29-09-2023 09:28 via constructionenquirer.com

Buckingham Group supply chain hit for over £108m

Trade contractors and suppliers have been hit for at least £108m by the sudden collapse of Buckingham Group Contracting.
According to a report from administrator Grant Thornton, it is unlikely that the 1,200 unsecured creditors will see any kind of return.
Although the administrator said the final dispersal would depend on the outcome of certain large claims and debtor realisations.
The full extent of the fallout from the firm’s collapse soars to an estimated £198m once £
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