FRP Advisory was appointed as liquidator to Woodside Homes Limited after resolutions were passed at a general meeting of its shareholders, according to Companies House.
Documents show it was agreed “that the company be wound up voluntarily” and that FRP Advisory appointed joint liquidators to the business.
The winding up is described as a “members’ voluntary liquidation”, which is a process used when a company can pay its debts in full but its members, or shareholders, opt to close the business.
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Government guidance shows that “if you’re a director of the company, you may choose members’ voluntary liquidation”.
It adds: “This applies when your company is ‘solvent’,…