Oxfordshire logistics firm enters voluntary liquidation after 20 years

Summarised from 2 outlets · Updated 2 Nov, 13:04 · Archive

NWI Logistics Limited in Steventon has entered members' voluntary liquidation after more than two decades in business.

NWI Logistics Limited, a warehousing and storage company based at a facility in Steventon near Abingdon, has entered members' voluntary liquidation after more than 20 years in business. Members voted to wind up the company at a meeting on 8 October, according to documents filed with Companies House.

The liquidation is not due to financial distress. The company has estimated assets of £257,498 and just £420 owed to unsecured creditors. After accounting for £3,500 in winding-up costs, £253,578 is expected to remain for members.

Directors believe the company can pay its debts in full, with interest, within 12 months, indicating an orderly conclusion to the business.

How it is being reported

• Oxfordshire logistics company enters voluntary liquidation after two decadesOxfordshire logistics firm NWI Logistics in Steventon enters voluntary liquidation after 20 years, with £257,498 in assets and £420 owed to creditors.Oxfordshire Guardian · 2 Nov, 12:30
• Oxfordshire logistics company enters voluntary liquidation after two decadesOxfordshire logistics firm NWI Logistics in Steventon enters voluntary liquidation after 20 years, with £257,498 in assets and £420 owed to creditors.Oxford Mail · 2 Nov, 12:30

In this story: NWI Logistics Limited · Steventon · Abingdon

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log