The Otium Entertainment Group, which has Coventry City Holdings Directors Tim Fisher and Mark Labovitch as Directors and is based at SISU Capital's Red Place in London head quarters, was issued with a first notification of strike off action (First Gazette) in the London Gazette on April 23rd.
This is the first step in dissolving a company that the registrar of Companies (Companies House of England & Wales ) has reason to believe the company is no longer carrying busineses or is not in operation.
Back on November 11th 2011, Ken Dulieu told the Coventry Telegraph that Otium Entertainment Group (OEG) was not a mystery company and said: “For the avoidance of doubt, OEG was set-up as a vehicle to allow the ultimate shareholder of Coventry City FC to provide the football club with working capital at a time when such an injection was vital.
“At no time has OEG been viewed as anything other than a vehicle for raising new money for Coventry City. Otium is not a ‘mystery’ company. The ownership structure was disclosed in CCFC’s regular filings to the Football League and the FA in June."
Disolving a company is a three to six month process, starting with the First Gazette, which is a publication in the London Gazette and a notice to the company owner. Another notice will be sent to the company owner and if no response was received, then Companies House will strike it off its records and post another publication in the London Gazette, making it official the company is no longer in business.
http://www.companiesintheuk.co.uk/ltd/otium-entertainment-group
Dissolution prior to winding up - Source: http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch37-48/chapter38/part1/part_1.htm