, 6 tweets, 2 min read
EXC @realDonaldTrump's inaugural Scottish golf resort has run up losses of more than £1m, marking the seventh consecutive year it has failed to turn a profit. My @TheScotsman story on @TrumpScotland (who blocked me yesterday): scotsman.com/news/trump-abe…
The firm remains dependent on interest free loans provided. Y the US president totalling £40.6m. Its staff numbers have fallen from 84 to 77, the latest accounts show.
The company is also dependent on a loan worth nearly £2.5m from DJT Holdings LLC, the accounts show.
The accounts add: "The company has received further loans and net liabilities have risen by 10%." Will have an updated story later, but the Twitter summary is: 13 years after arriving in Aberdeenshire, Trump has yet to turn a profit. If you know more about the £££ contact me.
And for those who like poring thru the paperwork - and who doesn't? - you can find the latest accounts for Trump's Aberdeenshire resort here: beta.companieshouse.gov.uk/company/SC2921…
Thanks to my wee birdie for the heads up.
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