A publisher selling advertising space in safety awareness publications, has been wound-up in the public interest following an investigation by Companies Investigation Branch (CIB) of the Insolvency Service.
Glade Solutions Limited, a Manchester based company, began trading in June 2007 but were disrupted by CIB's enquiry when the company was forced to stop trading. CIB's investigation found, that despite having a national business operation soliciting sponsors and advertisers for two types of publication, neither publication had been produced and before CIB's intervention, sponsors had paid over £25,000.
Despite a lack of co-operation the investigation also found that the company traded in a manner contrary to the public interest, and was a continuation of other businesses previously closed down in the public interest.
CIB have, once again, warned businesses to remain wary of anyone cold calling asking potential customers to place adverts in wall planners, diaries, children's fund books and drug awareness books, magazines for emergency services personnel guides or other publications.
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Sunday, 24 February 2008
Posted by Debtsgone LTD at Sunday, February 24, 2008
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