Unwins' debt revealed
Defunct off-licence chain Unwins was carrying debts totalling a massive 42 million before it was forced out of business, administrator KPMG has revealed. Diageo alone is owed 2.1 million.
Creditors to the business - including banks, Revenue & Customs (owed 7.9 million), employees and suppliers -
are to vote on a number of proposals put forward by the administrator. KPMG's report also revealed that Thresher Group paid 4.5 million for the 175 stores it bought in December 2005.
Creditors to the business ? including banks, Revenue & Customs (owed £7.9 million), employees and suppliers ?
are to vote on a number of proposals put forward by the administrator. KPMG?s report also revealed that Thresher Group paid £4.5 million for the 175 stores it bought in December 2005.
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56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
