Shareholders stumped up £30m in doomed bid to keep collapsed Styles & Wood afloat

pound coin

Trade creditors unlikely to see any of their missing £21m

Styles & Wood had more than £30m pumped into it last year as shareholders fought to keep the stricken company afloat.

The company collapsed into administration at the end of February, ending 35 years of trading with the loss of more than 200 jobs.

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