Offshore Marine Management Limited has “engaged” insolvency practitioner Smith & Williamson to seek creditors’ voluntary liquidation.
Director Rob Grimmond has proposed, pursuant to Part 6 and 15 of the Insolvency Rules 2016, that creditors of the Company nominate Richard John Lewis and Gilbert John Lemon of Smith & Williamson LLP to act as joint liquidators.
The appointment will be made following a resolution to wind-up the company being passed by members.
In a letter to creditors Smith & Williamson said: “A decision on the nomination of joint liquidators from creditors can now only be sought by the director via a deemed consent procedure or by holding a virtual meeting. In this case the director considers it appropriate to deal with the nomination of joint liquidators via the deemed consent procedure.”
It is proposed the creditors’ decision in this regard will be made on 17 April 2019.
According to the OMM website the company is “an independent specialist marine contractor, providing tailored engineering solutions to the offshore energy industry since 2003”.
The company told reNEWS that the liquidation process only affects OMM Ltd and that other companies controlled by Rob Grimmond are unaffected.
OMM is headquartered in the UK city of Bristol and has offices in Cambridge and Hamburg, according to the company’s website. Further details of the implications of the news on operations are expected later this week.
Nicola Hooper from Smith & Williamson said a report on the financial position of OMM Limited would be sent to creditors in the coming days.