The Client
The Company was formed with charitable status to operate the activities of Watersmeet Theatre in Rickmansworth, Hertfordshire. However, it became apparent that further efforts were required to increase income for the charity to continue to be viable. Despite the Company’s attempts, sufficient income had not been generated to enable the Company to continue its operations.
The Conclusion
As a result, the directors decided that the Company should cease trading following the final performance of the current production. We were asked to assist with placing the Trust into Creditors’ Voluntary Liquidation.
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