Shrewsbury glass company that suddenly collapsed agrees to go into liquidation

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A family owned glass company that suddenly collapsed leaving customers thousands of pounds out of pocket has decided to go into voluntary liquidation.

Heritage Glass Group in Shrewsbury spent £60,000 on a new showroom and vehicles during lockdown

Mr West said retail customers are classified as"unsecured creditors" and they are unlikely to get much if anything back. Details of the liquidation are being sent to all known creditors, including retail customers and trade customers. "It is too early to comment on what may be the outcome of any investigations and what recoveries may be made.

Mr West said that he had no involvement with the company until after it ceased trade and was unable to comment on events leading up to the sudden cessation of business on December 14."In general, we are experiencing a increasing number of insolvency enquiries, both personal and corporate.

 

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