Number of Shaylor creditors set to grow

shaylor 6

Amount of money owed by collapsed firm officially stands at £47m

The amount of money owed by collapsed Shaylor Group could be bigger than the official £47m, Building understands.

Earlier this month, the firm’s administrator FRP Advisory outlined what the stricken contractor owes in documents filed at Companies House.

They show the largest single creditor is Allied Irish Bank – due more than £14m – while six firms are owed £500,000 or more with the amount owed to trade creditors topping £19m.

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