Interserve went under owing creditors more than £100m

By Will Ing and Dave Rogers2019-06-10T05:00:00

Companies House report shows contractor’s assets were barely a quarter of what was owed

Accountants, local authorities and a media monitoring company are among the dozens of unsecured creditors owed money when Interserve sank into administration in March.

According to documents lodged with Companies House, the listed contractor owed unsecured creditors £50.5m and secured creditors £55.4m – with the firm’s total assets estimated to raise just £27.6m for preferential creditors.

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