liquidator

"We have hired private investigators and there have been sightings of him, but we have not been given any hard evidence of a sort of residence or location in a certain place," the liquidator says.

In time, Anderson became a retail liquidator, helping to close jewelry and watch stores and sell their remaining inventories.

The company will now be placed in the hands of the Official Receiver and special managers from consultancy firm Teneo, which has been appointed to run it on behalf of the liquidator.

The company owes a total of £119,000 to its patients, according to the liquidator appointed to manage its debts, Cork Gully.

The liquidator said the business was "unable to meet rising production costs".