Paragon Interiors owed £13.5m to creditors, say administrators
Paragon Interiors owed creditors over £13m when it called in administrators last month, according to reports.
Nottinghamshire Live says the firm, which was sold earlier this month to Elev8 Interiors of London, says that a report from administrators Leonard Curtis shows the company was £800,000 in the red by last June - when its latest full-year accounts were filed, and by January this year that had extended to losses of over £2m.
Leonard Curtis's report also shows that Paragon Interiors loaned Paragon Leisure Group £7.3m to ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...