A health club in Derbyshire where a sauna fire broke out at the weekend has struck a deal with its creditors, including HM Revenue and Customs (HMRC), external.
Mark Clifford PT Ltd, which operates The Clifford Health Club and Spa in Long Eaton, has entered a Company Voluntary Arrangement (CVA), which allows insolvent limited companies to continue trading if they agree to pay creditors over a fixed period.
Documents show HMRC is owed more than £1m and British Gas is owed £166,999.
The company and the insolvency practice have been approached for comment.