RE: Still revenue generating13 May 2024 16:36
If INL haven't called in an administrator yet, it should fall onto the directors to decide. If external funding isn't possible & considering the debts who would, then administration is the only option available. One assumes the administrators would try and sell the shares in the trading company to an interested party.
They are obviously still selling product, as keeping the company trading, and a semblance of business as usual, keeping the lights on etc is essential to getting 'value' for the shareholders.