This is a follow-up message to the one which recently appeared on this website. The director of United Safety Limited has taken legal and accountancy advice and, following the withdrawal of banking facilities by its bankers, the company has had no choice but to cease trading and will be going into insolvent liquidation on 11 February 2010 at a creditors meeting which is detailed below. There will not be sufficient monies from the sale of the company’s assets to pay any distributions to creditors. The company has minimal assets. Monies owed to the company are secured to the bank and a van is on hire purchase. There is a limited amount of stock remaining and due to the fact that very little monies will be forthcoming from the asset disposals it may be necessary for the director to pay some of the liquidation costs personally. The director and his family have derived no financial benefit from the demise of the company. Any customers who have lost money due to the demise of the company are encouraged wherever possible to claim refunds from their credit card providers. Please do not come to the creditors meeting in the hope of receiving some payment. The purpose of the creditors meeting is to provide an explanation to creditors, similar to the one given above, as to why the company has failed and to pass various standard resolutions including the appointment of a liquidator. 

The following is a legal notice pursuant to Section 98 Insolvency Act 1986:

NOTICE  is hereby given  pursuant to Section 98 of the Insolvency Act 1986, that a meeting of the Creditors of the above named company will be held at offices of Daly & Co, Enterprise Business Centre, Enterprise House, Carlton Road, Worksop, S81 7QF on 11 February 2010 at 11.00 am for the purposes provided for in Sections 99 to 101 of the Act. Any creditor entitled to attend and vote at this meeting may do so by proxy. Completed proxy forms must be lodged with Daly & Co, The Portergate, Ecclesall Road, Sheffield, S11 8NX not later than 12.00 noon on the business day before the meeting. Daly & Co can provide proxy forms for any creditor who wishes to vote. A list of names and addresses of the company's creditors will be available for inspection free of charge at the offices of Daly & Co between the hours of 10 a.m. and 4 p.m. on the two business days preceding the meeting. 

Dated this 28th day of January 2010

Glenn Weeks

Director