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Property - a mixed sale at retail and storage in Tooting, London, valued at approximately 1 m ￡-seems to belong to partnerships of Connaught, one of the main subsidiaries of companies having failed, which is part of the administration.

David Costley-Wood, KPMG, concluded that the property has not transferred subsidiary A E Williams, Tooting company purchased by Connaught ￡ 6.5 m in 2007.

As a result, KPMG is now working with lawyers and directors of Connaught partnerships to establish refreshes situation is made more complex because A E Williams, which was largely inactive lain since its acquisition, is not in the administration and therefore does not fall within the powers of KPMG.

If the title of the building can be established and subsequently sold it will provide additional funds will be distributed to the creditors.

The question mark on the property of will part of the report of the directors serving insolvency administrators conduct in the period that preceded the collapse .the report must be filed within six months after the order of the administration, which took place on September 8.

To date, only ￡ 600,000 was discovered to pay 87 m ￡ unsecured creditors of Connaught.

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