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

14:35
Police want to speak to this man after a couple were tricked into giving £24,000 to fraudsters. Picture: Essex Police

Pensioners conned out of thousands purchased a Rolex watch as part of an elaborate scam.

David Dimbleby will be joined by five guests

Comedian Jo Brand, former education secretary Michael Gove and shadow business secretary Chuka Umunna will be among Question Time panellists when the show comes to Harold Hill tomorrow.

16:10
Harold Wood Cricket Club in Mallorca

Tom Clarke from the Harold Wood Cricket Club writes about their recent trip to Mallorca.

Brownies and their leaders outside London World Centre

Although winter is approaching it doesn’t stop our girls from getting out and about!

Most read news

WW100

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

News from your area

Digital Edition

Image
Read the Romford Recorder e-edition today E-edition

The NHS have introduced a new pill for those who struggle to screw the lid back on that bottle of wine.

Today the doctor has received an eight-year sentence for a string of offences.

£300 a day sounds like a pretty good allowance – but this guy was claiming it without doing ANY work.