<\/p>\n
\n 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.\n<\/p>\n
\n 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.?\n<\/p>\n
\n READ MORE: Trips cancelled as UK travel company goes into liquidation\n<\/p>\n
\n The firm has gone into liquidation. (Image: Martini Archive)\n<\/p>\n
\n The notice states that the Official Receiver has been appointed as liquidator in the first instance, taking control of the business from its directors.\n<\/p>\n
\n Companies House records list Carriage Company (Oxon) Limited under SIC code 49320 (taxi operation) and show it was first incorporated in November 2008.?\n<\/p>\n
\n 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.?\n<\/p>\n
\n READ MORE: Oxford restaurant had \u00a386k debts as firm went into liquidation\n<\/p>\n
\n The transport firm is now in liquidation. (Image: Canva)\n<\/p>\n
\n 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.?\n<\/p>\n
\n Once the winding?up has been completed and the liquidator\u2019s work is finished, the company is normally dissolved and its name removed from the Companies House register.?\n<\/p>\n
\n 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.\n<\/p>\n
#Oxfordshire #transport #firm #ordered #liquidation #High #Court<\/p>\n","protected":false},"excerpt":{"rendered":"
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