SOFTWARE LTD.
Company number SC144127 · Monitor this company
1 notice naming this company in The Gazette, the UK's official public record
4 September 2020
CLOUDBUY LIMITED
(the “Company”)
Previous Name of Company: Cloudbuy PLC
Trading Name: Cloudbuy
Registered office: C/O Opus Restructuring LLP, Evergreen House
North, Grafton Place, Euston, London, NW1 2DX.
Principal trading address: 4 Jupiter House, Calleva Park,
Aldermaston, Reading, Berkshire, RG7 8NN.
On 29 June 2020, a special resolution was passed that the Company
be wound up and an ordinary resolution was passed which appointed
Allister Manson and Trevor John Binyon of Opus Restructuring LLP,
Evergreen House North, Grafton Place, London, NW1 2DX as joint
liquidators of the Company for the purposes of the winding-up (the
“Liquidators”).
On 12 August 2020, the Liquidators sold substantially the whole of the
business and assets of the Company to Software Limited (CRN:
SC144127) whose registered office is at Suite 20 Rose Street,
Edinburgh, United Kingdom, EH2 4AT (the “Buyer”).
We, Ronald James Duncan and Helen Lyn Georgia Duncan of Tadley
Place, Church Lane, Baughurst, Basingstoke, Hampshire, RG26 5LA,
were directors of the Company during the 12 months prior to the
Company entering into insolvency and are directors of the Buyer.
We hereby give that it is our intention to act in all or any ways
specified in section 216(3) of the Insolvency Act 1986 in connection
with, or for the purposes of, the carrying on of whole or substantially
the whole of the business of the insolvent company under the
following names: “Cloudbuy” and “Cloudbuy Incorporations Limited”.
If this notice had not been published, we would not otherwise be
permitted to undertake such activities without the leave of the Court
or the application of an exception created by the Insolvency (England
and Wales) Rules 2016 or the Insolvency Act 1986. A breach of the
prohibition created by section 216 of the Insolvency Act 1986 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 under 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 giving 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.
NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF
THE RE-USE OF A PROHIBITED NAME PURSUANT TO RULE 22.4
OF THE INSOLVENCY (ENGLAND AND WALES) RULES 2016