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Midnight Sun Festivals have today (Thursday) withdrawn their application to be struck off the Register of Companies.

Companies House says the withdrawal application was lodged today, is being processed, and will be published within the next ten days.

The company behind the ambitious island music festival applied to be struck off the Register of Companies and dissolved on May 23, just over a week after axing the festival.

The filing to wind up the company was issued in Companies House Gazette on Tuesday, May 30, and revealed that the Registrar of Companies was giving notice that, unless a cause is shown to the contrary, the Company [Midnight Sun Festivals Limited] would be struck off the register and dissolved not less than two months from the date shown above [May 30, 2023].

When that news broke, ticket holders became worried that they might not see the refunds they had been promised.

Company directors Charles Clark and Ian Macarthur applied for the company to be struck off.

According to company records, a third director, Ariki Porteous, resigned on Monday, March 13.

The company's registered address was Unit 10b Harbour View, Stornoway. Filings show that Charles Clark of Gress is the Individual Person with Significant Control. He is recorded as the person who holds, directly or indirectly, 75% or more of the shares in the company.