The solvency declaration states the shareholders are due a £173,312 tax rebate.
There will be an expected surplus of £413,666 once the account has been settled.
“[We] do solemnly and sincerely declare that we have made a full enquiry into the affairs of this company, and that, having done so, we have formed the opinion that this company will be able to pay its debts in full together with interest at the official rate within a period of 12 months, from a commencement of the wind up,” the report documented.
Adam still has two other businesses Caledfwlch Ltd and Neat Distillery Ltd.
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