It is likely that Brocket Hall, near Welwyn Garden City, will go into Administration as they face a winding up petition by HMRC, following an outstanding tax debt, rumours suggest.
This would be its second petition in the last 12 months.
In December 2018, the action of being wound up was avoided after paying up the sum of £134,306.
However, yesterday, at the same Insolvency and Companies Court in London, another winding up petition was issued, over an undisclosed sum.
The barrister for HMRC was granted an adjournment until February 5th, for the outcome of an administration application.
If the company were wound up yesterday, rather than the adjournment being granted, all affairs would of been given to an official reciever who would have the job of selling off all the assets to pay off the debts and close the business.