ConstructionsToday

Collectors owed £15m after Pollard failure




The regional contractor went beneath final summer season after 161 years in enterprise.

An replace filed at Corporations Home by liquidate Bishop Fleming reveals 196 unsecured collectors have filed claims for £15.25m.

The unique assertion of firm affairs initially indicated £8.7m of money owed owed to 365 unsecured collectors.

The report states the distinction relates primarily to 4 claims totaling £5m on stay contracts which weren’t included by the Pollard administrators of their unique assertion of affairs.

Companies owed money by the collapse are unlikely to see greater than 4 pence within the pound for his or her money owed.

enquirer directory mpu

The liquidators have filed a statutory report on the director’s conduct to the Division for Enterprise, Power & Industrial Technique.

They’re additionally investigating claims of “pension associated misrepresentations” within the firm’s monetary statements.

The pension scheme is £4.95m in deficit.

McLaren fawkes GIF
259 PERI AD DIGI CE MPU 2 MAY 22 AW






Grant Prior

Supply hyperlink

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button