BZ Property Holdings Ltd, which bought the former Wolverhampton Eye Infirmary six years ago, has been given notice by the Registrar of Companies that it intends to place the company in liquidation within two months.
The action was taken after the company failed to submit its accounts by a deadline of October 31.
But director Zed Ahmed said this was an oversight by his accountants, and would be resolved next week.
The notice gave the company until March 14 to submit its accounts, with failure to comply resulting in the company being placed into liquidation and its assets seized by the Crown.
