Further notices filed

PFI Group among McMurray firms to be struck off

McMurray: trail of disaster after M&A spree

PFI Group has been compulsorily struck off the company register after failing to make the required filings.

The business was among a raft of companies where Darren McMurray is a director, and that had been flagged at Companies House due to overdue filings.

PFI Group Ltd was struck off the company register at the end of last month.

Sister companies PFI Print Ltd, PFI Signs & Graphics Ltd, and PFI Retail Ltd have also been dissolved via compulsory strike-off.

When this happens all property and rights vested in, or held in trust for the company are deemed to be “bona vacantia”, or vacant goods, and will then belong to the Crown.

Separately, Legal & General Property Partners has successfully applied for The Glendower Group Ltd to be wound up by the court.

A First Gazette notice for compulsory strike-off has also been filed against PFI Group’s immediate parent, Touchwood Holdings Ltd.

The same applies to Benningstone Ltd, PFI Print 2 Ltd, and PFI Signs 2 Ltd

A notice for compulsory strike-off was also filed against Rymack Sign Solutions Ltd in March.

However, last month this action was suspended “as an objection to the striking off has been received by the Registrar”.

Rymack Sign Solutions was the vehicle used to acquire Works Manchester, but then failed to make the agreed payments to vendor Software Circle (formerly Grafenia).

Rymack Sign Solutions is owned by Touchwood Holdings Ltd, which is controlled by McMurray and his wife Nicola.

Stuart Makin and Robert Skinstad ceased to be directors of Touchwood Holdings at the end of February.

The same circumstances apply – with strike-off action initiated but then suspended – at three other McMurray companies: Phoenix Fire Inhibitor Ltd, In2 Signs Graphics & Display Ltd, and MMTL Capital Ltd.

McMurray’s calamitous acquisition spree has resulted in the failure of a raft of signage businesses, with creditors left owed millions of pounds.