Process of liquidating established and 'well-respected' Shropshire building firm begins
A committee of creditors has been formed as the process of liquidating an established and "well respected" Shropshire building company begins in earnest.
Shrewsbury-based JR Slee Building and Joinery Contractors Limited is understood to have been owed a 'low six figure' sum by a major national organisation following a contract dispute.
JR Slee then apparently did not have the money in the bank to pay sub-contractors which meant the business became untenable.
Graham Leddington of G Leddington Electrical Limited said his company is owed £32,800 out of a total thought to be in the region of £450,000.
Other creditors are owed much more and at least one small business is understood by creditors to have gone under as a result of unpaid bills.
Mr Leddington's business is not at risk because of the hole.
Mr Leddington has been in business for more than 60 years, including as the head of his firm that was formed in 1972, and worked with Rodney Slee of JR Slee on many projects.
