A winding-up petition has been lodged against the operators of an Isle of Wight marina

A winding-up petition has been lodged against the operators of an Isle of Wight marina and will now proceed unopposed. Island Harbour Ltd, which operates Island Harbour Marina and The Bistro restaurant at Binfield on the River Medina, last week withdrew proposals for a Company Voluntary Arrangement.

The company has debts of more than half a million pounds and an official receiver will be appointed by the court if a winding-up order is made. However Island Harbour director Dominic Clapp said the company is actively looking at all options and still wanted to see if an agreement could be reached with creditors.