Seale Wines Ltd: message from Official Receiver

'I can confirm that on 23 November 2011 a winding up Order was made against Seale Wines Ltd (“the company”) on the petition of the Secretary of State, on public interest grounds.  On the making of the winding up Order the Official Receiver was appointed as liquidator of the company.   On the making of a winding up order the Official Receiver has a duty to investigate the cause(s) of failure and generally, the promotion, formation, business, dealings and affairs of the company, pursuant to section 132 of the Insolvency Act 1986.  As liquidator of the company the Official Receiver has a duty to realise any assets or property of the company for the benefit of its creditors.  Furthermore, in the event of any misconduct having taken place in the company the Official Receiver has the power to apply to court for the disqualification of anyone that may have acted as a director of the company, pursuant to section 6 of the Company Directors Disqualification Act 1986.

Anyone that is owed money by the company should send me an email with the following information:

Your full name;

You full postal address;

Details of much you are owed;

Details of your what your purchase/investment was for;

Any other information you feel may be of assistance.

Once I have your details you will be added to the list of creditors in the liquidation proceedings and as such you will be sent a copy of the Official Receiver’s Report to Creditors within the next 8 weeks, by which time I hope to have gathered some more information and also interviewed Mr Seale.

Kind regards

Matthew Stone

Senior Examiner

The Official Receiver's Office | Public Interest Unit

21 Bloomsbury Street | London | WC1B 3SS

DX 120875 Bloomsbury 6

T: +44 (0)20 7637 6417 | F: +44 (0)20 7637 6390

E: matthew.stone@insolvency.gsi.gov.uk | www.bis.gov.uk/insolvency'

Clampdown on land bankers

Reports here of various arrests, complusory liquidators and voluntary liquidators amongst land banking companies largely based in the Bromley and North Kent area. Frequently there are links between land banking companies and those offering wine investments.

Report here in the Financial Times on 16th November 2011 on arrests made by the FSA, although no charges as yet.

Series of reports here from The Mirror includes reports on arrests by the FSA, the collapse of Countrywide Land Holdings into voluntary liquidation, the complusory liquidation of Regency Land and the apparent flight of a director to Northern Cyprus. 

Eighteen55 Clarets still trading?

I have been contacted by several clients of Eighteen55 Clarets Ltd who have been unable to contact the company. I have had no success either. The company was founded on 23rd June 2008 and is currently registered at 55 Denmark Hill, Camberwell, London SE5 8RS. In its short life proceedings by Companies House to strike off and dissolved the company have been started and suspended twice. Until 29th August 2011 Altaur Rahman was the director. On the 29th he resigned and was replaced by Stephen Paul Bradshaw.  

I would be grateful if Mr Bradshaw would let me know what is the current possition, so that I can inform his concerned clients.

See previous post on this company here.