Administrator warns Styles & Wood creditors that recovering missing money could take two years

By Dave Rogers2020-10-13T05:00:00

Firm was owed more than £16m when it sank in February

Administrators at Styles & Wood have told creditors they are speaking to around 25 companies as part of efforts to recoup some of the £16m the stricken firm was owed when it collapsed earlier this year.

The £150m turnover company sank into administration at the end of February, ending 35 years of trading with the loss of more than 200 jobs.

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