IMAGESOUND - PE 4.8 - GROWTH 110% too good to miss?

This extract from the interims also helped the debt situation. So 3.3m was old even at the time of the interims

Group Financing

Since the period end, we have entered into a conditional agreement with
Chesterfield Estates Limited for the sale & leaseback of our 8,800 sq ft
Chesterfield office. Under the terms of the agreement we have agreed to sell the
building and freehold title for the site to Chesterfield for #1.6 million before
expenses. #1.2m of the proceeds of the transaction will be used to pay down
debt, with the remainder used for working capital. The book value of the
property was #980,000 and the transaction will produce a profit of approximately
#0.5 million. The company has also entered into a 10 year lease, at an initial
rent of #114,500 per annum.