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Top Ten Holdings is a bingo clubs operator. In January 2007, 20 existing shares were consolidated into one new share. Top Ten Holdings was formed when Top Ten Bingo reversed into XS Leisure in March 2002. At the same time there was a one-for-one open offer at 2.5p (50p post consolidation) a share raising £296,000. XS went into receivership in December 2000. Its snooker halls were sold at the beginning of last year and this yielded enough cash to pay off secured creditors. A deal with the unsecured creditors led to them accepting a fraction of what they were owed in final settlement of the debt. In the summer of 2001 XS returned to Aim as a shell.
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