Toymaster looks to reassure trade - ToyNews

Toymaster looks to reassure trade

Toymaster is holding a specially arranged suppliers meeting on April 2nd, to reassure the trade of its current financial health.
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The move comes in the wake of Youngsters’ current difficulties with regard to obtaining credit cover, which has seen many accounts put on stop.

Toymaster MD Roger Dyson explained: “It has always been my intention that Toymaster Ltd should demonstrate transparency to our members and suppliers, a partnership that has worked successfully for so long. You can be assured that the information that is presented will be both factual and up to date, all questions will be answered.

“I would like to assure all suppliers that Toymaster traded profitably in 2007 and was also able to considerably strengthen the balance sheet, despite a difficult year for our members. Toymaster Ltd entered 2008 in a considerably stronger financial position than in the previous year.”

The meeting will be held at the De Vere Hotel, Whitehall Way, Swindon, from 10.30am. Tel: 01793 878785.

The agenda includes a presentation of the group’s latest audited accounts and a discussion on the way forward for the independent sector.

Those wishing to attend should email jo.skelton@toymaster.co.uk

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