Digital marketing company Trinity Street, which provided e-commerce facilities for acts including Oasis, has ceased trading.

The London-based direct-to-consumer company also provided online music stores at official Web sites for Arctic Monkeys and Ministry of Sound.

"The Board of Trinity Universal Holdings Limited, trading as Trinity Street, regretfully announces that it has ceased trading and has called in Tenon Recovery," said a company statement.

"Following a difficult period of trading, and after assessing all of the options available, the board of directors has decided to appoint Trevor Binyon of Tenon Recovery who will arrange a smooth run-down of the business."

A statement at said: "Today we were notified that Trinity Street, the providers of the Oasisinet Online Store, have ceased trading. We have been able to set up a new store through Record Store, our previous online partner, so you may make any new purchases there.

"We are currently investigating any outstanding purchases/pre-orders and will ensure that these are honoured. This may take a little time so if you have made an order that you have not yet received, please do bear with us."

Trinity Street was founded in 2002. It received a £4.8 million ($6.86 million) investment in loans from Ingenious Media Active Capital Limited (IMAC) in July 2007.

In December 2008, chairman David Robson and chief executive Andy Murray left the company and an interim management team, working with Ingenious, began a strategic review of the business.

"During the course of the review, it emerged that Trinity Street was in significant trading difficulties and having evaluated and exhausted all alternative solutions, the Board has taken the unavoidable decision to cease trading," said the Trinity Street statement.

Murray and Robson, who claim they were ousted in a boardroom coup, have now widened their previously announced High Court action (, Jan. 28) to include Ingenious Media Active Capital. They became aware of a decision that Trinity Street would cease trading on Friday (Feb. 13).

Murray and Robson previously named Sanjay Wadhwani, a director at Ingenious Ventures, and former Trinity Street sales director Danny Oakes in the writ, along with Trinity Universal Holdings Limited.

"Since they engineered the removal of myself and David Robson from the company, the management installed by IMAC has failed to secure new business and allowed loyal, long-term clients to take their business elsewhere," said Murray in a statement today (Feb. 16).

"Before we were ousted, Trinity Street was a growing business with both long-term clients and significant new opportunities. Our lawyers await clarification as to exactly what happened on Friday but we will continue to vigorously pursue our High Court actions against those who we hold responsible."

An Ingenious spokesman said that "we completely reject Murray's grotesque distortion of the facts" and "ridiculous assertion that all was well with Trinity Street." He added that Ingenious is "continuing to make enquiries" into how the business was run prior to the departure of Murray and Robson.

Trinity Street's direct-to-consumer model covered recorded music, live events and merchandise. Other clients included Global Gathering, Robbie Williams, Ministry of Sound, Snow Patrol, Universal Music Group and EMI.