Insolvency Notices

Company

INFORMATION TECHNOLOGY RENTALS LIMITED

Notice Type
Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
Publication date
29/11/2021
Edition
The London Gazette
Notice ID
3939544
Notice Code
2403

NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF THE RE-USE OF A PROHIBITED NAME

RULE 22.4 OF THE INSOLVENCY (ENGLAND AND WALES) RULES 2016

INFORMATION TECHNOLOGY RENTALS LIMITED

03970867(“the Company”)

Trading Name: Information Technology Rentals Limited, ITR

Registered office: Jupiter House Warley Hill Business Park, The Drive, Brentwood, Essex, CM13 3BE

Principal trading address: Technology House, Halesfield 7, Telford TF7 4NA

On 22 September 2021, the aforementioned company entered into administration (the “Administration Date”).

On the 12 November 2021, the business and assets of the Company were sold to SE Reynolds Limited (company number: 13600460) whose registered address is at 1 Brassey Road, Old Potts Way, Shrewsbury, Shropshire, United Kingdom, SY3 7FA

On the Administration Date, Sharon Elizabeth Reynolds of 1 Brassey Road, Old Potts Way, Shrewsbury, Shropshire, United Kingdom, SY3 7FA and Stephen George Hallsworth of Technology House, Halesfield 7, Telford TF7 4NA (the “Directors”), were directors of the Company and they give notice that it is their intention to act in all or any of the ways specified in section 216(3) of the Insolvency Act 1986, in the event that the company is placed into insolvent liquidation, in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the insolvent company under the following names: Information Technology Rentals Limited, ITR and any derivations thereof

The Directors would not otherwise be permitted to act in all or any of the ways specified in section 216(3) of the Act in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the Company under the prohibited name without leave of the Court or the application of an exception created by the Insolvency (England and Wales) Rules 2016.

A breach of the prohibition created by Section 216 of the Act is a criminal offence.

Rule 22.5 - Statement as to the effect of the notice under rule 22.4(2):

Section 216(3) of the Insolvency Act 1986 lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Insolvency Rules made under the Insolvency Act 1986. (This includes the exceptions in Part 22 of the Insolvency (England and Wales) Rules 2016). These activities are-

(a) acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company;

(b) directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or

(c) directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in (a) above.

This notice is given in pursuance of Rule 22.4 of the Insolvency (England and Wales) Rules 2016 where the business of a company which is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of that company.

The purpose of the giving of this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company, being personally liable for that company’s debts.

Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.