Premier FX Limited (‘PFX’) : Following the death of the founder of PremierFX and sole director, Peter Rexstrew, in June of this year, the new directors have become concerned about the cash flow solvency of the company.
"Having taken professional advice from independent lawyers and accountants and, mindful of their over-riding duties to the firm’s creditors and customers, the directors have decided to suspend the business of PremierFX and to take steps to put the company into liquidation.
"In the meantime PremierFX will not transact any new business nor process any customer payments (inbound or outbound).
"The directors anticipate that the liquidators will be contacting customers once they have been appointed."
27 July, 2018
See also: 'Algarve business community shocked by news of Peter Rextrew's death'
