If you are on the UK’s Alternative Investment Market (AIM), have a reputation in being slow paying people, have a history of litigation then it’s no surprise AND seems to mean very little these days but here we see a winding up order having been issued against Vision Media Group International  last week…
Publication Date: Tuesday, 3 March 2009
Notice Code: 2450
Petitions to Wind Up (Companies)
In the High Court of Justice (Chancery Division)
Companies Court No 10720 of 2009
In the Matter of VISION MEDIA GROUP (INTERNATIONAL) PLC
(Company Number 04990739)
and in the Matter of the Insolvency Act 1986
A Petition to wind up the above-named Company whose registered office is situated at 8 Smart’s Place, Covent Garden, London WC2B 5LW, presented on 4 February 2009 by Millnet Financial Limited, of Stapleton House, 29-33 Scrutton Street, London EC2A 4HU, claiming to be a Creditor of the Company, will be heard at Royal Courts of Justice, Strand, London WC2A 2LL, on 18 March 2009, at 10.30 am (or as soon thereafter as the Petition can be heard).
Any person intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioner or its Solicitors in accordance with Rule 4.16 by 1600 hours on 17 March 2009.
The Petitioner’s Solicitor is Silverman Sherliker LLP, 7 Bath Place, London EC2A 3DR.
24 February 2009.
Tim Ritson, Sales and Marketing Director at VMG tells us that “The winding petition has been settled in full and the petition is being withdrawn”.
These sorts of petitions usually mean they owe money / are slow or late payers / generally in dispute with someone.