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Ferranti International Plc shares
Niknek
Posts: 1 Newbie
I've recently come across a share certificate for 1000 ordinary shares in Ferranti International Plc which I purchased in 1990 and had totally forgotten about. According to Companies House Ferranti Int. Plc. ceased trading earlier this year but I believe there were one or more buy-outs in the intervening period. I moved house in 1996 and would not have received any correspondence in this regard. Are these now worth zilch, and does anyone know how I can find out?
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The company was only struck off this year but it ceased trading decades ago, going into administration back in 1993.0
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Worthless. Bankrupt in 1993. It has the ignominy of appearing on HMRC's negligible value list i.e. you could have made the claim for the capital loss from the 93/94 tax year. I guess the 'dissolved' date will soon be added.Niknek said:I've recently come across a share certificate for 1000 ordinary shares in Ferranti International Plc which I purchased in 1990 and had totally forgotten about. According to Companies House Ferranti Int. Plc. ceased trading earlier this year but I believe there were one or more buy-outs in the intervening period. I moved house in 1996 and would not have received any correspondence in this regard. Are these now worth zilch, and does anyone know how I can find out?
NB I wondered whether taking 30 years to be dissolved is some kind of record but even in the list shown below Fairfield Shipbuilding took longer.
https://www.gov.uk/guidance/negligible-value-agreements#companies-d-to-f
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