Lonsdale supply chain braced for £50m hit

Suppliers and subcontractors to collapsed M&E specialist Michael J Lonsdale are braced for a £50m+ hit.
The company’s fall into administration earlier this week sent shock waves through the industry.
Analysis of the company’s latest accounts by the Enquirer shows for the year ended September 30 2022 trade creditors were owed £51m in outstanding invoices.One supplier said: “It’s fair to assume that number hasn’t got any smaller considering what has no