House builder Lane End owes £12m to suppliers

Warrington based Lane End Developments Construction Ltd owed nearly £12m to suppliers and subcontractors when it went into administration in April.
An update from administrator Quantuma Advisory details debts of £11.8m owed to 412 unsecured creditors left holding unpaid invoices.
Quantuma is also investigating company transactions at Lane End prior to the administration following concerns raised by creditors.It stated: “The joint administrators have been made aware of certain a