Doomed firm 'over-valued' wip by £15M before collapse

Doomed firm ‘over-valued’ wip by £15M before collapse

Based on current estimates, nothing will be left for distribution to unsecured creditors, who are owed £7.4m in total. Yorkshire firm went bust a year after auditors wrote down 70% of its anticipated £22m income, documents have revealed. Administrators for personal injury specialist Heptonstalls, which employed more than 100 people, said in an update published …

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