Carillion: Debts

(asked on 16th January 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of (a) the amount of money owed by Carillion to and (b) the number of self-employed sub-contactor creditors of Carillion for (i) public sector and (ii) private sector contracts.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 19th January 2018

The nature of Carillion business means that it sub-contracts significant proportions of its work, with the potential for those sub-contractors to sub-contract out further elements.

At this stage in the liquidation process it is too soon for the Liquidator to have gathered in full details of the company’s debts and creditors. The Liquidation process for such a complex and interconnected group of companies will take some time. The Official receiver and his Special Managers have access to the records of the company and will be analysing these over the coming days.

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