I'm alright, Jack.
A 0.7% loss (as a % of turnover) put them into administration and 121 people lost their jobs!!!
What's the betting that the sum of the salaries of the remaining 21 staff is, for example, easily double the stated £300k loss? Not to mention the cost of the management vultures that'll be called in to pick over the debris.
Just saying...
</rampant speculation>