Groundworks firm Mackoy went under owing suppliers £5.5m

Groundworks contractor Mackoy Limited went into administration owing subcontractors and suppliers nearly £5.5m.
The scale of the £23m-turnover firm’s debts across its supply chain was revealed in a Companies House update by administrator Quantuma.
Mackoy went down last month and was then sold out of administration in a pre-pack deal to Geocore Civils Limited saving 20 jobs.Geocore Civils Limited was established on May 12 by directors Benjamin Bousfield and Michael Mayock.