It has been revealed that Body Shop owes more than £155,000 to businesses in Watford, Kings Langley and Rickmansworth
Businesses in Watford, Kings Langley and Rickmansworth have been left a total of £155,000 out of pocket after Body Shop went bust.
Administrators for the cosmetics chain said in February that it would close 75 stores in the UK and cut 489 jobs amid “an extended period of financial challenges."But the full extent of its debts was revealed in a document filed on Companies House on Wednesday, April 17, which showed it owes more than £276m to creditors including landlords, suppliers and tax authorities.
Body Shop also left debts of £91,206.83 to Century Engineering & Refrigeration, based in Station Road, Kings Langley, who declined to comment. Susan and David Tippen, registered at an address in Rickmansworth, were also named in the filing as being owed £1,873.49 by the chain. Administrators FRP Advisory declined to comment on individual cases, but noted that it will file a Company Voluntary Arrangement which would compensate the creditors if approved, although it is not clear how much they will receive.We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues.
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