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Direct Machine Tool Services Limited

News, Uncategorised

We are pleased to report that in the above creditors’ voluntary liquidation we have recently made a distribution of approximately 25p in the £ to unsecured creditors. As insolvency practitioners, we strive to ensure the best return to all creditors and stakeholders at all times. However, the reality is that is often not possible due to the limited assets available within the insolvency appointment. This can, understandably, be difficult for creditors to appreciate. So, whilst we always strive to maximise the return to creditors, it is especially satisfying to make a significant return to the ordinary unsecured creditors such as in this instance and others like it.