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17 May 2024
By Maynard Paton
Oh dear. Today I am writing about Victoria, a £228 million carpet manufacturer that last year attracted attention following an adverse audit:
When I last looked at an adverse audit for SharePad, a commotion erupted that debated whether I was simply reporting “transcription errors” or spotlighting something more sinister.
So to be clear:
- What follows is just my interpretation from reading Victoria’s 2023 annual report and other company statements;
- I have not inspected every part of Victoria’s accounts nor considered every aspect of the wider investment case, and;
- Please do your own research and form your own conclusion.
And with that, let’s take a closer look.
Read my full VICTORIA article for SharePad >>Maynard Paton