DEBT ALERT:  DWBR Ltd – Insolvent and Still Trading

Our company alert this week is regarding DWBR Ltd, real estate company with a registered office with a registered office in Brayford Square.  This company had owed our client £12,155.13 plus interest (the Debt) and costs. On 13^th May 2024 our client assigned the debt to Insolvency & Law Ltd. We are committed to recovering these funds.  

Not being able to pay your debts when they fall due, satisfies the definition of being insolvent. Nonetheless DWBR Ltd is still trading.  Furthermore, we can report that the company accounts and confirmation statement are very overdue. The accounts for YE June 2022 were due by 31^st March 2023 and the company has been balance sheet insolvent since 2019.

The Director and shareholder is Rory Harper who has other trading companies under the Mulberry brand in distress. They have overdue accounts and 9 unsatisfied CCJ’s totalling £47,004.  Furthermore, Topaz M Ltd is in Liquidation-this collation of information shows a pattern of companies in in distress and owing money to creditors under his Directorship.

As DWBR Ltd is evidentially insolvent, Insolvency & Law intends to litigate this debt. Either by a County Court action or via insolvency proceedings i.e. a petition to wind up the company.  If this company owes you money, please make contact to Insolvency & Law immediately via [email protected].

Lastly, if you are owed money by any company that is refusing to pay for whatever reason, and you believe the debt to be rightly due to you, please make contact to Insolvency &Law via [email protected] to discuss your options.