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No Transfresh cash

19th May 1994, Page 10
19th May 1994
Page 10
Page 10, 19th May 1994 — No Transfresh cash
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Which of the following most accurately describes the problem?

• The 20 unsecured trade and expense creditors of Poolebased freight forwarder Transfresh will probably not get a penny of the £337,000 they are owed. The creditors, mainly hauliers, are likely to lose their money: Richmond-based insolvency practitioner Stoy Hayward expects to recover only £65,000 of Transfresh's debt

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People: Stoy Hayward
Locations: Richmond

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