DEBTS of more than £300,000 have gone unpaid after the collapse of a company which ran Plymouth’s Morley Arms pub.
Documents filed at Companies House show that even liquidators dealing with the failure of Morley Arms Ltd have ended up not being paid.
The company went bust in September 2022 with estimated debts of more than £600,000.
Liquidators at London’s B&C Associates Ltd have now wound up the company and confirmed there were no assets – so no cash to pay creditors.
With no likelihood of payment, HM Revenue and Customs didn’t even submit a claim for £106,340 it was owed. Unsecured creditors did, however.
The company’s statement of affairs said 11 unsecured creditors were owed £429,810. But in the end claims totalling £298,852 came in from 13 creditors.
Esta historia es de la edición April 06, 2024 de The Herald.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 06, 2024 de The Herald.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Support grows to have Schu back at Home Park
GREEN ARMY WANT TO SEE FORMER BOSS RETURN AFTER A YEAR AWAY
McPhee knows Parkway need to make their dominance tell
IT seems the bigger they are, the harder they fall for Plymouth Parkway.
Tavi bring in Edgecombe to shore up their defence
IF the alarm bells weren't ringing for Tavistock, then they certainly are now after a miserable Christmas saw them lose 3-2 to relegation rivals Falmouth Town and the club dropping into the Southern League Division One South relegation zone.
Devonport event at The Box
PEOPLE who live in or have a connection with Devonport are being invited to a special event at The Box on Saturday 11 January where they can share their memories, stories and objects.
Fundraiser after suspected arson attack on home
A FUNDRAISER has been launched to help a family after a suspected arson attack in Plymouth. A motorbike was set on fire next to a houseon North Road West on Monday morning.
Badenoch call for rape gang inquiry
KEMI Badenoch has called for a national inquiry into the UK's \"rape gangs scandal\", after Elon Musk hit out at Sir Keir Starmer over the issue.
Elderly 'at risk' during cold snap
AN imminent cold snap could put the elderly at risk of death, the UK Health Security Agency (UKHSA) has warned, as a charity criticised the Government's decision to limit winter fuel payments.
Stormzy given driving ban
STORMZY has been banned from driving for nine months, after an undercover police officer caught him using a phone behind the wheel of a RollsRoyce in west London.
House prices 'strong'
HOUSE prices ended the year on a strong footing, sitting just below an all-time high, according to an index.
Making the most of fitness studio with a difference
NEED to go to the gym after too much festive feasting? A Plymouth fitness studio run by two local fitness experts is the ideal place to go if you're not a typical gym lover.
