Saturday, March 23, 2013

Creditors of Craft Magazines Limited

Your help is needed!
If you are a creditor of Craft Magazines Limited you should have been advised that the company had applied to be struck off. You’re a creditor if you’re owed money or goods - so if you have an unfulfilled magazine subscription or you’re an unpaid designer, then you’re a creditor.
Any of us can object to this company being struck off. They have made no attempt to settle their debts, and their accounts have not been (and will not be) audited by an independent third party if they’re struck off. Creditors therefore have no way of knowing if there is any money to pay them.
To object, you can phone 0303 1234 500 or email enquiries@companies-house.gov.uk. Quote Craft Magazines Limited, Company Number 08051158.
You can object for any or all of the following reasons:
  1. The company has an unsatisfied CCJ, and therefore legal action still pending against it.
  2. You understand that not all creditors have been advised of the striking off nor were advised that the company has ceased trading.
  3. They have disposed of rights that, immediately before ceasing to be in business or trade, they held for disposal or gain in the normal course of that business or trade. (They have to have ceased trading for at least three months prior to the application to be struck off. Simply Beautiful was held as an asset or gain during the normal course of their business. They’ve disposed of it less than three months ago - about 6-8 weeks ago I think - by giving it to a creditor in lieu of payment).
I’m hoping HMRC may object as I’m presuming that once again PAYE, NIC and VAT wasn’t paid.

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