Documents have revealed collapsed wholesaler Palmer & Harvey (P&H) owes more than £454m in combined debt to more than 500 suppliers.

The report, provided by P&H administrator PWC, includes the names of major tobacco, soft drinks and confectionery suppliers. Tobacco companies face some of the biggest losses, with Imperial Tobacco owed more than £118m. 

A statement from PWC in the document said: “The group has continued to face challenging trading conditions and uncertainty which has resulted in a number of its suppliers applying standard payment terms to reduce their credit exposure. 

“This created additional cash needs which were both unsizeable and unsustainable. 

“Despite lengthy and constructive discussions, efforts to mitigate the significant cash flow pressure ultimately proved unsuccessful.”

Other major suppliers facing losses include Mondelez (£2.4m), alcohol supplier AB InBev (£2.7m), Unilever (£1.2m) and Walkers (£4.9m). 

Additional figures in the document show turnover for the company before its collapse was £4.5bn for the year ending 8 April 2017, with losses in the same period hitting £63.8m.