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Liverpool Echo
Liverpool Echo
National
Tom Duffy

Property company controlled by Liverpool businessman Tony Kenny goes under

A property company controlled by a bankrupt Liverpool businessman has been wound up.

The Vinco Group Limited, founded by Liverpool developer Tony Kenny, is now set to be dissolved. The company entered compulsory liquidation in January this year.

A winding up order, brought by London businessman Yaacov Kahn and Mirjam Kahn, was ordered by the High Court. The court made the order on January 4 this year.

READ MORE: ' Significant shortfall' at apartment scheme where investors are owed millions

The details appeared on the Companies House website last month. The order reads: "It is ordered that the Vinco Group Limited be wound up by this court under the the provisions of the Insolvency Act 1986.

"And it is ordered that the costs of the petitioner of the said petition be paid out of the assets of the company."

The Vinco Group was founded by Liverpool businessman Tony Kenny in 2015. Mr Kenny resigned from the company in September last year. However Mr Kenny is listed on Companies House as the person who owns over 75% of the company's shares.

Mr Kenny, 45, was made subject to a five year Bankruptcy Restrictions Undertaking (BRU) following a court hearing last year. The bankruptcy petition was brought by NF DELTA LLP which led to Mr Kenny being made bankrupt on August 4 last year.

The BRU prevents Mr Kenny from acting as a company director or managing a business without the permission of a court.

Publicity information offered by Vinco in around 2018 described Mr Kenny as the company's founder. The statement reads: "Tony Kenny is the founder and CEO of the Vinco Group. It was established in 2014 and has since experienced exponential growth.

"The company is now recognised as a leading real estate developer in the North West of England. Tony is very much hands-on with regards to the company and securing projects – whilst relying on his team to deliver."

The Vinco Group was one of the companies involved in the Tannery scheme in north Liverpool. The scheme was not built.

Development company The Tannery Liverpool Ltd, controlled by Vinco, later entered into receivership and then liquidation. Last week an update report by liquidators Cowgills has revealed that significant losses are likely.

It reads: "The receivers have recently advised that the liabilities due to the secured creditors exceed £5.6m. However the current value of the land is only £3m and therefore there is a significant shortfall anticipated."

The Vinco Group was also behind another scheme near to The Tannery which failed to materialise. In 2017 the company unveiled plans to build four tower blocks on Freemasons Row off Leeds Street. But the 656 residential units, pitched as the 'hanging gardens of Liverpool' , were not built.

The ECHO approached Mr Kenny for comment on this story.

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