Listed below is information regarding dividends declared to creditors:
A copy of the letter confirming the cancellation can be found here.
Based on current information, the Administrators are of the view that there are sufficient realisations to allow a twelfth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 18 October 2020. A twelfth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.
Pursuant to Rule 14.35 of the Insolvency Rules 2016, on 27 January 2020 the Joint Administrators declared an eleventh interim dividend of 2.60 pence in the pound which will be paid on or around 31 January 2020 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Based on current information, the Administrators are of the view that there are sufficient realisations to allow an eleventh interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 20 January 2020. An eleventh dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.
Pursuant to Rule 14.35 of the Insolvency Rules 2016, on 10 September 2019 the Joint Administrators declared a tenth interim dividend of 1.55 pence in the pound which was paid on or around 10 September 2019 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Based on current information, the Administrators are of the view that there are sufficient realisations to allow a tenth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 7 August 2019. A tenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.
A copy of the letter confirming the cancellation can be found here.
Pursuant to Rule 14.29 of the Insolvency Rules 2016, on 28 March 2019 the Joint Administrators gave notice of their intention to make a tenth dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 14.35 of the Insolvency Rules 2016, on 11 January 2019 the Joint Administrators declared a ninth interim dividend of 2.58 pence in the pound which will be paid on 15 January 2019 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Pursuant to Rule 14.29 of the Insolvency Rules 2016, on 20 December 2018 the Joint Administrators gave notice of their intention to make a ninth dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 14.35 of the Insolvency Rules 2016, on 28 June 2018 the Joint Administrators declared an eighth interim dividend of 3.22 pence in the pound which will be paid on 1 August 2018 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Pursuant to Rule 14.29 of the Insolvency Rules 2016, on 28 June 2018 the Joint Administrators gave notice of their intention to make an eighth dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 14.35 of the Insolvency Rules 2016, on 23 April 2018 the Joint Administrators declared a seventh interim dividend of 43.7 pence in the pound which will be paid on 24 April 2018 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Pursuant to Rule 14.29 of the Insolvency Rules 2016, on 12 March 2018 the Joint Administrators gave notice of their intention to make a seventh dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 20 February 2017 the Joint Administrators declared a sixth interim dividend of 1.35 pence in the pound which will be paid on 22 February 2017 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 2016, on 12 March 2018 the Joint Administrators gave notice of their intention to make a seventh dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 27 May 2016 the Joint Administrators declared a fifth interim dividend of 3.43 pence in the pound which will be paid on 7 June 2016 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators' notice to all creditors who proved their debt can be found here.
Pursuant to Rule 2.95 of the Insolvency Rules 1986, on 10 March 2016 the Joint Administrators gave notice of their intention to make a fifth dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 1 September 2015 the Joint Administrators declared a fourth interim dividend of 3 pence in the pound which will be paid on 2 September 2015 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators’ notice to all creditors who proved their debt can be found here.
Pursuant to Rule 2.95 of the Insolvency Rules 1986, on 5 August 2015 the Joint Administrators gave notice of their intention to make a fourth dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 23 September 2014 the Joint Administrators declared a third interim dividend of 3.3 pence in the pound which will be paid on 23 September 2014 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators’ notice to all creditors who proved their debt can be found here.
Pursuant to Rule 2.95 of the Insolvency Rules 1986, on 18 August 2014 the Joint Administrators gave notice of their intention to make a third dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 12 May 2014 the Joint Administrators declared a second interim dividend of 4.7 pence in the pound which will be paid on 15 May 2014 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators’ notice to all creditors who proved their debt can be found here.
Pursuant to Rule 2.95 of the Insolvency Rules 1986, on 4 April 2014 the Joint Administrators gave notice of their intention to make a second dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Pursuant to Rule 2.98 of the Insolvency Rules 1986, on 5 November 2013 the Joint Administrators declared a first interim dividend of 16.1 pence in the pound which will be paid on 14 November 2013 to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators’ notice to all creditors who proved their debt can be found here. A copy of the notice can be found here.
Pursuant to Rule 2.95 of the Insolvency Rules 1986, on 1 August 2013 the Joint Administrators gave notice of their intention to make a first dividend distribution to the preferential creditors (if any) and to the unsecured, non-preferential creditors. A copy of the notice can be found here.
Alison Campbell Grant, David James Kelly, Dan Yoram Schwarzmann, Edward John Macnamara and Gillian Eleanor Bruce are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics
The Joint Administrators may act as controllers of personal data, as defined by the UK data protection law, depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators' appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators.
Mable Commercial Funding Limited is registered in England and Wales with registered no. 02682316.
VAT registration no. 446 9315 28
The Administrators are bound by the Insolvency Code of Ethics which can be found here.
Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659
Head of Market Initiatives and Non-Executive Director Programme Chair, PwC United Kingdom
Tel: +44 (0)7778 211066