A “statement of affairs” produced by Deloitte, the administrator of the shipyard, show £49.7m is owed to the Scottish government – nearly £5m more than previously revealed. The Scottish government said it provided two commercial loans totalling £45m to Ferguson Marine, on which interest applies. The new figures also reveal that two partially-built CalMac ships at the centre of the firm’s collapse have been valued at £48.3m, nearly half the value of the £97m deal agreed to build the ships. Ferguson Marine went bust owning more than £73m. Further details from the document show that:
- £15.8m is owed to finance firm HCCI
- The Scottish government is owed £49.7m
- A total of £3m is owed to Clyde Blowers Capital, owned by former Ferguson boss Jim McColl
- There is an outstanding debt of £426,000 owed to HMRC
- The 300-strong workforce is owed £164,000 in overtime, holiday pay and pension contributions
- £1m is due to the European Commission.
- £3.9m is owed to business creditors, including a number of local Inverclyde companies