The companies were placed into administration with Turpin Barker & Armstrong on 8 March. One creditor claimed that the administrator had informed him that he would not be able to get his 10,000.
He said: We have been done twice. We were owed money anyway, but the thought of not getting paid for the 2,500 of work weve done for the administrator really leaves a bad taste.
Martin Armstrong of Turpin Barker & Armstrong said the companies would soon be placed into liquidation because the administration was not working. He added that he hoped to be able to realise some assets for creditors.
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"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
"Whatever happened to the good old fashioned cash job! At least the banks didn't take 2-3% of each sale. After 30 odd transactions that £100 quid you had has gone."
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