In a letter to all known creditors, the UK company announces that it has ceased trading and invites creditors to place the Company into compulsory liquidation.
The letter from director and co-owner Don Dewerson advised creditors that Everything Imaging has ceased trading and the company is not in a position to settle any outstanding liabilities, or to pay for the company to be placed into a formal insolvency procedure.
The letter invites creditors who are owed more than £750, (€860 / $935) if they wish, to commence proceedings to place the Company into compulsory liquidation. If, however, take action within the next three months, the Directors will commence steps to have the Company struck off.
Everything Imaging was incorporated in 2004 as a family-owned distributor of remanufactured laser toners providing the UK market with best quality OEM alternatives, sourced from the most reputable manufacturers in Europe.
In 2009, saw the introduction of the Cartridge Web / Crystal Wizard range to the UK market and in 2012, as the market became more aggressive, they released our range of white box, premium compatibles range.
According to the UK Insolvency Service, a solvent company whose directors have decided to stop trading can place the company into voluntary liquidation. Alternatively, the directors can choose to close your company by striking it off the Companies Register.
According to the UK Companies House Register, HSBC Invoice Finance (UK) Ltd and HSBC Bank PLC provide financing to Everything Imaging and they charges and debentures on and the assets of the company.
If the company is insolvent the directors can wind up their company through a creditors voluntary or a compulsory liquidation. Creditors can also apply to wind-up an insolvent company up through compulsory liquidation at their expense.
Directors of an insolvent company that has gone into liquidation will be banned for 5 years from forming, managing or promoting any business (including companies) with the same or similar name to the liquidated company.
