Carriage Company (Oxon) Limited, which operates taxis and private?hire vehicles and is registered at 66 Calthorpe Street, Banbury, appeared before the Insolvency and Companies Court on Wednesday, February 4.
A public notice confirms that, at that hearing, a judge made a winding?up order against the firm, placing it into compulsory liquidation with immediate effect.?
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The firm has gone into liquidation. (Image: Martini Archive)
The notice states that the Official Receiver has been appointed as liquidator in the first instance, taking control of the business from its directors.
Companies House records list Carriage Company (Oxon) Limited under SIC code 49320 (taxi operation) and show it was first incorporated in November 2008.?
In a compulsory liquidation, the liquidator is responsible for identifying and realising any remaining assets, such as vehicles, equipment or money owed to the company, and distributing the proceeds to creditors.?
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The transport firm is now in liquidation. (Image: Canva)
Funds are shared out in a strict legal order of priority, with secured and preferential creditors usually paid ahead of unsecured creditors, and any shortfall is written off when the process ends.?
Once the winding?up has been completed and the liquidator’s work is finished, the company is normally dissolved and its name removed from the Companies House register.?
A separate earlier notice shows that the winding?up petition against Carriage Company (Oxon) Limited was originally presented in January by a creditor seeking repayment of a debt.
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