NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF THE RE-USE OF A PROHIBITED NAME
RULE 12.4 OF THE INSOLVENCY (SCOTLAND) (RECEIVERSHIP AND WINDING UP) RULES 2018 (THE “RULES”)
Company NumberSC567746
Trading Name"Trickle" / trickle.works
On 5 December 2025, the above-named company entered insolvent liquidation.
I, Paul Kenneth Reid of 43 St. Alban’s Road, Edinburgh EH9 2LT, Scotland, was a
director of the above-named company on the day it entered insolvent liquidation.
I give notice that it is my intention to act in all or any of the ways specified in section
216(3) of the Insolvency Act 1986 in connection with, or for the purposes of, the carrying
on of the whole or substantially the whole of the business of the insolvent company
under the following name:
APTIQ WORKS LIMITED and/or the trading name, brand, or platform name
"TRICKLE".
Statement of the effect of this notice (Rule 12.5): Section 216(3) of the Insolvency Act
1986 lists the activities that a director of a company that has gone into insolvent
liquidation may not undertake unless the court gives permission or there is an exception
in the Insolvency Rules made under the Insolvency Act 1986. (This includes the
exceptions in Part 12 of the Rules). These activities are –
(a) acting as a director of another company that is known by a name which is either the
same as a name used by the company in insolvent liquidation in the 12 months before it
entered liquidation or is so similar as to suggest an association with that company;
(b) directly or indirectly being concerned or taking part in the promotion, formation or
management of any such company; or
(c) directly or indirectly being concerned in the carrying on of a business otherwise than
through a company under a name of the kind mentioned in (a) above.
This notice is given under rule 12.4 of the Rules where the business of a company which
is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the
company in liquidation with the involvement of a director of that company and under
the same or a similar name to that of that company.
The purpose of giving this notice is to permit the director to act in these circumstances
where the company enters (or has entered) insolvent liquidation without the director
committing a criminal offence and in the case of the carrying on of the business through
another company, being personally liable for that company's debts.
Notice may be given where the person giving the notice is already the director of a
company which proposes to adopt a prohibited name.
A person who acts in contravention of section 216 of the Insolvency Act 1986 may
be liable to imprisonment, a fine, or both. A person who acts in contravention of
section 216 is also personally liable for any debts of a company which are incurred
at a time when that person was involved in its management in contravention of
section 216 .
Dated20 January 2026
Recorded in The Gazette, issue 29225, 23 January 2026