Police probe as Galtres Festival goes into administration
In a statement on its website, Galtres Festival Trading Ltd, confirmed it has now been placed in administration and a meeting of creditors is being organised to formalise voluntary liquidation.
Concerns have been made by stallholders and traders that following last month’s Galtres Festival at Duncombe Park, Helsmley, they have been left thousands of pounds out of pocket after not being paid.
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Hide AdNorth Yorkshire Police said yesterday: “We can confirm that a complaint has been made and officers are working to establish whether any criminal offences have been committed.”
A spokesperson for Galtres Festival Trading Ltd said: “the festival has not succeeded in attracting sufficient numbers of attendees to meet its costs.”
The statement added: “We are deeply sorry to those individuals and businesses affected by this situation. We know hardship is being experienced as a result by several traders, staff, suppliers, contractors and others.
“We welcome the investigations into the festival business, which we are confident will exonerate us and allow us to move on.”
However, it said a decision had been taken to currently “press ahead with plans” for next year.