back to article Trustmarque: £2m profits evaporated after accounting change

A change in revenue recognition wiped £2m off Trustmarque’s profits according to the firm’s strategic and financial report, which also provides more details on its near-collapse and subsequent sale to Liberata. As revealed, the York-based enterprise software licensing biz ran into cash flow difficulties last month after …

  1. Anonymous Coward
    Anonymous Coward

    Not beyond the whit of man

    "Liberata already owns Trinity Expert Systems so it is not beyond the whit of man that some sort of integration is in the offing" - considering how Trinity did nothing to integrate Eurodata when they acquired them, it seems unlikely!

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