The Company was incorporated on 26 February 2003. The Company is used by an overseas beneficiary for the purposes of tax avoidance.
On the 17 November 2008 the Secretary of State for Business, Enterprise, Innovation and Skills, in pursuance of powers conferred upon him by section 447 of the Companies Act 1985, authorised officers of Companies Investigation Branch to investigate the business of Opalpeak Limited.
On 25 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 Opalpeak Limited, has removed funds from the Company's account without authorisation. Lack of co-operation with the Secretary of State's investigation. Lack of transparency. |