Squibb Group owes creditors £23m
The scale of demolition specialist Squibb Group’s debts can be revealed as the firm tries to strike a deal with its creditors.
Documents seen by the Enquirer detail how much is owed by Squibb as it seeks agreement for a Company Voluntary Arrangement (CVA) with creditors.
The CVA proposals by Begbies Traynor show £23.3m owed to more than 300 creditors by the group which had a turnover of £30.9m for the year to January 31 2022.Unsecured creditors in the supply chain are owed &pou
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