31-01-2025 08:47 via retailgazette.co.uk

Homebase: Unsecured creditors owed more than £650m

Homebase owes more than £650m to unsecured creditors including AO World and Halfords after it collapsed into administration late last year.
Unsecured non-preferential creditor claims now sit at £657m, including £100m owed to trade creditors, according to a document filed with Companies House.
The garden and DIY chain owes £2.9m to Close Brothers for till systems and £1.7m to XPO for logistics, which are unlikely to be repaid.
AO World is due £750,000 for appli
Read more »