WR Refrigeration’s administrator PwC has revealed that the company’s debts stand at £60m
Speaking to RAC, Eddie Williams, joint administrator and Director, PwC, said: “We are looking at total debts at around the £60m mark.”
Mr Williams reiterated that following the purchase by property maintenance provider Integral of parts of the business, there was little scope for further sales and that WR was not in a position to carry on in any capacity.
“We have a number of staff helping with the winding down of the business, and a handleful of others who have moved to the honour contracts of other companies, but I envisage no more significant sales.”
The Leicester-headquartered company has sites in locations such as Belfast, Cardiff, Dartford, East Kilbride, Leeds and Spalding.