Two related telesales companies, Temple Design (UK) Ltd and Leighton James Design Ltd, were put into provisional liquidation on 15 August 2013 by the High Court in Manchester following investigations by the Insolvency Service.
The two companies operated from Greater Manchester and sold advertising space in their publications to proprietors of small businesses, using telephone cold calling techniques.
The orders placing the companies into provisional liquidation follow petitions presented on public interest grounds by the Secretary of State for Business, Innovation & Skills. The Official Receiver has been appointed provisional liquidator.
The role of the provisional liquidator is to protect assets in the possession or under the control of the companies pending the determination of the petitions. The provisional liquidator also has the power to investigate the affairs of the companies to protect the assets, including any third party or trust funds or assets in the possession of or under the control of the companies.
The case is now subject to High Court action and no further information will be made available until the petitions are heard in the High Court on 7 October 2013.