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By July 3, 2020 Read More →

Axbridge Chamber of Commerce Member’s Newsletter: what type of recession will we get; who has gone bust this month; and the scandal that will cost the Post Office millions

Welcome to ICSM Credit’s July 2020 newsletterIn this issue; news in brief; print industry news; Post Office and RBS scandals; Judge takes into account new Insolvency Law giving protection to failing firms; and those runners and riders – who has gone bust recently.

We have to live with Covid-19 There are some serious questions that must be raised about the business shutdown and the furlough scheme. A worldwide hysteria over the Covid-19 pandemic has cost hundreds of thousands of lives and even more businesses. Sweden did not shut down businesses as the UK did and has a lower death rate per million than us, so perhaps having the lock down was not needed.

Sweden resisted lock down

Sweden’s Public Health Authority decided common sense and the civic duty of social distancing would be enough. It was not a carry-on-as-before policy as bars only served out doors and there were queues of shoppers spaced 1m apart. It meant their economy largely avoided the economic collapse the UK has experienced.

We must live with Covid-19

There was and is only one solution (until a jab has been created) and that is to live with it. Covid-19 will return at some stage – just like flu. By unlocking much of the economy this month the Prime Minister Boris Johnson has effectively admitted the lock down didn’t work – and he should have gone a lot further. It was an opportunity missed because as adults we can all make our own risk assessments – especially in business. 

Damaged economy

The result is the Government will have forked out £337bn to fund the crisis (according to their own leaked report), April’s monthly GDP was down 20% compared to 1% down at the height of the Credit Crunch in 2008, there are at least 600,000 permanent job losses (and probably far more eventually), and 51,000 businesses went bust in March alone. As usual it is businesses and the self-employed who have to pick up the pieces.

What type of recession?

The Bank of England are predicting a V-shaped recession – quick in and quick out – back to normal by Christmas. I hope they are right – but with local lock downs to come and the damage done to business my guess it will take longer to recover. In the meantime we must (as they say) keep on keeping on. Do stay in touch and follow our insolvency and business news on the website and on Twitter, Facebook and LinkedIn – to get an early warning on which companies you should avoid. Let’s hope it’s a V and not an L-shaped recession.

Best wishes
Ian Carrotte
Proprietor of ICSM Credit
For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com




ICSM Credit, the Exchange, Express Park, Bristol Road, Bridgwater, Somerset TA6 4RR

Not a member? Join for less than a tank of diesel and protect yourself from late payers.For a video on how to send a FREE LEGAL LETTER visit:https://youtu.be/AIycysoFhYo

News briefing

Warning to suppliers: When fashion brand Autonomy went into administration in March it owed suppliers £940,000 reports Drapers, and just as alarming the firm was ordering stock right up to when they went bust.“It’s a warning to all suppliers,” said ICSM Credit’s Ian Carrotte, “as many go on trading with firms who are showing all the signs of being in trouble but blindly supply them with goods and services which will never be paid for. There are a lot of companies in all industries that are struggling to survive but as long as they are paying suppliers, or have a repayment plan in place or another arrangement that guarantees payment then fine. But if a client airily dismisses concerns without addressing them then the rule is DO NOT SUPPLY THEM.”

Secret is out: High profile lingerie retailer Victoria’s Secret UK has gone into administration following an operating loss last year which strained it finances and amid the devastation of closing its 25 stores due to the lock down this year. Deloitte are now tasked with finding a buyer for all or part of the business and attempting to save some 800 jobs and find the money to pay suppliers who have been queuing up with unpaid invoices. The firm had suffered from a downturn in sales last year as it struggled to update its image as fashions changed. Its 2019 fashion show was cancelled after TV ratings slumped and there was criticism of its sexist style and a lack of diversity.
SPOT Spicers Office Team: It’s emerged that SPOT owed the paper merchants £3m when they entered administration in May with one supplier owed £1.86m. According to Print Week administrators Hunter Kelly and Charles King at EY, said Spicers Limited owed creditors £44.5m at the time of the collapse and OfficeTeam Ltd owed creditors just over £37m. Jo Francis wrote: “A raft of printing companies, from SMEs to large web offset printers and specialist suppliers, are also listed among the creditors.” Ouch.

Haulage fail: Mann Haulage in Chester-le-Street have been liquidated after a planned rescue bid failed reports Chris Tindall in Motor Transport. He wrote: “Liquidators from FRP Advisory were appointed to the business on 19 May after it lost its battle with financial difficulties that stemmed back two years. The haulier had operated out of the North East since 2004 and held an O-licence authorising 12 HGVs and 24 trailers and ran a mixed fleet of 7.5-tonne, 18-tonne and 26-tonne.”

 Construction woes: Dave Rogers in Construction reports that failed building firm Simons owed 600 creditors a total of £13m last year once the claims were added up. He wrote: “Administrator’s progress report unable to say how much out-of-pocket firms will get back. An update from the administrator of collapsed contractor Simons Group has said around 600 creditors have sent in claims totalling more than £13m. But the figure is around a quarter of what FRP Advisory said was owed by the Lincoln firm to unsecured creditors in January – suggesting many have given up on getting back anything they are owed.” The firm collapsed last October.
 Jo Francis of Print Week magazinePrint industry news: Jo Francis on business, trade bodies merge, death of former chairman of Picon, BPIF’s report on Q1 and Print Business on Covid-19The print industry is well represented in ICSM Credit with trade bodies and major companies making up a substantial section of their membership. So any news of how the industry is faring is of interest. Writing in the trade publication Print Week Jo Francis has reported on the state of play of firms as they look to emerge from the Covid-19 crisis.Publication printers are in particular suffering from the economic shut down as members of the public have broken their habits of buying newspapers and magazines as they have been in lock down. She reported: “Prinovis UK in Liverpool, the last remaining publication gravure printer in the UK, is consulting on 92 redundancies at its Speke site. The £66m turnover firm employed 483 staff according to its most recent accounts, so it would reduce its headcount by nearly 20% if the redundancies go ahead.”She said in her article: “Printing industry bosses are wrangling with a number of issues, including trying to work out what level of business is likely to return. One senior industry source commented: ‘Covid will increase structural change in print. What will happen in the normal busy season from July to October? What will happen with retail? It’s hard to see travel bouncing back. We are trying to work out what volumes are there now, what will come back and how quickly; and what won’t come back.’”BPIF Outlook ReportIan Carrotte said some sectors of the industry had been in decline for years but the Covid-19 crisis had accelerated trends such as the fall in demand for newspapers. He said: “There will be a major restructuring with many firms going to the wall although out of all recessions come new players. One simple observation that comes from the lockdown is the amount of online shopping that’s taken place. That is a huge boost to the couriers – many of who are members of ICSM – but also the packaging and cardboard industries.“The BPIF – it’s a trade body for the print industry – said in their Outlook survey that confidence has been decimated in the business in quarter one because of Covid-19. They cite the Credit Crunch of 2008 as the last time it was this bad but I feel it’s worse.”The BPIF Outlook Report said: “After two quarters of marginal improvements at the end of last year, the forecasted output balance of +15 for Q1 was wiped out as 60% of respondents experienced a decline in output. Just under a quarter of respondents (23%) held output steady, while 17% increased output levels. As a result of the dramatic decline, the Q1 balance was -43. This is the worst since Q1 2009 when the industry was dealing with the aftermath of the financial crisis. However, it is Q2 that is expected to bear the brunt of the impact, due to the UK lockdown that was announced by prime minister Boris Johnson on the evening of 23 March.”Gareth Ward is a well known figure in the print industryPrint Business reportThe editor of industry publication Print Business Gareth Ward has given a breakdown of the various aspects of the affect the Covid-19 crisis has had on the business. However it’s not all doom and gloom. He writes: “In Nottingham, carton printer Wilkins has seen a surge in orders as supermarkets struggle to keep the shelves full. If packaging is enjoying an increase in demand, then so to should other sectors. Europe wide trade association Intergraf has called for print to be designated an ‘essential service’ during the crisis. It points out that print is needed for packaging, hygiene products and medicines; information leaflets, posters and government communications; newspapers (though distribution is an issue if workers are not commenting to pick up their daily and one in ten at least has no access to the internet; and books, which need to keep up with demand from a population confined to their homes except for the weekly shop at the supermarket.”Tribute to former Picon manIan Carrotte of ICSM Credit said the print industry had lost one of its champions after the news of the death of Martin Olive aged 76,  was reported in Print Business magazine by Gareth Ward. He said: “Martin had been chairman of Picon twice and was the boss at Openshaws supplying consumables to the litho industry. Picon have been staunch supporters of ICSM Credit offering their members the benefits of credit intelligence – even more vital in these uncertain times. On behalf of everyone at ICSM I would like to pass our condolences to his family and friends at this difficult time.”Gareth Ward wrote: “Olive was of the affable variety of Yorkshiremen, with a strong belief that once agreement had been reached then that deal would be adhered to.”Brendan Perring. Pic: SignLinkPrint industry trade associations mergePrint Monthly’s Rob Fletcher has reported on the merger of two of the printing industry’s trade groups the Independent Print Industries Association (IPIA) and the British Association of Print and Communication (BAPC).He notes: “The two bodies say that by joining forces, they will combine their shared focus of supporting and driving print in the long-term. Sidney Bobb, who has served as chairman of the BAPC more than three decades, will take on the role of BAPC president, while Graeme Smith will continue as chairman of the IPIA. Former Print Monthly editor Brendan Perring will now serve as chairman of the BAPC.”Ian Carrotte of ICSM Credit welcomed the news. He said: “The IPIA is a member of ICSM Credit and enjoys the benefits of membership with credit intelligence, debt collection and inside information on who is in trouble and which industries are struggling. Printers serve just about every business in the UK so members hear in advance bad news of the likes of Thomas Cooke or Carillion, so they can avoid their business. I’m sure Brendan will be a proactive and effective chairman of the BAPC and we wish him all the best in his new and expanded role within both organisations.”Judge takes into account new insolvency law in test case saving retailer from petition to be wound up An anonymous retailer has been saved from liquidation after a judge granted an interim injunction when the anonymous retailer’s landlord presented a winding up petition to the court.With one eye on the Corporate Insolvency and Governance Bill 2020 (CIG Bill) that is yet to be passed in parliament a judge has in effect set a precedent for struggling businesses threatened by their landlords of being wound up with a petition by citing section 82 of the Coronavirus Act 2020.Exchange Chambers reported that: “The ex-parte hearing in Re: A Company (Injunction to restrain presentation of petition) [2020] EWHC 1406 (Ch), took place, in private, on 1 June 2020 before Mr Justice Morgan. Judgment was, unusually, handed down in open Court on 2 June 2020 because of the likelihood that the issues raised in the case will present themselves in other cases in the near future.”The case has given struggling firms a glimmer of light. Retailers, hotels, cafes, pubs, theatres, cinemas, night clubs, printing firms and manufacturers of all types have been hit hard by the Covid-19 shut down. In the test case the Judge gave his reasons for refusing the petition on a number of grounds but the main one being the provision in the Coronavirus Act 2020.Covid-19Ian Carrotte of ICSM Credit said: “Every month scores of petitions are presented to courts by creditors to wind up a firm that has failed to pay their bills. It is seen as the nuclear option by many – forcing an in debt company to cease trading and be liquidated. During the Covid-19 crisis there are so many firms in trouble as business has fallen off a cliff so this judgement shows the bill gives some cover although it only covers to the end of June.”In normal times the directors of the struggling company would either call it a day as the firm is insolvent or negotiate with the petitioner and other creditors and seek a CVA. The judge in the anonymous case decided in private on June 2 also refers to the CIG Bill which is yet to complete its passage through parliament.

Travelodge caseWriting for the Exchange Chambers website Jodie Chambers noted: “Fundamentally, the Judge decided that as a matter of law, he was able to take account of the likelihood that the CIGB would invoke a change in the law which would be relevant to his decision in this case. In arriving at that decision, the Judge was keen to point out that “essentially the same conclusion” had been reached in Travelodge Ltd v Prime Aesthetics Ltd [2020] EWHC 1217 (Ch) but that had been based on ministerial statements, as the CIGB had not, at the time of the hearing in that case, been published.”

Chapter 11
Ian Carrotte said: “This provides a glimmer of hope for many businesses who will gain some protection from landlords in particular who cannot seem to accept the impact of the Covid-19 crisis on their tenants.”He said that in the anonymous retailer case the judge indicated that post June when the protection ends the new law could be seen as an equivalent to Chapter 11 protection in the USA where the directors of an insolvent firm retain control and can restructure the business so as to trade their way out of trouble.“That happened when Kodak went bust,” Ian Carrote said, “and that would have an impact on pre-packs which have been controversial to say the least. Hopefully the new CIG Bill will give clarity in the world of company insolvency.”

SCANDALS: how the Royal Bank of Scotland and the Post Office forced SMEs into insolvencyPic: Daily TelegraphTwo of the nation’s best known financial institutions stand accused of irregularities, allegations of fraud and mismanagement that has led to hundreds of small businesses going to the wall. The Post Office and the Royal Bank of Scotland have had practices exposed which shed light on some dubious practices which have damaged their images as the friend of small businesses.In the first case the Post Office used a computer system which incorrectly showed that hundreds of Post Office postmasters appeared to be embezzling thousands of pounds. It led to the Post Office prosecuting the postmasters who were then fired, went bust, were fined and even sent to prison in some cases. The central issue was the sheer scale of the alleged embezzling suggested something was wrong as it landed 900 postmasters in trouble and the use of the Post Office of a Horizon computer system to check the accounts of the postmasters.Pic: Talking RetailAfter investigation by journalists it emerged the postmasters were unaware managers at the Post Office could manipulate the computer data remotely meaning potential errors could happen.A BBC Panorama programme as well as reports in Private Eye, the national press and BBC Radio 4 revealed managers knew problems with Horizon that could make money disappear. An audit by Ernst and Young showed serious problems with Horizon suggesting the idea 900 postmasters were thieves was highly dubious.The BBC reported this week: “It then became a central issue in a civil court case brought by 550 postmasters in 2017. The Post Office agreed to pay £58m to settle the case last year. During the trial, the Post Office admitted remote access without the postmaster’s knowledge was possible. Managers claimed they had made an honest mistake when dealing with Panorama because they had not been aware that remote access to Horizon was possible. But the programme showed its evidence to Rachel Reeves MP, who had been leading an inquiry into the Post Office and Horizon for the business select committee.”Rachel Reeves MP was chair of the Business, Energy and Industrial Strategy Select Committee said: “It is very serious that the Post Office were sitting on information that told them, and could have told the courts, and their sub postmasters, that other people could access their systems.”

Managers knew there were faultsThe BBC reported that thousands of pages of internal Post Office documents were disclosed in the civil trial and Panorama spent months investigating previously unseen evidence.The investigation reveals how Post Office managers ignored reports of multiple faults with the Horizon computer system. Now all 900 convictions could be overturned with the Post Office facing a billion pound bill in order to compensate the postmasters.Ian Carrotte of ICSM Credit said: “It is hard enough to run a successful local business at the best of times but to have your accounts manipulated by a third party suggesting you are a criminal – is in my opinion criminal. Some Post Offices may have seen a decline in trade with some services moved on line but they are still a vital local asset especially in small towns and villages and without this scandal far fewer would have closed.”Pic: The GuardianThree years ago the Royal Bank of Scotland was found to have forced hundreds of businesses to go bust by their now defunct Global Restructuring Group (GRG). The GRG would take control of an ailing business with the promise of turning it around with a system of loans and expert business consultants. Instead they forced the businesses to accept impossibly high interest rates and repayment terms and gave no expert business advice. They forced the firms into liquidation and then stripped them of their assets.That was bad enough but last December a report by the Financial Conduct Authority announced it would take no further action despite evidence of “systemic and widespread” mistreatment of SMEs between 2008 and 2013.

WhitewashThe all-party parliamentary group on fair business banking and finance Kevin Hollinrake MP said: “This report is another complete whitewash and another demonstrable failure of the regulator to perform its role.”Ian Carrotte of ICSM Credit said: “It appears that banks are a law unto themselves. Now those hit by the scandal and lost their businesses have taken legal action to claim millions of pounds from the bank after the parliamentary group published the report in full disclosing damning evidence this year. I wish them luck as the nation needs SMEs like never before.”


Use ICSM’s Debt Collection Service

ICSM Debt Collection Service is fast, efficient and highly experienced with an impressive record of securing debts  their clients had long given up on. Paul Carrotte heads up the division. He said: “The court system has remained open throughout the lock down and we have managed to recover tens of thousands of pounds for businesses that desperately needed the cash to ensure they can continue trading. Whether the debts are here in the UK or overseas we have the expertise and global reach.”

Contact Paul Carrotte on 0844 854 1850

MORE STORIES FROM ICSM’s WEBSITE
SEE THE WEBSITE FOR THE FULL STORIES – AND MUCH MORE



Swimwear firms collapses
https://www.icsmcredit.com/news/viewpost.php?id=244



Print Show is pulled
https://www.icsmcredit.com/news/viewpost.php?id=238



Gastropub owner ‘heartbroken’ by insolvency
https://www.icsmcredit.com/news/viewpost.php?id=237


Runners and Riders
Below is a collated list taken from the Government’s London Gazette of various  businesses who are experiencing problems in the last few weeks. Ones that catch the eye include Fox Marketing Services in the print industry that has raised a few eyebrows, while in retail the high profile name of Victoria’s Secret has gained national headlines, and in the travel the Shearings Group known for coach travel holidays went under.

Administrators Appointed
Adelie Foods Bidco Limited  43980
Adelie Foods Foods Group Limited  43980
Adelie Foods Limited  43980
Adelie Holdco UK Limited  43980
AHS Commercial Limited  43980
Admedo Limited  43985
Arlington Management Services Limited  43980
Brambles Foods Group Limited  43980
Centre For Dentistry Limited  43991
Cutthorpe Developments Limited  43980
Dawson Books Limited  44007
Drive Force (UK) Limited  43991
Eddison Books Limited  43987
Education Umbrella Limited  44007
Envirolec Smart Energy Solutions Limited  43986
Fox Marketing Services  MC Limited  43984
Go Outdoors Limited  44007
Grove Farm Park Limited  43985
I.N.A. Homes Limited  43980
North River Resources Plc  43994
Propcom Limited  43991
Prodoto Photogaphic Studios Limited  43991
W Potter & Sons (Poultry) Limited  43991
Seafood Pub Company Ltd  44007
Shepherd Cox Hotels (Bicester) Limited  43984
Shepherd Cox Hotels (Chesterfield) Limited  43984
Shepherd Cox Hotels (Darlington) Limited  43984
Shepherd Cox Hotels (Hartlepoo) Limited  43984
Shepherd Cox Hotels (Manchester North) Limited  43984
Shepherd Cox Hotels (Sedgefield) Limited  43984
Stylex Auto Products Limited  44001
Utilitywise plc  43993
Victoria’s Secret UK Limited  43991
 
Administrators Meetings Para 51
Flame Heating Spares Limited  43986
Lucinda Jane Limited  43987
 
Compulsory Liquidators Appointed s 136
Arrow Distribution Limited  43980
Darren Mccormick Jewellery Limited  43984
Synergy Leisure Entertainment Ltd  43984
 
Creditors’ Voluntary Liquidation Deemed in Consent Meetings
A1 Autoglaze Nationwide Limited  43992
(The) Angel Inn (Long Ashton) Limited  44001
Alan Davies Automatics  44012
Atkinson Peck Limited  44012
Automania Garage Services (Gatwick) Limited  44012
Auto-Plas (International) Limited  43985
Accure 123 Limited  43991
Atlantic Design Group Ltd  44001
Brandnew Future Limited  43991
Charles Roc Flooring Limited  43985
CMA Tools (Burnley) Limited  43984
Chiswick Self Drive Limited  43980
Famous Trimmings Limited  43980
Foot Heaven Limited  43980
Fibreglass UK Limited  44012
J.B.D. Construction Limited  44012
Hades Trading Limited  43985
Kura Consultancy Limited previously known as Kura Aviation Services Limited  43987
Laser Graphics Digital Limited  43986
Manor House (St Bees) Limited  43998
Media Therapy Limited  43987
MEM Consultants Limited  43985
Newbury Printers (NW) Limited  43987
Saber Systems Limited  43985
S Clift Foods Limited  43980
Stunning Maintenance Ltd  43991
The George (RLM) Limited  43980
The Print Foundry Limited  43994
The Stair Company UK Limited  43980
Noble CSS Limited  43984
Roof Solutions (Yorkshire) Limited  43984
Winchcombe One Limited  43984
Zapro Digital Limited  43985
 
Liquidators Appointed
A1 Autoglaze Nationwide Limited  44012
Accure 123 Limited  43986
Affordable home Furnishings Limited  43986
Alpha Waste Solutions Limited  43980
Amce Construction Limited  43984
Appex Developments & Sons Limited  43991
Apex Shelter Systems Limited  43991
Brand Impression Limited  43987
Baconinflate (UK) Limited  43984
Bisham Van Hire Limited  44008
Boon Building Services Limited  43984
BQC (Crawley) Limited  43987
BQC Coventry Road Limited  43987
Caledonian Travel Limited  43986
Charles Holden Limited  43986
Coach Holiday Group Limited  43986
Coast & Country Hotels Limited  43986
Clockhouse Marketing Limited  43984
Delex Logistics Limited  43992
DJM Print Finishing Limited  43985
Discovery Yachts Group Limited  43984
D & R Blinds And Awnings Limited  43987
DV Euro Logistics Limited  43991
Ellwood Windows and Conservatories Limited  43980
Feverpitch Limited  43987
Flat Cap Marketing Limited  44007
Fun Time (Liverpool) Ltd  43984
FootballCV Academy Limited  43980
Finn Tours Limited  43993
Foot Heaven Ltd  43993
Gary Pearce Landscapes Limited  43980
Ganton Greyhound (Yorkshire) Limited  43987
G T W Design Limited  43993
Harcastle Holdings Limited   43980
Harrison Brothers (Furniture) Limited  43984
Industrial Storage Group Limited  43998
Inklink Limited  43984
IAB Media Limited  44001
I-Guardit UK Limited  43980
Inn Chairs Limited  43991
IVEX Plastics Limited  43987
Joe Collins Limited  43987
Karl King Transport Limited  43980
Kings Road Tyres and Repairs Limited  43993
LMT Haulage Limited  43994
LY Realisations Limited  43984
Mack Transport Limited  44008
Metamorphosis Productions Limited  43984
MGN Builders Merchants Limited  43984
M A Exterior Cleaning Limited  43986
Magenta Travel Limited  43986
Marlborough Enterprises (Yorkshire) Ltd  43993
Mills Media Limited  43986
Market Table New London Limited  43991
North London Property Services Limited  43980
N E V Storage Equipment Limited  43993
Playdays Design & Installation Limited  43987
Product Mania Ltd  43985
Pushh Construction Limited  43985
Roalco Limited  43985
Rugeley Environmental Waste Services Limited 43984
Roof Solutions (Yorkshire) Limited  43993
S Clift Foods Limited  43993
Safeway Contractors Ltd  43984
Severn Group Limited  43984
Smash Retail Limited  43985
Seamless Coatings Limited  43980
Shaun Clarkson Design Limited 43986
Shoestring Music Productions Limited   43980
Soft Furnishings Limited  43980
Stays to Remember Limited  43993
Supply My Kitchens & Interiors Limited  43980
Shearings Leisure Group Limited  43986
Taylor Morris Eyewear Ltd  43986
Torbeth Holdings Limited   43986
The Challenge Network  43984
The Hive Circle Limited  43984
The Titanium Partnership Ltd  43985
The Stair Company UK Ltd  43993
Twenty Twenty Displays Limited  43993
Urbanscape Designs Limited  43985
Venture Packaging Supplies Limited  43985
Ultraglaze UPVC Windows Limited  43980
WA Shearings Group Employee Benefit Trust Limited  43986
Wallace Arnold Tours Limited  43986
Z And Z Design And Build Limited  43998
 
Members Voluntary Liquidations
786 Foods Limited  43985
Aimbrain Solutions Limited  43991
Ard Sonas Limited  43986
Ascent Scientific Ltd  43993
AT Energy Limited  43986
Brecon Properties Limited  43985
CEM Press Holdings Limited  44007
Chapelfield Property Management Ltd  43991
Claypenny Hotels Limited   43986
Cre8 With Limited  43986
Design Marine Limited  43987
Duraflex Limited  43986
Derby Business Management Limited  43991
Derby Investments Trustee Limited  43991
Egremont International Limited  43991
Electrical Assessment Services – UK Limited  43991
Envisage Media Consultants Limited  44012
Eyecomm Limited   43991
Garden Centre Property Development Trading Limited  43984
GRM Creative Limited  44008
Helfet Design Limited  43992
H-Square Limited  43991
John Martinson Plant Hire Limited  43991
Logicford Limited  43991
Lissajous Energy LLP  43980
Linksted Limited  43980
Magi Design Limited  44001
Market Reactive Limited  44001
MJS Eyecare Limited  43980
Montreux Living Limited  43980
Manchester Countrywide Limited  43984
Milanovic Consulting Limited  43984
Magellan Aerospace (Blackpool) Limited  43986
Modern Housing (Leicester)  43986
Metrocentre Lancaster No. 2 Limited  43991
PCT Consulting Ltd  43991
Pizza’s at 35 Limited  43980
Roding Consultancy Limited  43984
Senior Business Development Ltd  43984
S C Resurfacing Limited  43980
Skybridge UK Limited  43991
The Royal Bank of Scotland Invoice Discounting Limited  43998
Triglia Holdings Limited  43998
Unicorn Events Limited  44012
Upfront Retail Limited  43991
URS Luxembourg LLP  43991
Wyevale Garden Centres Holdings Limited  43984
Wyevale Garden Centres Limited  43984
Wheaton Europe Limited  43991
 
Petitions to Wind Up
Debenhams plc  43999
Cove Construction (SW) Limited  44012
ER Constructions Limited  43986
Future Way Homes Ltd  44012
Green Creation Limited  43986
GMP (UK) Limited  43991
Roquebrook Limited  43983
K Spence Building Services Limited  43987
Longway Leisure Limited  43991
Playtherm Limited  43987
Project 4 Home Developments  43992
Perrin Construction Limited  43992
Sids Home Improvements Limited  43991
Somerset Mechanical Limited  43991
United Dairy (Bishopsgate) Limited  44008
 
Winding up orders
The Viridis Group Ltd  43984

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For information on ICSM visit www.icsmcredit.com or call 0844 854 1850.
ICSM, The Exchange, Express Park, Bristol Road, Bridgwater, Somerset TA6 4RR. Tel: 0844 854 1850. www.icsmcredit.comIan.carrotte@icsmcredit.com


 
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