Venn Holdings was the ambitous buy-and-build venture set up by Anthony Thirlby and Andy Rae in 2021.
The duo split and Rae left the business in the summer of 2023, but remained a director and shareholder in Venn.
Venn’s trading subsidiaries John Dollin Printing Services (JDP) and Culverlands Press went bust just over a year ago, leaving an estimated deficiency of £4.4m.
The Venn Holdings accounts for the year to 30 April 2024 were due to be filed by 31 January but are currently flagged as overdue.
The unaudited, abbreviated accounts for the prior year detail amounts due to group undertakings of nearly £3.6m, and ‘other creditors’ of £1.3m.
A post-balance sheet note on the April 2023 accounts states: “In January 2024 the company’s two subsidiaries, namely Culverlands Press Limited and John Dollin Printing Services Limited went into voluntary liquidation.
“At the date of this report the outcome of this event is not known. However, the directors consider that the going concern basis may not be appropriate and the financial statements have been prepared on that basis.”
The application to strike off and dissolve Venn Holdings was signed at the end of last month by three of its directors: Andy Rae, Anthony Thirlby and Christina Thirlby.
This delivered the required majority. The fourth director is Claire Rae.
The application to strike off requires the directors to declare that none of the circumstances described in section 1004 and 1005 of the Companies Act 2006, whereby a company cannot apply to be struck off, exist in relation to Venn Holdings.