|Wallace & Co Creditors Lose £93,000|
Receiving only 38p for every pound owed following liquidation
Wallace & Co was located on the Upper Richmond Road and closed in 2014 owing creditors £150,000 having failed to be the success the TV presenter Gregg Wallace expected.
The payout totals £57,000 which means that there is £93,000 unpaid. In addition the Masterchef presenter was owed £293,000.
The restaurant was the third business owned by Mr Wallace to close; he had already closed his Bermondsey eatery 'Gregg's Bar & Grill' and his vegetable business Secretts Direct.