NewsBeat
Golden Frog Public Relations of Ripon in liquidation
Ripon-based Golden Frog Public Relations Ltd was incorporated in 2011 and it entered voluntary liquidation on August 17.
The appointed liquidators were XL Business Solutions of Cleckheaton.
A liquidator’s report known as a statement of affairs outlined the financial situation.
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The report said Golden Frog, which was registered on the Phoenix Business Park on Low Mill Road, had assets of £13,880 available for distribution to creditors.
There were no preferential creditors- those who are paid first.
But there were unsecured creditors owed a total of £29,509.
They consisted of trade and expense creditors, who were owed £4,174.34; directors owed £2,000 and HMRC, which was owed £23,335 in corporation tax.
This gave a deficit of £15,629.38. With issued and called up capital of £10, this left an overall deficit or shortfall of £15,639.38.
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