Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver – dated August 9, 2024
Notice to creditors · 9 August 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- financial positionnote: Total amount due by the Company to other creditors according to books and records is approximately $144,875 (aggregate, not itemized total of Schedule A entries); asset table figures are in $000's CAD. · page: 1 · as at: 2023-12-31 · basis: Debtor's most recent internal, unaudited financial statements; accounts receivable and inventory per Borrowing Base calculation dated 2024-07-23 · scope: Britman Specialty Products Inc. (entity level) · currency: CAD · total assets: 239000
- secured creditorsnote: Reported value includes secured loan for which the Company is the guarantor. · page: 2 · amount: 3553000 · debtor: Britman Specialty Products Inc. · creditor: Toronto Dominion Bank · currency: CAD
- unsecured creditorsnote: Listed as 'Employees' claim type under same creditor entry; possibly preferred wage claim but document does not label it preferred · page: 4 · basis: Creditor Mailing List per Company's books and records · amount: 10000 · debtor: Britman Specialty Products Inc. · creditor: 2371561 ONTARIO INC (Employees) · currency: CAD
- unsecured creditorspage: 4 · basis: Creditor Mailing List per Company's books and records · amount: 26483.24 · debtor: Britman Specialty Products Inc. · creditor: Kirk Key Interlock Company · currency: USD
- unsecured creditorsnote: Deemed trust/Crown claim class · page: 4 · basis: Creditor Mailing List per Company's books and records · amount: 15710.77 · debtor: Britman Specialty Products Inc. · creditor: Receiver General of Canada · currency: CAD
- unsecured creditorspage: 4 · basis: Creditor Mailing List per Company's books and records · amount: 298.32 · debtor: Britman Specialty Products Inc. · creditor: Garden City Custom Brokers · currency: CAD
- unsecured creditorspage: 4 · basis: Creditor Mailing List per Company's books and records · amount: 92382.65 · debtor: Britman Specialty Products Inc. · creditor: 2371561 ONTARIO INC · currency: CAD