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BOS creditors lose out

11th July 1996, Page 7
11th July 1996
Page 7
Page 7, 11th July 1996 — BOS creditors lose out
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Which of the following most accurately describes the problem?

Keywords : Bos, Bovines

• Hauliers owed money by Scunthorpe-based BOS Shipping, which went into administration in May owing more than Lim, have been told they will probably not see any of it after the company is sold.

Many hauliers, several of whom hauled steel coils for the shipping firm for many years, were left owed thousands of pounds when the company sought a High Court order to place the firm in administration.

Newport-based haulier FW Bowkett is currently owed £9,000 despite taking out a statutory demand for the money. According to owner Mrs K Bowkett, there are tens of others who have been hit, many much harder than her firm. A spokesperson for Manchesterbased administrators Leonard Curtis says it is unlikely that the smaller creditors, will receive any money from the sale of the firm. Under the terms of the administration Leonard Curtis has continued to ran the firm and is now seeking a buyer.

BOS director Graham Strattom is still working at the firm but would not comment.

The administrators are now trying to salvage more of B()'money.


Organisations: High Court
Locations: Newport, Scunthorpe

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