Cladding firm went down owing supply chain £7.7m

Cladding specialist Alucraft Systems Ltd crashed into administration owing more than £7.7m to suppliers and subcontractors.
The Staffordshire based contractor called in administrators from PwC in March who have now posted an update at Companies House on the firm’s finances.
It reveals that the supply chain is owed £7.7m with little chance of unsecured creditors getting a penny for their unpaid invoices.Alucraft started its highest-profile project to date last May to deliver the