It is with regret that the Board have decided that London Excellence Limited should cease trading with effect from the 1st March 2018.
The last few years have been difficult for many companies and our experience is that the time and money available to engage in peer-networking has been squeezed. As such our membership activities have become increasingly unsustainable.
As we have seen the last of our regional sister organisations succumb to these financial pressures we have taken this reluctant decision to ensure the best outcome for all stakeholders:
No individual or organisation will lose out financially.
- all current members will have their fees refunded from the 1st March 2018 to the end of their membership year and we thank you for your loyalty and contributions over the years.
- all creditors will be paid in full
- an amicable settlement will be reached with staff;
- no directors will be affected since there will be no need to place the company into receivership.
Once all administrative matters have been finalised and sufficient time has elapsed the Directors will seek for the company to be dissolved and struck off the register of companies in line with legal requirements.
On a personal note, I have gained so much from my time with London Excellence, developing so many skills and learning so much. They have been happy years and I have enjoyed working with you all. I sincerely hope that I will continue to work with many of you on personal terms and look forward to any developments that the future may bring.
In the meantime, if you have any queries with regards to this, please do not hesitate to email or give me a call.
With kind regards,