Dodgy console company shut down
Selling non-existent goods
A Lancashire-based company which induced members of the public to make internet purchases of computer games consoles, which it then failed to supply, has been wound up in the High Court following an investigation by the Companies Investigation Branch (CIB) of the Insolvency Service.
Netwise Computing Limited initially offered internet related services such as providing domain names and maintaining websites for its clients. During 2008 the company adopted the trading style of ‘Stridergold’ and operated websites on which computer games consoles were offered for sale either individually or by the pallet. Those members of the public who are known to have made payments to the company did not receive the games consoles that they had paid for and the investigation found no evidence to suggest that the company had any such goods available. Further concerns put before the High Court included a lack of clarity in the control of the company, the involvement of a disqualified director in the sale of the computer games consoles and a failure to produce accounting records which meant that it has not been possible to ascertain either the company’s income and expenditure or the extent of the losses to the public. The High Court found that it was expedient in the public interest that the company be wound up.
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Anonymous | 09:30 1 September 2009
A Man Da | 13:05 1 September 2009
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