Blue Anvil in liquidation

[RichardCranium]

We have discussed them before.

Slinky linky.

I've seen the heartache and pain caused by an agency folding. My deepest condolences to anyone losing money because of this.

NB everyone else: get your invoices in early, and frequently...

[RichardCranium]

I wonder what we can learn.

Name & Registered Office:
BLUE ANVIL TECHNOLOGIES LTD
THE OLD STABLES
BELLHURST LANE
WHEATON ASTON
STAFFORDSHIRE
ST19 9QS
Company No. 03161265

Status: Active
Date of Incorporation: 19/02/1996

Company Type: Private Limited Company
Nature of Business (SIC(03)): 7260 - Other computer related activities
Accounting Reference Date: 30/04
Last Accounts Made Up To: 30/04/2008 (FULL)
Next Accounts Due: 31/01/2010
Last Return Made Up To: 19/02/2009
Next Return Due: 19/03/2010
Last Members List: 19/02/2009
Previous Names:
Date of change Previous Name
15/02/2001 RENDEZVOUS SOLUTIONS LIMITED

Name & Registered Office:
BLUE ANVIL SYSTEMS LIMITED
THE OLD STABLES, BELLHURST COTTAGE BELLHURST LANE
WHEATON ASTON
STAFFORD
UNITED KINGDOM
ST19 9QS
Company No. 06643622

Status: Active
Date of Incorporation: 10/07/2008

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
None Supplied
Accounting Reference Date: 31/07
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 10/04/2010
Last Return Made Up To:
Next Return Due: 07/08/2009
Previous Names: No previous name information has been recorded over the last 20 years.

Hmm. I wonder what stunt the directors decided to pull in July 2008 when they formed the other company?

[pzz76077]

I wonder what we can learn.





Hmm. I wonder what stunt the directors decided to pull in July 2008 when they formed the other company?

Probably knew the writing was on the wall back then??

PZZ

[Lost2MuchMoney]

Blue anvil

My theory is that they lost the contract to supply BT directly with contractors to Hays IT and that this just tipped the balance to there shaky business model being unworkable.

Blue Anvil Systems probably bought any assets on the cheap last month...

[Lost2MuchMoney]

Is anyone going on the 28th? Is it a worthwhile exercise?

any thoughts?

[minstrel]

Is anyone going on the 28th? Is it a worthwhile exercise?

any thoughts?

I'm going, and I know a couple of others that are.

I'm not sure how worthwhile it will be. I doubt we'll get any more money by going. I'm going because I'd like to see how the process works and give the Directors an opportunity to explain themselves. If there has been any wrong-doing by the Directors I'd like them to be held to account.

From the research I've done, the IP does have the role of investigating whether there have been any improprieties. However, I suspect there is no huge benefit to the IP in going after the Directors and they will need to be driven by the creditors.

There might also be an opportunity for us all to drown our sorrows with a pint afterwards.

[Emigre]

I'm going, and I know a couple of others that are.

I'm not sure how worthwhile it will be. I doubt we'll get any more money by going. I'm going because I'd like to see how the process works and give the Directors an opportunity to explain themselves. If there has been any wrong-doing by the Directors I'd like them to be held to account.

From the research I've done, the IP does have the role of investigating whether there have been any improprieties. However, I suspect there is no huge benefit to the IP in going after the Directors and they will need to be driven by the creditors.

There might also be an opportunity for us all to drown our sorrows with a pint afterwards.

IP? Is that a liquidator/administrator?

if so, you are entitled to ask the administrator/liquidator to express an opinion as to whether/not they are satisfied that at no point were the directors potentially guilty of fraudulent trading, and secondly, that the directors/shareholders did not have payments made to them in the last few months to the detriment of the wider body of creditors.

When you look at the business model of one of these businesses its hard to see how they can go bust with large debts without some form of skulduggery having taken place. I suggest you write to the IP ahead of the meeting and request specific answers to the questions. It gives them a chance to look properly.

The problem you have is getting access to the books to get the work done prroperly.

Good luck and keep us posted.

[minstrel]

IP? Is that a liquidator/administrator?

IP = Insolvency Practitioner.

Thanks for the advice Emigre. I've already sent in some questions to the IP, and have a list that is growing by the day.

[gerryW]

Its looking like 3 months money for us guys here at O2, as O2 just want to wash their hands of us.
They say they will pay May, June and upto July 11 to Blue Anvil administrators, can they still pay monies for work not yet invoiced to the liquidised company??
Any ideas greatly received

[minstrel]

Its looking like 3 months money for us guys here at O2, as O2 just want to wash their hands of us.
They say they will pay May, June and upto July 11 to Blue Anvil administrators, can they still pay monies for work not yet invoiced to the liquidised company??
Any ideas greatly received

GerryW - I know what I'd do, but maybe best for you to PM me as this is a public forum and "they" might be watching...