21-05-2024 08:17 via constructionenquirer.com

Surgo Construction went down owing £4.5m

North East building contractor Surgo Construction went into administration in March owing £4.48m.
The scale of the firm’s debts were detailed in an update from administrator FRP Advisory posted at Companies House.
Hundreds of subcontractors and suppliers were left holding unpaid invoices worth more than £1.2m with little chance of unsecured creditors receiving anything for their submitted bills.The biggest creditor was Bellway Homes who are owed £1.18m by Sugro following
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