Who is classed as a "Preferential creditor"?

[leorest]

Background
I am a sold trader, consultant engineer, and my main client is a company who has just been put into administration.
I have been asked, by the Administrators, to submit a detailed account of the amount owing to myself and of any claim I may have to being treated as a preferential creditor.

Question
I presume PAYE employees are normally high on the list but where do I stand and what would count as a claim to being a so-called" preferential creditor "?

I doubt I can magically make myself preferential, but I don't want to miss out by under-representing myself.

I like the idea of answers on the back of a five-pound note, but don't ask me to send you the blank notes, as my debtor has them all!

[greenv8s]

Does this help?

www.companyrescue.co.uk/company-rescue/guides/creditors.html

[Eric Mc]

Ordinary unpaid suppliers are right at the bottom of the list - I'm afraid.

[leorest]

greenv8s said:

Does this help? www.companyrescue.co.uk/company-rescue/guides/creditors.html

Thanks
Lots of usefull reading
Leo

[octanebooster]

Eric Mc said:

Ordinary unpaid suppliers are right at the bottom of the list - I'm afraid.

Couldn't have put it better myself, I'm afraid. You have my comiserations, and yes, it has happened to me.