Secure Your Penny from Collapsed Companies

Three years after its collapse in 2020, Philip Day’s Edinburgh Wollen Mill still hasn't paid a penny to their unsecured creditors, according to reports from administrators.

The company’s unsecured creditors are owed £167 million but each was due to receive between £600,000 and £1.8 million. Sadly, it’s looking like they will never be paid back.

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