£600,000 bad debt brought down 50-year-old manufacturer
The firm has been sold of administration for just £120,000 - with unsecured creditors set to miss out
Source: thebusinessdesk.com
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The firm has been sold of administration for just £120,000 - with unsecured creditors set to miss out
The move comes after a troubled few weeks for the company
Last year its owners invested £750,000 in a factory refurbishment at Broughton Astley
The company's owners invested £750,000 in a factory upgrade earlier this year