NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF THE RE-USE OF A PROHIBITED NAME - RULE 12.4 OF THE INSOLVENCY (SCOTLAND) (RECEIVERSHIP WINDING UP) RULES 2018
Company NumberSC799528
Registered officeItek House, 1 Newark Road South, Glenrothes, Fife, KY7 4NS
Principal trading address21 Old Fishmarket Cl, EH1 1AE, Edinburgh
And
Mr Adam William Hepburn
On 10th October 2025 the above-named Company was petitioned to Wind Up, with Appointment of Liquidators on 16th December 2025.
Section 216(3) of the Insolvency Act 1986 (the "Act") 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 Act. (This includes the exceptions in Part 12 of the Insolvency (Scotland) (Receivership and Winding up) Rules 2018.) 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.
(together "the Activities").
This notice is given under rule 12.4 of the Insolvency (Scotland) (Receivership and Winding up) Rules 2018 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.
It is the intention of Adam William Hepburn (the "Director") to act, or continue to act, in all or any of the ways specified in section 216(3) of the Act in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of Wings2 Limited (in liquidation), a company incorporated in Scotland with registered number SC799528 and having its registered office at: Itek House, 1 Newark Road South, Glenrothes, Fife, KY7 4NS (the "Insolvent Company").
It is the intention of the Director-
(i) to carry out the Activities in connection with Wings Strikes Back Ltd, a company incorporated in Scotland with registered number SC875541 and having its registered office at 1F3, 10 Dean Park Street, EH4 1JW; and
(ii) that Wings Strikes Back would carry on business using the trading name "Wings" (the "Name").
The Name is, would be, or may be, a prohibited name (within the meaning of section 216(2) of the Act) in respect of the Director, given that the Insolvent Company has entered insolvent liquidation.
The Director would not be permitted to undertake the Activities without the leave of the court or the application of an exemption created by Rules made under the Act.
Breach of the prohibition created by section 216 of the Act is a criminal offence.
Christine Convy was appointed as liquidator of the Insolvent Company (the "Liquidator") on 16th December 2025. The Director was the director of the Insolvent Company on that date.
On 18th February 2026, Wings Strikes Back acquired the whole, or substantially the whole, of the business and assets of the Insolvent Company from the Insolvent Company under arrangements made by the Liquidator acting as liquidator of the Insolvent Company.
Recorded in The Gazette, issue 29240, 27 February 2026