HM Revenue & Customs is likely to be receive only 9p in the pound on
debts owed to it by collapsed firm Vantis.
HMRC is owed £2.8m in VAT and £8.6m in PAYE – a total of £11.4m, however,
they are likely to be paid just £1m, according to administrators.
The latest filing at Companies House showed Vantis’ other debts amounted to
£68m, including £58m owed to banks.
Among the creditors listed is Ernst & Young, owed £4,700.
Chad Griffin and Simon Granger, both from FTI Consulting, were appointed
joint administrators to the firm on 29 June.
Rowan Williams will be responsible for growing the firm’s presence in the Gatwick Diamond and across the south east
Kevin Humphreys joins the insolvency and restructuring firm from the National Crime Agency (NCA) Economic Crime Command
Ann Pomfret joins the Manchester office from BDO
Mark McMullen joins the private client services team from Smith & Williamson