There's another aspect to this that seems to have been ignored.
There's no reason that I can see why JW shouldn't close down Mana Audio Ltd and continue to trade as (for example) a sole proprietor trading as "Mana Audio".
The fact that there is a "proposal to strike off" a limited company means simply that. It does not stop the erstwhile directors deciding to trade by means of a different vehicle. I know quite a few people who formed companies a few years ago for a short term tax break who have since wound them up. In many cases, the only clue that this has happened was the omission of the word "Limited" and the registration no. /directors' names on their letterhead.
However, I do agree that the lack of any clear statement does tend to breed all manner of speculation, especially for a specialist company with any kind of profile in its chosen field. This is unfortunate, but as mentioned above there are a number of plausible explanations, none of which have anything to do with defrauding customers.
Best;
Mark
There's no reason that I can see why JW shouldn't close down Mana Audio Ltd and continue to trade as (for example) a sole proprietor trading as "Mana Audio".
The fact that there is a "proposal to strike off" a limited company means simply that. It does not stop the erstwhile directors deciding to trade by means of a different vehicle. I know quite a few people who formed companies a few years ago for a short term tax break who have since wound them up. In many cases, the only clue that this has happened was the omission of the word "Limited" and the registration no. /directors' names on their letterhead.
However, I do agree that the lack of any clear statement does tend to breed all manner of speculation, especially for a specialist company with any kind of profile in its chosen field. This is unfortunate, but as mentioned above there are a number of plausible explanations, none of which have anything to do with defrauding customers.
Best;
Mark