Carillion failure hits Van Elle for £1m

By Dave Rogers2018-07-25T10:32:00

Piling specialist forced to write off bad debt

Piling specialist Van Elle has been forced to write off close to £1m in bad debt following Carillion’s collapse earlier this year.

The firm had already warned it was facing losses from Carillion’s liquidation back in January and in its results for the year to April, Van Elle said it had booked a bad debt charge of £956,000 during the period.

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