From 6 April 2020 HMRC will become preferential Creditor in UK insolvencies.
UK treasury has written an easy to read paper on this matter. Explaining the effects of this change and showing hierarchy of distribution of funds in insolvency.
It shows that unsecured creditors like suppliers usually recover 4% of their dues.
I think it’s a good move by the government to secure taxes for the public good.
Restaurant suppliers should make note and negotiate better credit terms.