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Rums Eg creditors receive dividend

24 July 2019

A dividend of 10.1p in the £ has been paid to unsecured creditors of Hampshire Art & Craft CIC.

Peter Hall agreed to cap fees for the liquidation in order to allow sufficient funds to be made available for the dividend.

The Company was a Community Interest Company which traded as Rums Eg, an arts café in Romsey, Hampshire. Many of the creditors were local artists or private individuals and although their claims could not be paid in full, they have benefitted from the directors positive action to deal with the company’s financial problems.