13/05/2026
Following our serving a statutory demand for approx £40,000 the debtors solicitor got in touch amd offered a settlement of £35,000 and we entered into a part 35 agreement.
The debtor then missed the payment date and offered £5000 for a few days grace which we accepted.
Following this, his solicitor told us he was no longer under instruction. We returned with a two day winding up notice which was also ignored.
Last Wednesday, we returned with a sealed winding up petitom from the courts with a court date set for Mid June.
We notified the debtor that we would be advertising in the gazette today, 13th May 2026. Which would ultimately get the company bank froze, meaning they couldn't sell festival tickets and would jeopardise this years festival going ahead after announcing massive headline acts.
Timing is sometimes everything! you can't sell tickets and pay bands and DJs without a bank account!
Full video will be released early June!