Grant Prior 2 days ago
Administrators from ISG have actually determined another ₤ 111m in financial obligations owed to providers from collapsed specialist ISG’s fit out department.
A filing at business home reveals numerous subcontractors and providers owed money by ISG fit-out– with one electrical professional alone owed more than ₤ 20m.
The current financial obligations are on top of the ₤ 180m currently determined at the defunct group’s other departments.
And the overall is set to grow as subcontractors fear the financial obligation levels are grossly ignored.
One provider informed the Enquirer: “My name has actually appeared on the list however we are owed 4 times what they are stating.
“It’s barely a surprise though that ISG has actually got its number incorrect once again.”