HomeCompanies in LiquidationAccelerate Service Group Ltd

Is Accelerate Service Group Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Accelerate Service Group Ltd (company number 12223484) entered creditors' voluntary liquidation on 16 December 2025, by its creditors. Craig Povey of null was appointed as liquidator.

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Accelerate Service Group Ltd 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.

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number12223484
Incorporated24 September 2019 (7 years old)
Registered office1th Floor One Temple Row, Birmingham, B2 5LG
Nature of business (SIC)43210: Electrical installation (Construction)
Date entered creditors' voluntary liquidation16 December 2025
LiquidatorCraig Povey, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Accelerate Service Group Ltd is a construction business based in Birmingham, incorporated in 2019 and 6 years old when the liquidator was appointed. Its registered activity is electrical installation (SIC 43210). There have been 2 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control.

Directors

2 people have been appointed as directors of Accelerate Service Group Ltd.

DirectorStatusResigned
Chelsey TerreyActive
Joseph TerreyActive

Persons with significant control

Individuals or entities with significant influence or control.

1 ceased control
  • Mrs Chelsey Terrey · ceased 1 Jan 2021

What happened

EventDateType
Registered office address changed29 December 2025AD01
Statement of affairs29 December 2025LIQ02
Appointment of a voluntary liquidator29 December 2025600
Resolutions29 December 2025RESOLUTIONS
Creditors' voluntary liquidationStatus16 December 2025
22 earlier events · 2020 to 2025
Total exemption full accounts made up29 June 2025AA
Confirmation statement made with no updates8 November 2024CS01
Total exemption full accounts made up28 June 2024AA
Confirmation statement made with updates15 November 2023CS01
Notification as a person with significant control15 November 2023PSC01
Change of details as a person with significant control15 November 2023PSC04
Change of details for a person with significant control20 September 2023PSC04
Director's details changed19 September 2023CH01
Total exemption full accounts made up29 June 2023AA
Confirmation statement made with no updates14 November 2022CS01
Registered office address changed22 June 2022AD01
Micro company accounts made up21 February 2022AA
Confirmation statement made with updates5 November 2021CS01
Cessation as a person with significant control15 October 2021PSC07
Notification as a person with significant control13 October 2021PSC01
Appointment as a director8 October 2021AP01
Change of details as a person with significant control15 July 2021PSC04
Change of details as a person with significant control13 July 2021PSC04
Micro company accounts made up10 November 2020AA
Confirmation statement made with no updates4 November 2020CS01
Confirmation statement made with no updates28 October 2020CS01
Confirmation statement made with no updates21 October 2020CS01
Incorporation24 September 2019NEWINC

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

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Accelerate Service Group Ltd in creditors' voluntary liquidation?
Yes. Accelerate Service Group Ltd (company number 12223484) entered creditors' voluntary liquidation on 16 December 2025, by its creditors. Craig Povey of null was appointed as liquidator.
Who is the liquidator of Accelerate Service Group Ltd?
Craig Povey, a licensed insolvency practitioner at null, was appointed liquidator of Accelerate Service Group Ltd on 16 December 2025. Creditors can contact the liquidator directly to submit a claim.
What does Accelerate Service Group Ltd do?
Accelerate Service Group Ltd's registered nature of business is electrical installation (SIC 43210). It is classified in the construction sector.
Where is Accelerate Service Group Ltd based?
Accelerate Service Group Ltd's registered office is 1th Floor One Temple Row, Birmingham, B2 5LG. The registered office is the address held on the public register, which is not always the trading address.
When was Accelerate Service Group Ltd founded?
Accelerate Service Group Ltd was incorporated on 24 September 2019, 6 years before the liquidator was appointed.
What is Accelerate Service Group Ltd's company number?
Accelerate Service Group Ltd's registered company number is 12223484.
Who has significant control of Accelerate Service Group Ltd?
2 active people with significant control over Accelerate Service Group Ltd are on the register: Mrs Chelsey Sarah Terrey, Mr Joseph Terrey.
What does liquidation mean for creditors of Accelerate Service Group 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 Accelerate Service Group 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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