SED.L Share Price (SED)

Yep. Which is why administrations very rarely end in shareholder returns.

Shareholders are the last group to receive payments,

after fully paid secured and priority creditors.

Yes, the administrators have to release proposals for the creditors 8 weeks after entering admin, so we'll get that by next Monday.

Just because there's been no news doesn't mean the main assets haven't been sold. The company isn't listed anymore so there's no need to update the market.

Like you I'm not expecting anything but curious as to how the assets could be worth so little if that is the case. If, against the odds, there is a surplus then I'll be delighted.

Will shareholders get any info on the winding up?

Not expecting any return but still perplexed why despite an environmentally useful product and apparently sane management no one has bought the company. Surely some Indian billionaire would be interested in transforming the tuk tuk in their country.

So assume the business plan was wrong or is it just we aren’t American!

A real shame this co failed not just the investor losses but the inability for engineering skills to develop.

Some of the assets in Sunderland that is. Not clear what's happened or is happening to everything at Silverstone.