US parent firm hands HOK £700,000

By 2018-10-04T09:16:00

4-LG-Science-Park,-Seoul-by-HOK-–-Picture-credit-Namgoong-Sun-HOC_LDSP_201807_001

Accounts show practice was paid over £500,000 of a bad debt

HOK’s US parent pumped £700,000 into its UK-based business earlier this year, the firm’s report and accounts show.

The payment was made to HOK International in March and comes as the firm narrowed pre-tax losses in the year to 29 December 2017 to £455,000 from £2.3m the year before.

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