A UK project development firm has collapsed into liquidation after almost two decades in business. Cooper and Franklin Limited, based in the village of Fencott, Oxfordshire, was put into members’ voluntary liquidation (MVL) last month. The firm, which specialised in building project development, was incorporated in May 2007. Shareholders passed a resolution to wind it up voluntarily and appoint liquidators at a meeting on March 27.
Lawrence King and Matthew Waghorn, of Antony Batty & Co were appointed as joint liquidators, according to The Gazette. MVL generally applies to the process of closing a solvent company that can pay all its debts within 12 months.
Creditors have been given until April 24 to contact the liquidators with their…