A UK coffee supplier ceased trading and was placed into voluntary liquidation last month despite having assets of more than £1million. A financial statement filed on March 18 revealed that Surrey-based firm Instant Coffee Supplies Limited had decided to liquidate the company to distribute its assets.
The news was confirmed by a Resolution for Winding-up notice published in The Gazette last month, stating that the private company had officially gone into members’ voluntary liquidation (MVL). Lauren Rachel Cullen of Cullen & Co UK was appointed as the company’s liquidator on March 24.
“The Directors have made a Declaration of Solvency, and the Company is being wound up for the purposes of distribution of surplus assets to shareholders,”…