Peacocks will close more than 200 stores after being bought by Steve Simpson.
The Anglo Global Property deal, which will save about 200 stores, was led by the ex-chief operating officer of Edinburgh Woollen Wool but largely financed by former owner Philip Day.
A report by administrators at FRP shows Peacocks owed HM Revenue & Customs £8.87m, stock creditors £22.9m, landlords £29m and staff £2m. Fixed-charge creditors, of which Day was the most significant, were owed £125m. However, the total worth of the company’s assets was £52.6m.
Mike Ashley’s Frasers Group has called for an inquiry into the sale.
