Companies wound-up following investigations by The Insolvency Service's Companies Investigation Branch
On 28 January 2010 the Companies Court wound-up 21 companies on petitions brought by The Insolvency Service’s Companies Investigation Branch.
6 of the companies were involved in the fraudulent certification of consumer products.
9 companies were part of a land-banking scheme..
2 companies acted as online ticket agents, but had failed to provide tickets they had sold.
1 company was involved in a fraudulent wine investment scheme.
3 companies were involved in defrauding suppliers.
This illustrates the wide variety of investigations conducted by Companies Investigation Branch, and the robust approach the Court takes when presented with evidence of fraud or malpractice.
Notes to editors
1. The companies involved in the fraudulent certification of consumer products were:
Holytech (U.K.) Certification & Inspection Laboratory Ltd
SG Testing & Certification UK Co., Ltd
Intercert Approvals Limited
ESC Certification & Testing Service Ltd
Auger Certification & Testing Service Ltd
VOV Certification & Testing Laboratory Limited
2. The land banking companies were:
Leaders In Land Ltd
Agri Ventura Plc
Dunnsmoor Property Management Limited
Heraldon Estates Ltd
Arvida Estates Limited
The Impact Marketing.Com Limited
Farm Venture Ltd
3. The online ticket agency companies were:
The Online Ticket Exchange Limited
The other companies wound up were:
Elite Wine Portfolios Limited
Addictive Flava Roadshow Limited
Maverick Technical Solutions Limited
4. The Insolvency Service carries out confidential enquiries on behalf of the of the Secretary of State for Business, Innovation and Skills through Companies Investigation Branch.
5. The Insolvency Service administers the insolvency regime investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they became insolvent. The Service also authorises and regulates the insolvency profession; deals with disqualification of directors in corporate failures; assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees; provides banking and investment services for bankruptcy and liquidation estate funds; and advises ministers and other government departments on insolvency law and practice.
6. Further information about the work of The Insolvency Service is available from http://www.insolvency.gov.uk
Insolvency Service, 21 Bloomsbury Street, London, WC1B 3QW
7. Media Enquiries should be directed to: Ade Daramy, Press Officer on 020 7596 6187, Insolvency Service, 21 Bloomsbury Street, London, WC1B 3QW.
Phone: For enquiries please contact the above department