Why this tree surgery firm collapsed with £916k shortfall

Orchard Tree Surgery Ltd, based at Clifford Court in Carlisle, has gone into creditors’ voluntary liquidation, with Steven Wiseglass, director and founder of insolvency firm Inquesta, appointed as liquidator. A statement of affairs signed by company director Andrew Edgar shows an estimated deficiency to creditors of £916,627.11. The document records fixed assets with a book…

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PA withdraws Ithala liquidation application as Treasury repays R1.4bn to depositors

The Prudential Authority has withdrawn its application to have the state-owned development financier Ithala liquidated. Ithala Development Finance Corporation/Facebook Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of inspiration, learning, and empowerment. You can only…