Mash Events liquidated with £500k of debt

Mash Events Ltd, part of the Mash Media Group stable that organises International Confex, has gone into voluntary liquidation with debts of more than £500,000, according to the liquidator’s statement of affairs filed at Companies House. The debts include more than £250k owing to HM Revenue and Customs.

 Liquidators are still undertaking their investigations, but have confirmed that the taxman has submitted a claim in the liquidation of £254,568.

 Mash Media Group directors Julian Agostini and Liz Agostini are listed on Companies House as the sole directors of Mash Events Ltd, which has exhibition and trade fair organising stated as its nature of business. The company was wound up voluntarily and Opus Restructuring LLP appointed as liquidators.

 HM Revenue and Customs is the firm’s biggest creditor, while the company also has a debt from Barclays Bank of £145,175 secured against a debenture on the assets of the company, as well as unsecured debts of £75,681 and £60,000 with Mash Media Group and Jala Services respectively. Jala Services is listed on Companies House as a management consultancy firm of which Julian and Liz Agostini are the sole directors.

 In the summary of assets, a contract relating to International Confex is listed as having a book value of £153,333. Mash Media Group acquired International Confex from UBM in 2013.  

This year’s International Confex takes place on 28 February – 1 March at Olympia London.