The order is for £241,155.80 exc VAT I have calculated the seller has lost £149,575.85 which is made up of works completed, raw materials received and unable to return, abortive labour costs and lost overhead recovery. This includes the 30% works completed and the sellers committed expenses
my calculations resulting in the £149k allow for the resale of raw materials. I spoke to my client about re deployment of labour yesterday and he says it is limited as he is unable to pull forward into the factory long term secured orders therefore he is scratching with bits and pieces and doing a lot of in house maintenance the order made up most of the manufacturers October and November turnover.
Thanks your assistance has been a great help I am sure I will be in touch again in the future