Derby steelwork contractor Robinson Structures collapsed with total debts of £8.6m.
According to the directors’ statement of affairs, trade creditors have been left out of pocket by around £2.5m.
Among the preferred creditors, Barclays Bank was owed around £1.2m and HM Revenue and Customs about £1.8m in unpaid VAT and PAYE.
The company, which called in administrators earlier in November, failed after turnover fell by more than £14m over 18 months.
A pre-pack deal which saw a rival Derby steelwork contractor snap up the assets could help to raise the final distribution to creditors.
The deal, which saved 68 jobs, will see B&K Hybrid Solutions operate from Robinson Structures’ 10,000 sq ft former HQ on Eagle Park.
B&K Hybrid Solutions is part of construction giant Bowmer &
link source - The Business Desk