A company that mis-sold undeveloped land for investment to the public has been ordered into liquidation in the High Court on grounds of public interest following an investigation by Company Investigations (CI) of The Insolvency Service.
The investigation found that Crestmore International Limited acted as an agent on behalf of Montrose Partners Ltd and The Montrose Partnership Ltd, two companies which had previously been wound up in public interest after similar misleading and unfounded statements in relation to the land.
The company traded for just over a year and sold at least 48 plots of land which had also already been sold to other investors by the two Montrose companies, raising around £535,796.
Crestmore International Limited was incorporated as Crestmore Marketing Limited on 18 January 2005. The company changed its name to its present one on 20 July 2009. The registered office of the company was at 43-45 Portman Square, London, W1H 6HN. The sole recorded director of the company from 9 July 2009 was Mr Alan Frank Taylor. There is no recorded company secretary.
The company used the slogan: “Land
