Sidell Gibson creditors left out of pocket as talks start with HLM

摘要

The creditors of bust architect Sidell Gibson are unlikely to receive much of the £2.5m they are owed after it emerged that the firm's assets are only expected to raise £30,000. The news came as architect HLM was revealed as being in talks with Sidell Gibson to revive the brand. Sidell Gibson went into liquidation last month after experiencing a fall in revenue and the postponement of two major projects in its pipeline. The statement of affairs filed at Companies House showed that trade creditors were owed £1.4m when the practice went into liquidation.