Estate Information

DEMETRIOU SPORTS CC

Date of Liquidation: 17/10/2024

Appointed Liquidators: CB St Clair Cooper & J Mashamba

First Meeting of Creditors Date: 12/02/2025

Second Meeting of Creditors Date: 12/02/2025

Special Meeting of Creditors Date: 07/05/2025

Assets: 2 x Vehicles (secured by ISA with two finance houses), Large amount of stock (made up of name brand clothing, trainers and sports equipment), certain of the stock was secured by various Creditors who proved reservation of ownership, there are three sites in which the landlords have a hypothec over the unencumbered stock  (All the above have been sold).

Danger of Contribution: at the moment a Danger of Contribution does exist for Concurrent Creditors.