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AB Properties Preston Ltd Is AB Properties Preston Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, AB Properties Preston Ltd (company number 13588040) entered compulsory liquidation on 22 July 2025, by order of the court. The Official Receiver Or Manchester of null was appointed as liquidator.
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AB Properties Preston Ltd is now in compulsory 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.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 13588040 |
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| Incorporated | 26 August 2021 (5 years old) |
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| Registered office | C/O Horsfields Belgrave Place, 8 Manchester Road, Bury, Greater Manchester, BL9 0ED |
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| Nature of business (SIC) | 68100: Buying and selling of own real estate |
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| Date entered compulsory liquidation | 22 July 2025 |
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| Liquidator | The Official Receiver Or Manchester, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
AB Properties Preston Ltd is a UK limited company based in Bury, incorporated in 2021 and 4 years old when the liquidator was appointed. Its registered activity is buying and selling of own real estate (SIC 68100). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 1 of which is still outstanding.
Directors
1 person has been appointed as directors of AB Properties Preston Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mrs Asma Bunglawala
individual person with significant control · British · England
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
SatisfiedCharles Street Commercial Investments Limited
A registered charge · Created 30 Nov 2021 · Satisfied 1 Jun 2024
SatisfiedMatex International LTD
A registered charge · Created 30 Nov 2021 · Satisfied 1 Jun 2024
OutstandingMatex International LTD
A registered charge · Created 30 Nov 2021 · Pending
SatisfiedCharles Street Commercial Investments Limited
A registered charge · Created 30 Nov 2021 · Satisfied 1 Jun 2024
What happened
EventDateType
Registered office address changed7 October 2025AD01 Appointment of a liquidator7 October 2025WU04
Order of court to wind up28 July 2025COCOMP
Compulsory liquidationStatus22 July 2025
Confirmation statement made with no updates16 September 2024CS01 +11 earlier events · 2021 to 2024
Satisfaction of charge in full1 June 2024MR04 Satisfaction of charge in full1 June 2024MR04 Satisfaction of charge in full1 June 2024MR04 Micro company accounts made up30 May 2024AA Confirmation statement made with no updates27 September 2023CS01 Micro company accounts made up26 May 2023AA Confirmation statement made with no updates3 October 2022CS01 Registration of charge , created8 December 2021MR01 Registration of charge , created2 December 2021MR01 Registration of charge , created1 December 2021MR01 Registration of charge , created1 December 2021MR01 Incorporation26 August 2021NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other companies in compulsory liquidation
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The bigger picture
Frequently asked questions
- Is AB Properties Preston Ltd in compulsory liquidation?
- Yes. AB Properties Preston Ltd (company number 13588040) entered compulsory liquidation on 22 July 2025, by order of the court. The Official Receiver Or Manchester of null was appointed as liquidator.
- Who is the liquidator of AB Properties Preston Ltd?
- The Official Receiver Or Manchester, a licensed insolvency practitioner at null, was appointed liquidator of AB Properties Preston Ltd on 22 July 2025. Creditors can contact the liquidator directly to submit a claim.
- What does AB Properties Preston Ltd do?
- AB Properties Preston Ltd's registered nature of business is buying and selling of own real estate (SIC 68100).
- Where is AB Properties Preston Ltd based?
- AB Properties Preston Ltd's registered office is C/O Horsfields Belgrave Place, 8 Manchester Road, Bury, Greater Manchester, BL9 0ED. The registered office is the address held on the public register, which is not always the trading address.
- When was AB Properties Preston Ltd founded?
- AB Properties Preston Ltd was incorporated on 26 August 2021, 4 years before the liquidator was appointed.
- What is AB Properties Preston Ltd's company number?
- AB Properties Preston Ltd's registered company number is 13588040.
- Who has significant control of AB Properties Preston Ltd?
- 1 active person with significant control over AB Properties Preston Ltd is on the register: Mrs Asma Bunglawala.
- Does AB Properties Preston Ltd have any outstanding charges?
- an outstanding charge is registered against AB Properties Preston Ltd out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of AB Properties Preston Ltd?
- 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 AB Properties Preston Ltd'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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