Creditors owed £4.8m by M&E firm ‘likely’ to get some payout

Unsecured creditors of Hull-based Tucker Mechanical and Electrical Building Services, which collapsed owing £4.8 million to more than 200 suppliers, are likely to receive a dividend after the administrator attributed the failure to unpaid work on Department for Education projects, while lender 4Syte is expected to be repaid in full following a sale of the business out of administration.

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