The report states that preferential creditors are expected to be paid in full, however, Begbies Traynor – the contractor’s administrators – are continuing to liaise with the Redundancy Payments Service (RPS) to agree to the preferential claims. 

The preferential claims of employees for arrears of wages, salary and holiday pay are estimated at £72,057.

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However, the statement says that there continues to be a “number of disparities” in the preferential claim and are working with the RPS to reconcile the claims and anticipate distributing the full dividend imminently. 

RS Cook & Sons went under in 2019, after experiencing financial difficulties that were blamed on “underquoting at tendering stage” and “the non-release of retentions on some of its larger contracts”.