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Hydroworks' liquidator claws back payment from Powerhouse

Powerhouse's latest quarterly accounts forecasts high cash outflows.

Calida Stuart-Menteath
Fri, 01 Feb 2019

Powerhouse Ventures is being forced to repay substantial money to former portfolio company Hydroworks, after liquidators were successful in clawing the sum back.

This could have a paralysing effect on Powerhouse, whose latest quarterly results, published yesterday, forecast high cash outflows.

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Calida Stuart-Menteath
Fri, 01 Feb 2019
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Hydroworks' liquidator claws back payment from Powerhouse
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