Electric Guitar becomes cash shell as subsidiary enters liquidation

Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December. The AIM-traded firm said Christopher Errington and Paul Ellison of KRE Corporate Recovery were appointed as joint liquidators. As a result of the liquidation, Electric Guitar was no longer controlling…

Creditors approve 3radical’s liquidation – South West

Bristol technology firm 3radical has entered liquidation after no offers for the business as a going concern were received. The decision was confirmed yesterday after being approved by creditors. Christopher Errington and Paul Ellison of KRE Corporate Recovery have been appointed as joint liquidators of 3radical. It comes just eight months after the audience engagement…