AN Internet based company involved in promoting a holiday club, is to be wound up in the public interest.

The Secretary of State for Trade and Industry has presented a petition in the High Court to wind up GB Research Limited, which promotes The Travel Association holiday club and operates from GB House, Back Silver Street, Bury.

The company which hold sales presentations to members of the public at various hotels, is run by sole director Ms Tina Baker with Ms Colleen Allen as secretary.

On the application of the Secretary of State the Court has appointed the Official Receiver as provisional liquidator of the company. The role of the Official Receiver is to protect and preserve the assets and financial records of the company until the hearing of the winding-up petition.

The petition is listed for hearing on March 26.

The petition was presented under the Insolvency Act on grounds of public interest.

All public enquiries concerning the company should be made to: The Official Receiver, Public Interest Unit, 21 Bloomsbury Street, London WC1B 3SS Tel No: 020 7637 6603.