The company behind Plymouth's scrapped Girls Aloud gig is in compulsory liquidation following a court order.
City business Edge Promotions Limited is being dissolved after Plymouth County Court issued an order to wind up the business.
Edge Promotions director Shaun Hooper, who was yesterday unavailable for comment, previously told The Herald that he was facing financial ruin after losing between £50,000 and £60,000 on the event.
Thousands of fans were disappointed when the open-air Girls Aloud concert, due to take place at Newnham Park on August 11, was abandoned.
It was cancelled on July 30 after 3,500 tickets were sold. Mr Hooper had hoped 15,000 people would pack the gig and needed to sell 6,500 tickets to break even.
Any ticket holders who have not yet been refunded are being advised to contact the city's Insolvency Service to add their name's to the company's list of creditors.
According to the London Gazette, which publishes information on insolvency, the County Court made an order for Edge Promotions to be wound-up order on October 5. This was after Mr Hooper filed a petition for liquidation on August 3.
A liquidator has been appointed to collect assets and pay off creditors before the company is officially dissolved.
A spokesman for Companies House, which holds information about UK businesses, said: "Edge Promotions is being liquidated. The process is moving on towards the wind-up of the company.
"There will be a dispersal of the company's resources."
The day-long Girls Aloud gig had been originally planned for June 9, but was postponed one week before due to "technical difficulties".
It was set to include X-Factor contestants Eton Road, Booty Luv, re-formed city rockers Karrallon and party band Joey the Lips.
A spokesperson for Trading Standards in Plymouth said: "The company has now gone into liquidation, so our advice to anyone who hasn't yet had a refund is to contact the Plymouth office of the Insolvency Service to make sure their names are added to the list of creditors."
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Wednesday, 5 December 2007
Posted by Debtsgone LTD at Wednesday, December 05, 2007
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