Details of the financial wreckage at tube contractor Metronet will be disclosed this week when administrators from Ernst & Young file the first financial documents with Companies House since Metronet's collapse in July.

An E&Y spokeswoman confirmed that the administrators, led by business recovery expert Alan Bloom, were scheduled to file a statement of affairs on Metronet at Companies House this week.

The contents of the document will remain confidential until public release, but the papers are expected to provide a list of Metronet's assets and may disclose further details about tax liabilities and creditors.

Documents will be filed within the 28-day deadline from the date of administration, which will surprise some experts.

Nick Hood from Begbies Traynor said he was not expecting the papers to be filed on time as Metronet had such a complex structure involving several subsidiaries. 'I thought the administrators would have taken an exemption which allows them to extend the deadline if a business is very complex,' Hood said.

The statement of affairs released by administrators will be closely examined by MPs who have called for an investigation into the contractor's collapse.

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