In a statement sent to its members at the end of last month, NEyTCO’s chief executive Catriona Nason said, ‘We are now in a position where the company cannot meet its liabilities and I unable to continue to support it. It was agreed the best way forward is to place the company into liquidation and bring NEYtCO to a close as expediently as possible.’
Ms Nason said her own ill health had been a ‘major factor’ in the demise of the organisation, which forced her to ‘take a back seat’.
She went on to say that by the time NEYtCO’s membership director, Juliette Davies, came on board to offer support, the ‘signs or trouble were already evidence and despite valiant efforts NEYtCO could not be saved.
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