UK coffee supplier plunges into liquidation with more than £1million in assets | UK | News
A British coffee supplier is closing shop, and the company is confirming this with a liquidation notice, according to the UK Gazette.
Trevor Geoffrey Blashfield, the 81-year-old Director of Instant Coffee Supply Ltd, confirmed the news with Winding Up Orders for the company to enter into Members’ Voluntary Liquidation.
“It is noted that on March 24, 2026, the following decisions were taken as Special Decision and Ordinary Decision, respectively: Voluntary liquidation of the company.”
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The notice appointed Cullen & Co UK as “liquidator of the company for the purposes of such liquidation”.
The company recorded capital of more than £1.08 million and assets of £1.4 million in 2025.
Liquidation of a company is the formal legal process of selling a company’s assets, paying its creditors, and dissolving the legal entity behind the company name.
In this case, it looks like the company will go into Members Voluntary Liquidation (MLV).
Members’ Voluntary Liquidation is a formal, tax-efficient process of winding down a solvent company initiated by shareholders when the company is no longer needed, according to a statement released by law firm Baker McKenzie.
The firm’s Restructuring and Bankruptcy experts explain that an MLV involves appointing a liquidator to distribute assets, pay outstanding debts, and liquidate the company, often allowing distributions to be treated as capital gains.
The reasons why a company may enter the MVL are:
– Retirement: A business owner decides to retire and has no successor.
– The company is no longer needed: A company has fulfilled its purpose, such as a special purpose vehicle for a specific project.
– Restructuring: A corporate group wants to reduce the number of organizations in its structure.
– Capital distribution: Shareholders want to distribute retained earnings in a tax-efficient manner.
