The Company behinds Shropshire’s largest music festival has applied for a Creditors Voluntary liquidation. ‘Shrewsbury Fields forever’ festival had been scheduled to be held in September but has now been cancelled according to a statement issued from liquidators.
Forever Invasion Ltd which is the company behind the event is believed to have failed to provide adequate safety assurances to Shrewsbury Town Council. Acts that had been lined up to perform included Happy Mondays and Dizzee Rascal.
There is believed to be literally hundreds of creditors including ticket holders. With Debts mounting up to hundreds of thousands of pounds. Forever Invasion were believed to already been the subject of Debt Collection actions and has taken the step of instructing liquidators.
CEO Dene Edwards had promised he would find an alternative venue in light of the Councils decision. He claimed on Monday “Hopefully we will fix this and all will be dandy”. Quite clearly that was not the case as the liquidation wheels would appear to have already been set in motion.
Councillor Jon Tandy commented on the situation “Our focus has always been to ensure quality events which are safe for those who attend”
He continued “To do that, we require good planning In this case I am afraid we could not be assured that those values could be achieved”
Director of Irwin Insolvency, Gerald Irwin said “The event has been cancelled and the company that organised it has instructed us to put the company into liquidation”
Any companies or individuals who are owed money by Forever Invasions Limited trading as Strawberry Fields forever Festival should contact the liquidators on 0121 321 700.