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After 15 months, we finally got the details on Interserve’s seismic 2019 this morning with the publication of the group’s accounts. It was a year that saw the beleaguered firm collapse and then resurrected by its lenders in a pre-pack administration.
Since then, the group has changed dramatically, with the FM business sold to Mitie, the RMD Kwikform and construction businesses separated further with different chairs and most recently a rebrand of Interserve Construction as Tilbury Douglas.
Its accounts for 2019, which were signed off just last month, reveal a number of important details about what the group now faces.
The heavy debt burden remains
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