Is 271 Offshore Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, 271 Offshore Limited (company number SC514329) entered creditors' voluntary liquidation on 17 June 2019, by its creditors. Brian William Milne of null was appointed as liquidator.
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271 Offshore Limited is now in creditors' voluntary liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
How the case progressed
Administration
14 May 2019
Creditors' voluntary liquidation
17 June 2019
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | SC514329 |
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| Previously known as | - MML Offshore Limited, Aug 2017 to Oct 2018
- 271 Offshore Limited, Aug 2015 to Aug 2017
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| Incorporated | 28 August 2015 (11 years old) |
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| Registered office | C/O French Duncan Llp 10th Floor, 133 Finnieston Street, Glasgow, G3 8HB |
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| Nature of business (SIC) | 06100: Extraction of crude petroleum |
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| Date entered creditors' voluntary liquidation | 17 June 2019 |
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| Liquidator | Brian William Milne, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
271 Offshore Limited is a UK limited company based in Glasgow, incorporated in 2015 and 4 years old when the liquidator was appointed. Its registered activity is extraction of crude petroleum (SIC 06100). There have been 4 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control.
Directors
4 people have been appointed as directors of 271 Offshore Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mml Offshore Holding Limited
corporate entity person with significant control
Ownership of shares 25-50%Voting rights 25-50%
Mr Gordon William Gray
individual person with significant control · British · Scotland
Ownership of shares 25-50%Voting rights 25-50%
What happened
EventDateType
Termination of appointment as a director16 May 2023TM01 Termination of appointment as a secretary10 February 2020TM02 Move from Administration case to Creditor's Voluntary Liquidation17 June 2019AM22(Scot)
Appointment of an administrator14 May 2019AM01(Scot)
Registered office address changed25 April 2019AD01 +13 earlier events · 2016 to 2018
Confirmation statement made with no updates5 September 2018CS01 Appointment as a director3 September 2018AP01 Appointment as a director3 September 2018AP01 Notification as a person with significant control3 September 2018PSC02 Change of details as a person with significant control3 September 2018PSC04 Appointment as a director3 September 2018AP01 Total exemption full accounts made up24 August 2018AA Confirmation statement made with no updates6 September 2017CS01 Total exemption small company accounts made up24 August 2017AA Confirmation statement made with updates7 September 2016CS01 Current accounting period extended17 March 2016AA01 Incorporation28 August 2015NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is 271 Offshore Limited in creditors' voluntary liquidation?
- Yes. 271 Offshore Limited (company number SC514329) entered creditors' voluntary liquidation on 17 June 2019, by its creditors. Brian William Milne of null was appointed as liquidator.
- Who is the liquidator of 271 Offshore Limited?
- Brian William Milne, a licensed insolvency practitioner at null, was appointed liquidator of 271 Offshore Limited on 17 June 2019. Creditors can contact the liquidator directly to submit a claim.
- What does 271 Offshore Limited do?
- 271 Offshore Limited's registered nature of business is extraction of crude petroleum (SIC 06100).
- Where is 271 Offshore Limited based?
- 271 Offshore Limited's registered office is C/O French Duncan Llp 10th Floor, 133 Finnieston Street, Glasgow, G3 8HB. The registered office is the address held on the public register, which is not always the trading address.
- When was 271 Offshore Limited founded?
- 271 Offshore Limited was incorporated on 28 August 2015, 4 years before the liquidator was appointed.
- What is 271 Offshore Limited's company number?
- 271 Offshore Limited's registered company number is SC514329.
- Who has significant control of 271 Offshore Limited?
- 2 active people with significant control over 271 Offshore Limited are on the register: Mml Offshore Holding Limited, Mr Gordon William Gray.
- What does liquidation mean for creditors of 271 Offshore Limited?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in 271 Offshore Limited's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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