I won�t comment on the specific case you�ve highlighted, but generally speaking where an employer is insolvent, redundant employees do not lose out financially. Provided an employee would ordinarily be entitled to a redundancy payment (eg, they are eligible due to length of service and being under a contract of employment), their redundancy payment (together with any unpaid wages and holiday pay due) will be paid by the Insolvency Service Redundancy Payments (which is funded by National Insurance contributions).