Business & Technology
Cotswolds car company to be liquidated amid £111,000 debts
Liquidators from BTG Begbies Traynor have been appointed for Cotswolds Cars Ltd after the Woodstock-based company reported creditors of £111,070 falling within a year.
That was as stated in its latest company accounts on Companies House which was for the year to August 31, 2024.
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In addition, it was reported that it had assets totalling close to £70,000.
On the government website, Cotswolds Car Ltd’s nature of business was listed as ‘other passenger land transport’.
Woodstock town square (Image: Oxford Mail)
This covers non-urban, non-taxi land transport, including airport shuttles, motor coach with driver, sightseeing buses, and passenger transport by animal-drawn vehicles.
Roma Gill was the director of the company which now is in the process of being liquidated.
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On July 13, at a meeting, special and ordinary resolutions were passed to wind up the company.
A statement in the Gazette said “that the Company be wound up voluntarily and that Andrew Hook (IP No. 26150) and Julie Anne Palmer (IP No. 008835) both of BTG Begbies Traynor (Central) LLP, Units 1-3 Hilltop Business Park, Devizes Road, Salisbury, Wiltshire, SP3 4UF be and are hereby appointed Joint Liquidators of the Company”.
This was “for the purpose of the voluntary winding up, and any act required or authorised under any enactment to be done by the Joint Liquidators may be done by all or any one or more of the persons holding the office of liquidator from time to time”.