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Tipping liquidation

17th December 1992
Page 14
Page 14, 17th December 1992 — Tipping liquidation
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Which of the following most accurately describes the problem?

• Stoke-based Staffordshire Tippers went into voluntary liquidation last Thursday with debts of £367,000.

The firm, formed last year by Simon Broom, former financial controller at defunct Beacon Tippers, owes 60 unsecured creditors a total of £170,000.