25-05-2022 08:07 via constructionenquirer.com

MechFS went down owing £9.5m to supply chain

M&E specialist Mechanical Facilities Services Limited owed more than £9.5m to unsecured creditors when it went into administration last month.
An update by administrator Interpath Advisory revealed the scale of debts to subcontractors and suppliers who are unlikely to receive a penny for their unpaid invoices.
It said: “Current estimates suggest it is unlikely there will be sufficient funds in the administration to enable a distribution to be made to the unsecured creditors.&rdqu
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