British Columbia · Receivership (court-appointed)

Proposed Administrator's Pre-Filing Report dated January 22, 2025

Pre-filing report · 22 January 2025

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 filing2 verified

financial positionnote: Document states: 'Neither ULC or SOAP have any secured creditors or encumbrances registered against their property' (p.25). Other entity/period figures reported but not summed: ULC internal trial balance as at Dec 31, 2023 - total assets ~$245,847, total liabilities ~$1,334,432 (primarily net intercompany indebtedness) (p.11-12); SOAP internal financial statements as at Oct 31, 2024 - assets ~$559,000, liabilities ~$508,000 (p.11). · page: 11 · as at: 2023-12-31 · basis: externally reviewed financial statements (SOAP) · scope: entity-level - SOAP only; ULC does not prepare financial statements and relies on internal trial balance · currency: CAD · total assets: 360188 · total liabilities: 309454
secured creditors