Troubled e-commerce group Actinic was poised to return all of its net assets, in cash, to shareholders. For the year to September, it reported losses of £6.8m (£3.5m) on £1.5m (£2m) revenues. Although costs have since been reduced dramatically, the management noted that the 'trading environment remains uncertain and sales are not currently showing signs of rising'. On 31 March, the company's cash reserves stood at £10m. The precise amount to be returned will depend on the outcome of a proposed management buy-out of Actinic's assets. Should this fail, the company will be wound down. Either way, a decision is expected by 30 June.