I agree that that will be very interesting and I will be the first to admit my fears were unfounded if this is the case. I suppose 'realistically' is quite a flexible concept for many though. I'm just saying that we get a statement that we are debt free and now we have what is defined as debts.
I don't want us to be debt free if that is not the best way to run the business, I just want some clarification as to what this is. On the face of it, it doesn't tally with the statement 'we are debt free.'
TBH it clearly is at least a little concerning. If nothing else, we were told that we were debt free and now we have what appears to be debts. I suppose it depends what your definition of debts is but I would have hoped that SFC would be a little clearer about this arrangement. Hopefully this piece on Solent will make things a bit clearer.