Notice of Intended Dividends
In the High Court of Justice
Business and Property Courts of England and Wales (Insolvency & Companies List) Court Number: CR-2020-001447
CASH ON GO LIMITED
07306662Trading Name: Peachy.co.uk; Uploan.co.uk
Registered office: 25 Moorgate, London, EC2R 6AY
Principal trading address: 199 Bishopsgate, London, EC2M 3TY
Notice is hereby given, pursuant to Rule 14.28 of the Insolvency (England and Wales) Rules 2016, that the Joint Administrators intend to declare a first and final dividend to the unsecured creditors of the Company within the period of two months from the last date for proving specified below.
Creditors who have not yet done so must prove their debts by delivering their proofs (in the format specified in Rule 14.4) to the Joint Administrators at Smith & Williamson LLP, 25 Moorgate, London, EC2R 6AY or by email to cashongo@smithandwilliamson.com by no later than 29 July 2021. (the last date for proving).
Creditors who have not proved their debt by the last date for proving may be excluded from the benefit of this dividend or any other dividend declared before their debt is proved.
The joint administrators are required to state the value of the fund (the Prescribed Part) available to the unsecured creditors from the Company’s net property under Section 176A of the Insolvency Act 1986. Whilst there are various factors which could impact the value of the Prescribed Part, we currently estimate that it will be between £431,000 and £498,000, subject to the costs of processing the dividend payment.
In accordance with the provisions of Part 14 of the Insolvency (England and Wales) Rules 2016, a creditor whose debt is a ‘small debt’ not exceeding £1,000 is deemed to have proved for the purposes of determination and payment of this dividend and is not required to prove their debt as described by this notice unless advised otherwise by the Joint Administrators.
Date of Appointment: 5 March 2020
Office Holder Details: Adam Stephens (IP No. 9748) and Henry Shinners (IP No. 9280) both of Smith & Williamson LLP, 25 Moorgate, London, EC2R 6AY and Gilbert Lemon , (IP No. 9573) of Smith & Williamson LLP, Portwall Place, Portwall Lane, Bristol, BS1 6NA
Further details contact: The Joint Administrators, Tel: 020 7131 4000. Alternative contact: Katya Daniels.
Adam Stephens, Joint Administrator
5 July 2021
Ag GH40348
