Trade creditors of fallen distributor Entatech are set for payment of between 35 and 45 pence on the pound, according to the final administration report from KPMG.
Entatech went under in May owing £9.7m to unsecured creditors, including £7m to trade creditors.
The firm's administrators had previously reported that these creditors could expect to see a return of around two thirds, but in the final report, posted on Companies House, KPMG has revised this figure to 35 to 45 pence, "based on current estimates". Entatech has now been moved into voluntary liquidation.
Microsoft is the largest trade creditor, with the vendor being owed just over £1.2m.
The final amount paid to unsecured creditors will vary depending on the sale of Entatech's Telford property.
KPMG said it is pursuing a preferred bid for the property but did not divulge any further information. The property listing however shows that any bid over £2m will be be considered.
Dave Stevinson - managing director of Entatech and the firm which acquired its assets, GNR Technology - said: "Perhaps the joint administrators are taking a cautious position and exercising prudence in their statements.
"I would imagine a lot depends on the value actually realised from the property on Stafford Park."
Two of Entatech's three secured creditors have been paid in full, while the third is expected to be paid in full once the property has been sold.
Preferential creditors are expected to be paid in full.
The report also gives further details of GNR's acquisition of Entatech's assets.
GNR acquired Entatech's stock, work in progress, contracts, domain names, intellectual property and goodwill for £300,001 on 12 May.
Further payment was also slated to be due depending on GNR's sale of stock, with an additional £231,850 now set to be added to the initial fee.
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