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I suppose you've left your own money in the company to have some sort of affinity with the simple folk, and even though you've known for years the company is a duffer you've never cut your losses, why would anyone heed any warnings from you?
It's the guy who won't cut his losses tell everyone to cut their losses. Righto RoJo.
From UK Gov website:
You can apply to the court to close or ‘wind up’ a company if it cannot pay its debts. This is also known as compulsory liquidation.
To wind up a company you must:
be owed £750 or more
be able to prove that the company cannot pay you
I know nothing about WUPs but looks like a slight overreaction, or a concerted effort to manipulate the market for gain.
· The full processing of the 3D seismic data is now complete. Given the vast volume of data acquired, interpretation is now due to be completed in Q4 2023, which may result in a full revision of gas reserve and resource potential for the field.
I presume we would do this interpretation in house?
I wish I had some funds. Oh well, I've got patience.