Squibb liquidator probes £2m of “missing” plant

Liquidators handling the fallout from the collapse of demolition specialist Squibb Group have discovered more than £2m of plant and equipment is missing from the firm’s sites.
Before Squibb went under late last year it tried to strike a Company Voluntary Arrangement with its creditors.
In the CVA proposal it was estimated the company owned outright plant and equipment worth £2.5m plus cars worth £264,000 and £200,000 of scrap metal.But auctioneers sent in by the liq