Liquidator Middleton Partners, headed by senior partner Peter Yeldon, announced the liquidation after a meeting yesterday (4 August).
Clive Fortis of Middleton Partners said no official bids had yet been received for Red Snapper Events' assets.
Fortis also confirmed that the process would not be a pre-pack administration, known as a 'phoenix', and that Red Snapper Events managing director Damien Clarkson and his team would not be buying any of the business back themselves. However, he did reveal that there are a number of external interested parties.
Fears that a pre-pack administration was in the offing had been expressed after the Red Snapper team established a new company, Red Snapper Projects Ltd, on 31 March this year.
Clarkson was as yet not available to comment and it is not known when Red Snapper staff will leave the firm.
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