Geoffrey Osborne supply chain hit for £26m
Geoffrey Osborne went under owing subcontractors and suppliers £25.86m.
More than 500 firms were left holding unpaid invoices when the famous industry name went into administration last month.
The scale of the firm’s debts have been revealed in an update from administrator RSM filed at Companies House.Total debts at the time of Osborne’s collapse were £45m with cash also outstanding to HMRC, sister companies and Osborne employees.
Geoffrey Osborne’s demise followed
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