The Cotswold Company Fails


The directors of The Cotswold Company Ltd are poised to seek
creditors’ approval for a proposed Voluntary Agreement that will
see it sell its share capital to an independent publicly listed
third party. This would raise some £1.45 million for
distribution to its unsecured creditors. These include two
Polestar plants which are jointly owed £660,000, All
Response Media which is owed £129,000 and G&M Distribution
which is owed £324,000.

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