Here is a news report of the current state of affairs
A TROUBLED airline at Filton owes over £70,000 to Bristol businesses and hundreds of thousands of pounds to staff, who have not been paid since February. 2 pence in the pound? I think it is an absolute disgrace that our so-called "regulators" and government departments allow this sort of situation to happen to any British (well British-registered) company, let alone an airline. Good riddance to them, and let all creditors learn a big lesson.