Hard Way Promotions Limited, which trades as Wilkswood Reggae Festival and Jurassic Dance Festival, was voluntarily liquidated last month.
Bosses blamed the “current financial position” of the company for the reason why this summer’s event will not go ahead.
Nick Cusack and Paul bailey, of Croydon insolvency firm Bailey Ahmad, have been instructed as joint liquidators.
A statement of affairs submitted to Companies House has revealed that the company owes £70,062 to 14 creditors.
It includes £20,000 to Wilkswood Farm, based in Valley Road in Langton Matravers, where the festival was held each year.
Wilkswood Farm is home to around 120 Ruby Red cattle and…
