AN events company that put on large-scale festivals in Bradford has entered voluntary liquidation.

Events People Limited, which is run by Bradford-born popstar Gareth Gates, Nicholas Martin and Jonathan Oldroyd, brought The Big 1980s Festival and Bradford Dance Festival to Odsal Stadium in June, while The Big Pop Festival was due to run in September.

A meeting of creditors was held on July 20 and Simon Weir, of DSI Business Recovery, confirmed he had been appointed liquidator and the company had been placed in Creditors’ Voluntary Liquidation.

The directors said they have been left “devastated” at the situation.

They added they would be looking to “make things as right as we can”.

A letter, seen by the Telegraph & Argus, addressed to creditors from DSI Business Recovery, headed Events People Limited, was sent on July 6 and said: “The director(s) of the above company, having regards to its financial position, have decided to commence liquidation proceedings in order that the company should be wound up voluntarily.”

It added: “It is not anticipated that there will be a distribution to any class of creditor, due to the paucity of realisable assets.”

Mr Weir told the Telegraph & Argus: “On the basis of the information supplied by the directors at the creditors’ meeting there are likely to be insufficient assets available to enable a distribution to the unsecured creditors in this case.”

According to a statement of affairs on Companies House, 16 creditors are owed a total of £90,925.

In a statement, Events People Ltd said: “We are so very sad about how things have worked out.  

“It was undeniably tough from the outset. The threat of Covid hung over the festival industry all summer.  

“We at Events People remained determined to give the wonderful people of Bradford what they deserved and wanted despite being under significant pressure as our usual corporate partners, understandably, were hesitant to commit in a Covid year.  

“The decision to push forwards is solely ours. We always kept our guests as our top priority and we are devastated it has not worked out this time.  

“We remain loyal to those who have helped us in this situation and will be looking ahead to make things as right as we can in the future.”

When the festivals were announced last year, Gareth told the T&A he’d wanted to host a festival-type event in Bradford and said: “Our city deserves some good quality live music events”.

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