Bisset Adams went bust owing nearly £500,000
By Elizabeth Hopkirk2022-03-10T07:00:00
Staff appear to be biggest losers, according to liquidator’s report
Bisset Adams went bust owing more than £464,000, new documents reveal.
The sum includes more than £200,000 owed to staff. They are set to recover only a fraction of that, in the form of £3,750 earmarked for holiday pay.
The only other creditor likely to see any of its money is HMRC which is owed £177,000. It is listed as a preferential creditor, meaning it will be paid before trade creditors who are owed £126,000.
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