Trade creditors of collapsed wholesaler 3G Food Service can expect to get back as little as 4% to 5% of the £3m they are owed, the administrator has told The Grocer.

The company has very few assets to sell because it does not own any of its ­depots or lorries and much of its stock had been reclaimed by suppliers who had a legal claim to the goods, said Adrian Allen of administrator Baker Tilly.

"The majority of the assets are debtors and we are trying to reclaim the money owed to the company on behalf of the creditors," he said. "But it's not easy, as people are always trying to get a deal, especially as cashflow is so tight at the moment."

3G, whose customers ­included restaurant chain Wagamama, collapsed last month without warning. The administrator said it fell victim to a tough market and narrow margins.