Company liquidation

welshlal

davidmcn said:

welshlal said:

Thank you all. They are still active on companies house. This is what they have sent us , I’m guessing the thousands of pounds are lost even though they should still have our money as they haven’t paid the theatres yet as they were closed ?

They'll have had other bills to pay - given their last accounts showed them to have to have net liabilities, what they say in the letter seems credible to me.

I’m not saying that aren’t being genuine , as I’m no expert In This department i was wondering if there was any avenue we could go down to try and recoup every bodies money?

Lomast

I'm afraid  its unlikely if the company have no assets as stated

davidmcn

welshlal said:

davidmcn said:

welshlal said:

Thank you all. They are still active on companies house. This is what they have sent us , I’m guessing the thousands of pounds are lost even though they should still have our money as they haven’t paid the theatres yet as they were closed ?

They'll have had other bills to pay - given their last accounts showed them to have to have net liabilities, what they say in the letter seems credible to me.

i was wondering if there was any avenue we could go down to try and recoup every bodies money?

If everybody's money was there, the company wouldn't be insolvent. At best you can claim whatever percentage might be available from the assets they have.

mattyprice4004

welshlal said:

davidmcn said:

welshlal said:

Thank you all. They are still active on companies house. This is what they have sent us , I’m guessing the thousands of pounds are lost even though they should still have our money as they haven’t paid the theatres yet as they were closed ?

They'll have had other bills to pay - given their last accounts showed them to have to have net liabilities, what they say in the letter seems credible to me.

I’m not saying that aren’t being genuine , as I’m no expert In This department i was wondering if there was any avenue we could go down to try and recoup every bodies money?

You can't get blood from a stone - if they have nothing, there's nothing to reclaim via any avenue.
It's a rubbish situation, and you have my sympathy

68ComebackSpecial

welshlal said:

davidmcn said:

welshlal said:

Thank you all. They are still active on companies house. This is what they have sent us , I’m guessing the thousands of pounds are lost even though they should still have our money as they haven’t paid the theatres yet as they were closed ?

They'll have had other bills to pay - given their last accounts showed them to have to have net liabilities, what they say in the letter seems credible to me.

I’m not saying that aren’t being genuine , as I’m no expert In This department i was wondering if there was any avenue we could go down to try and recoup every bodies money?

It's possible that the club may be liable to repay the parents regardless as to whether it can be recouped from the theatre.