ADMINISIP "
6th May 2010, Page 7
6th May 2010
Page 7
Page 7, 6th May 2010
— ADMINISIP "
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Keywords :
Business, Bankruptcy, Deloitte, Unsecured Creditor, Unsecured Debt, Fruehauf Corporation, Business / Finance
Fruehauf's debt tops an estimated £10m
CM COVER STORY
COLLAPSED TRAILER manufacturer Fruehauf has an estimated deficiency of f.10.44m.
According to the statement of affairs compiled by administrator Deloitte & Touche, Fruehauf's debts to unsecured creditors include £201,090 to aluminium supplier Sapa and £138,406 to steel distributor Galvanised Sheet SE Coil.
Statements of affairs have also been filed for parent firm Wordsworth and its subsidiaries Huffey Group. Euro Force (UK) and WH Rentals.
Deloitte was unavailable for comment as CM went to press, however a company spokeswoman told CM last week that the administrator was in talks with prospective purchasers and was hopeful of concluding talks by the end of April.