Web-based dealer Fridgeland Online has entered creditors’ voluntary liquidation.
The firm traded from an address in Bury, Lancashire, with Ross McAllister and Daniel Harris recorded as current directors.
A notice on the London Gazette website stated that the “sole member of the company passed a special resolution that the company be wound up voluntarily, and an ordinary resolution appointing the liquidator for the purposes of the winding-up”.
Manchester-based Mercury Corporate Recovery was appointed as the administrator, with MD Francesca Tackie managing the case.
Mercury declined the opportunity to comment when approached by Catering Insight.
Some of Fridgeland’s assets have subsequently been sold to fellow online trader, Bottle Coolers Direct, with the dealer’s former phone number diverting to the new owner. However, a spokesperson for Bottle Coolers Direct clarified that it is not associated with the ex-Fridgeland team.
It is not known why the dealer had to enter creditor’s voluntary liquidation, although companies in this situation typically have creditors threatening to take legal action against them at a point where there is no real hope of rescue or recovery.
This process is aimed at maximising creditors’ potential to receive a return, and helping directors to avoid future accusations of wrongful trading. The appointed liquidator works on behalf of creditors as a whole rather than company directors, and their main role is to collect in and realise all business assets.
Fridgeland was established in April 2005 and promised to offer customers “a range of high standard of quality catering appliances and commercial refrigeration equipment at low affordable prices”. Brands including Foster Refrigeration, Polar Refrigeration, Samsung Microwaves, Sammic Catering Equipment, Buffalo Catering Appliances, Vogue Steel Kitchen Furniture and Blizzard Commercial Refrigeration were sold through its online portal.