O’Keefe suppliers owed £13m despite Byrne rescue

Subcontractors and suppliers to O’Keefe Group have been left holding more than £13m in unpaid invoices.
The south London based civils contractor went into administration last month when its assets were acquired in a pre-pack deal by Byrne Group.
A report lodged at Companies House by administrators RSM Restructuring Advisory LLP reveals that unsecured creditors to O’Keefe are owed £13.1m and are likely to receive less than 2p in the pound for their debts.It also confirms t