A meeting was held at 153 Yew Tree Lane, Yardley, Birmingham, on the same day, where Tauseef Rashid of Qimzen Advisory was appointed as liquidator.
A notice published in the London Gazette stated: “That the Company be wound up voluntarily and that Tauseef Rashid of Qimzen Advisory, Yew Tree Business Hub, 153 Yew Tree Lane, Yardley, Birmingham, be appointed as liquidator for the purpose of such winding up.”
A creditors’ voluntary liquidation (CVL) is a formal process used to close a limited company, started voluntarily by the directors and approved by the shareholders, rather than the courts.
The directors decide the business is insolvent, call a shareholders’ meeting, and at least 75% (by value) of shareholders must…