21-10-2024 09:29 via constructionenquirer.com

Blenheim House subbies to get 10p in the £1

Subcontractors and suppliers owed around £19m following the collapse of Surrey-based contractor Blenheim House Construction could get around 10% of what they are owed.
Administrators from Evelyn Partners which took control in July of the £87m turnover business revealed they hoped to be able to return around 10p in the pound to the 552 unsecured creditors.
This includes nearly £2m owed to around 80 former staff at the business.Administrators said they were hopeful of some recove
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