Deben owed millions at collapse and creditors are unlikely to be paid, says administrator


 

Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC. According to a report on the administration of the business by Ensors the prognosis for creditors is poor with a lack of saleable assets in the business meaning there is “unlikely to be a distribution of any kind to preferential or unsecured creditors”. That means the company’s 224 staff, who are considering […]