Modular firm Merit’s supply chain ‘unlikely’ to recover £17.4m

Digital Edition: Modular firm Merit’s supply chain ‘unlikely’ to recover £17.4m

Administrators for offsite construction specialist Merit Holdings have said they are “unlikely” to recoup the £17.4m owed to unsecured creditors. Merit Holdings Ltd – the main trading arm of Merit Group Services Ltd – ceased operating last year after entering administration, owing creditors £31m. James…
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