Darren mcmurray

A ‘customer owned item’ worth £50,000 has gone missing from collapsed Works Manchester, reducing the amount of recoverable debt as a result.

Rymack Sign Solutions is being wound up by the Official Receiver, following a court order to that effect.

PFI Group has been compulsorily struck off the company register after failing to make the required filings.

Works Manchester racked up a PAYE liability with HMRC of more than £600,000 during its short-lived and ultimately disastrous ownership by PFI Group.

A dozen ‘active’ businesses where PFI Group CEO Darren McMurray is listed as a director are now flagged as having overdue filings at Companies House.

Employees at Works Manchester have been sent home, with the future for the business unclear.

Software Circle has written off a further £1.42m because of PFI Group’s failure to meet the terms of its £3.17m purchase of Works Manchester.

Workers at PFI Group subsidiary Signmaster have at last gained some clarity and have been told the business is going to administration.