Hull-based construction firm, Tucker Mechanical and Electrical Building Services, entered administration in October, setting off a wave of financial repercussions. The unexpected failure resulted from a major disagreement with its chief client, leaving the firm with a staggering debt of £4.7 million owed to over 200 creditors. Among those adversely affected are various Lincolnshire businesses, now ensnared in financial instability due to the company’s failure to meet its commitments.
This article was informed by original reporting which can be found on www.lincolnshirelive.co.uk.
