administration last week.

Owner Dr Avtar Lit said that “a buyer has been found and the radio stations will continue to broadcast”.

Station manager Lorna Waters added: “We’ve got a buyer and [the administration] is not going to have any affect.

“We will remain on air and there will be no job cuts.

“Nobody will even notice.”

Dr Lit, who appears at number 84 in The Sikh 100 which lists the most powerful Sikhs worldwide, also had four other companies placed into administration.

These are Tristar Broadcasting Limited (owner of Time 106.6), London Media Company Limited, Kismat Radio Limited and Sunrise Radio Limited.

Grant Thornton UK LLP has been appointed as the administrator.

Latest Romford News Stories

Yesterday, 17:00

A small Romford charity is celebrating their 20th anniversary with a special ball.

Yesterday, 16:30

Rail staff have shown their support for Havering Samaritans’ bid to turn “Blue Monday” into “Brew Monday”, by encouraging people to get together for a cup of tea and a chat.

Yesterday, 15:00

Havering Council cabinet members are set to discuss a proposed £30million grant from the GLA to pay for more affordable housing in the borough over the next three years.

Yesterday, 12:50

Havering’s councillors look set to brand Sadiq Khan’s increased housing targets for the borough “unacceptable, unachieveable and unsustainable” at a meeting later this month.

Yesterday, 12:30

A dinner lady is delighted to have been crowned the winner of a regional cooking competition with her healthy meals.

Yesterday, 09:58

Construction giant Carillion has said it has “no choice but to take steps to enter into compulsory liquidation with immediate effect” after talks failed to find another way to deal with the company’s debts.

Yesterday, 09:00

The Mayor of Havering’s Variety Show will take place this week to raise money for three worthy causes.

Yesterday, 07:00

Romford’s MP is calling for the national anthem to be taught in schools across the country as part of the curriculum.

PROMOTED CONTENT

Window and conservatory specialist Ken Rhodes talks about the possibilities for brightening up your home for the new year, and with their home improvement finance deals it’s possible for everyone to make some changes

Lisa and Jennie are cousins who grew up in the borough. Their grandmother, ‘Nanny Fish’ was a huge part of their lives, and while she had dementia and increasing needs, she really benefited from having care in her nephew’s loving home. This experience was the inspiration for Lisa and Jennie to set-up their own home care service.

Newsletter Sign Up

Sign up to receive our regular email newsletter

Most read news

Show Job Lists

News from your area

Competitions

Having a brand new kitchen is something that lots of people want but can only dream of. Sadly keeping up to date and making our living spaces as nice as they can be is a costly and incredibly stressful business. Even a fresh coat of paint makes all the difference but isn’t easy or quick.

Who wouldn’t love the chance to go on a shopping spree. Imagine being able to walk into a shop and choose whatever your heart desires without having to worry about how much it costs.

Digital Edition

cover

Enjoy the
Romford Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now