Search

Time 107.5 FM Limited placed into administration

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.

0 comments

Latest News Stories

16:58
Cleaned up side of South Street

A teenager was attacked in the early hours of yesterday morning in Romford town centre.

14:42
Walid Habib. Picture: Essex Police

A gang has been jailed following a plot to intimidate a court witness with a grenade and gun attack.

10:36
Ayden Superstore. Picture: Google Maps

A man with a knife held up a convenience store in broad daylight.

09:03
The Collier Row Carnival procession as it winds its way through town

In glorious sunshine crowds cheered as dancers, community groups, police officers and even Disney princesses joined the Collier Row Carnival parade.

Most read news

News from your area

WW100

Click on the banner above for full coverage of the centenary commemorations of the outbreak of the First World War.

Competitions

Get your hands on some fresh trainers!

Need some new shoes to head to work or some new heels for a night on the cobbles? London24 has teamed up with online retailer Sole Trader to offer £100 worth of shoes to one lucky reader.

Take in the stunning sites of London from the summit of the O2!

Up at The O2 has teamed up with London24 to give one lucky reader the chance to experience urban mountaineering this summer with an exhilarating 90-minute climb across the roof of one of London’s most iconic landmarks.

Digital Edition

Image
Read the Romford Recorder e-edition today E-edition
Family Notices 24


Our trusted business finder