An Oxfordshire-based construction company is in talks with creditors after reporting financial losses and debts of about £2 million, according to coverage of a creditor meeting. The company holds discussions with creditors about whether it will enter liquidation, with its latest accounts showing it has made losses in recent years. At the meeting, creditors consider the firm’s options and whether liquidation is likely. Reporting also references the scale of the firm’s contracts, describing work potentially worth up to £75 million, though the extent to which these contracts are still active or available as part of any restructuring is not detailed in the accounts summarized by the sources. The outlets agree that the firm’s situation centers on its financial position, the outcomes of the creditor meeting, and the prospect of liquidation, following publication of its most recent accounts. No resolution, administrators’ appointment, or final outcome is reported in the provided summaries.
Oxfordshire construction firm in liquidation talks after reporting losses and £2m debts
An Oxfordshire-based construction company is in talks with creditors after reporting financial losses and debts of about £2 million, according to coverage of a creditor meeting. The company holds disc...
- An Oxfordshire-based construction company holds a meeting of creditors to discuss its future.
- The company’s latest accounts show losses in recent years.
- Debts are reported at around £2 million.
- Creditors consider whether the company will be liquidated.
- One report cites contracts potentially worth up to £75 million, without specifying their current status.
The Oxfordshire based business held a meeting for creditors to decide its fate
4 hours agoThe Oxfordshire based construction company held a meeting of creditors to discuss the chance of liquidation as its latest accounts show it made a loss in recent years
7 hours ago
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