Astins’ creditors braced to see little of missing £12m returned

By Dave Rogers2020-12-01T06:00:00

Administrator warns out of pocket firms and employees figure represents less than 5% of what they are owed

Dozens of unsecured creditors of collapsed drylining firm Astins including trade contractors and the firm’s employees have been told the maximum they can expect to recoup of their missing £12m will be just £500,000.

The Crawley-based firm sank into administration earlier this year after nearly a quarter of a century in business.

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