Millbay-based firm ADG, which designed some of the city's most eye-catching buildings over the past 40 years, ceased trading and went into liquidation last month.
Now documents filed at Companies House show ADG Consultancy Ltd left assets of £48,202 but large amounts owed in unpaid taxes, to its bank and to employees in unpaid redundancy money - most of which won't get paid.
The assets will pay the £33,462 owed to 12 workers in wages and holiday pay, but they will be short of £141,935 in redundancy and cash in lieu of notice, for which they are classed as unsecured creditors.
With just £14,739 left after paying staff, it will only cover a small portion of the £142,031 owed to HM Revenue and Customs in unpaid VAT and Income Tax.
Denne historien er fra December 04, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 04, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Warning tax rises may have greater impact on inflation
GOLDMAN Sachs has warned that the tax increases introduced by Rachel Reeves in the Budget could have a more significant impact on employment and inflation than official estimates suggest.
Convenience store rises from the ashes, a year after devastating fire
A PLYMOUTH convenience store has risen from the ashes with a £250,000 new look - a year after a devastating fire.
Architects leave debts of almost £500k
AN award-winning Plymouth architecture company has left debts of nearly £500,000 after collapsing, it can be revealed.
Commissioner for Covid fraud named
THE newly appointed Covid corruption commissioner will \"leave no stone unturned\" as he investigates a \"carnival of fraud\", Rachel Reeves has said.
Kaiser Chiefs unveil Home Park gig
KAISER Chiefs are playing a huge summer show in Plymouth next year to mark 20 years of their debut album.
History favours Pilgrims in their FA Cup encounter
HISTORY is on the side of Plymouth Argyle ahead of their Emirates FA Cup third-round tie away to Premier League club Brentford next month.
TIME FOR SUPPORT
HALLETT DETERMINED TO FIND WAYS OF HELPING ROONEY
Hallett is close to revealing mystery investor
EFL ARE UNDERTAKING APPROVAL PROCESS OF UNKNOWN PERSON
Sargeant and Clemson impress in Fawn's defeat
MARK Sargeant and Dave Clemson's (38.50) 26-dart 1001 leg included two maximums that contributed to 500 points in just three visits to the board from the latter.
Expansion plans for prisons slated
GOVERNMENT plans to boost prison capacity could fall short by thousands of cell spaces within two years and cost the taxpayer billions of pounds more than anticipated, Whitehall's spending watchdog has warned.
