The Company was incorporated on 16 December 1999. The company was used by an overseas beneficiary for the purpose of tax avoidance.
On 17 November 2008 the Secretary of State for Business, Innovation and Skills, in pursuance of powers conferred upon him by section 447 of the Companies Act 1985, authorised officers of Companies Investigations Branch to investigate the business of Beachwood Consultancy Limited.
On 23 June 2009 the Secretary of State issued a petition to wind the Company up in the public interest. The grounds for winding up the Company are:-
Classic Financial Solutions LLP, which set up and operates Beachwood Consultancy Limited, has removed funds from the Company's accounts without authorisation. Lack of co-operation with the Secretary of State's investigation. Lack of transparency.
On 25 June 2009 the Official Receiver was appointed as provisional liquidator of the company.
The company was wound up on 28 October 2009 and the Official Receiver is now liquidator |