It is with deep sadness that Hotchillee have formally instructed Ben Stanyon and Nedim Ailyan, of FRP Advisory Trading Limited, to assist us in placing the Company into liquidation in the coming weeks, due to financial difficulties experienced in recent years.
Despite our best efforts, the combination of Internal matters, ongoing financial challenges following COVID-19 and the Brexit referendum, without sufficient capital injection to continue trading, the Director has sought for advice in dealing with the Company’s affairs.
After 20 extraordinary years, this is a devastating blow to all of us at Hotchillee, as well as to our loyal community and Partners.
Regrettably, this means that we will no longer be able to deliver our upcoming events, including the LONDON-PARIS Gravel 2024, Sri Lanka Gravel 2025, and Cape Rouleur 2025.
The proposed Liquidators will be in touch with creditors shortly to outline options and next steps.
We greatly value and appreciate our community, and we sincerely apologise for the abruptness of this announcement and the inconvenience it may cause.
This is an incredibly difficult situation for everyone and your understanding and patience during this challenging time are greatly appreciated.
Yours sincerely,
Sven Thiele
contact: [email protected]