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Ace Global Trading Limited Is Ace Global Trading Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Ace Global Trading Limited (company number 08843797) entered compulsory liquidation on 10 January 2025, by order of the court. Karyn Jones of null was appointed as liquidator.
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Ace Global Trading Limited 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.
How the case progressed
Administration
20 August 2024 · R2 Advisory Limited
Compulsory liquidation
10 January 2025
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 08843797 |
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| Incorporated | 14 January 2014 (12 years old) |
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| Registered office | C/O Parker Andrews Ltd 5th Floor, The Union Building, 51-59 Rose Lane, Norwich, Norfolk, NR1 1BY |
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| Nature of business (SIC) | 82990: Other business support service activities n.e.c. |
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| Date entered compulsory liquidation | 10 January 2025 |
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| Liquidator | Karyn Jones, null (licensed insolvency practitioner) |
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| Statement of Affairs | Filed 25 October 2024, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Ace Global Trading Limited is a UK limited company based in Norwich, incorporated in 2014 and 11 years old when the liquidator was appointed. Its registered activity is other business support service activities n.e.c. (SIC 82990). There have been 4 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 6 charges have been registered against the company, 5 of which are still outstanding.
Directors
4 people have been appointed as directors of Ace Global Trading 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.
Mr Nishin Hitesh Gandesha
individual person with significant control · British · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Mr Nishal Gandesha · ceased 15 Jun 2017
Charges register
Secured creditors and encumbrances against the company. 5 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingAce Beauty Group LTD
A registered charge · Created 21 Jun 2024 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 8 Mar 2024 · Pending
SatisfiedHsbc UK Bank PLC
A registered charge · Created 28 Aug 2019 · Satisfied 10 Mar 2026
OutstandingHsbc UK Bank PLC
A registered charge · Created 12 Mar 2019 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 12 Mar 2019 · Pending
OutstandingHsbc Invoice Finance (UK) Limited
A registered charge · Created 31 Jan 2019 · Pending
What happened
EventDateType
Satisfaction of charge in full10 March 2026MR04 Progress report in a winding up by the court21 January 2026WU07
Appointment of a liquidator5 February 2025WU04
Order of court to wind up5 February 2025COCOMP
Notice of a court order ending Administration24 January 2025AM25
+51 earlier events · 2014 to 2025
Registered office address changed14 January 2025AD01 Compulsory liquidationStatus10 January 2025
Result of meeting of creditors21 November 2024AM07
Statement of affairs25 October 2024AM02 Statement of administrator's proposal9 October 2024AM03 Registered office address changed20 August 2024AD01 Appointment of an administrator20 August 2024AM01 Registration of charge , created26 June 2024MR01 Registration of charge , created12 March 2024MR01 Confirmation statement made with no updates30 January 2024CS01 Previous accounting period shortened21 December 2023AA01 Compulsory strike-off action has been discontinued24 May 2023DISS40 First Gazette notice for compulsory strike-off23 May 2023GAZ1 Full accounts made up17 May 2023AA Confirmation statement made with no updates8 February 2023CS01 Total exemption full accounts made up21 April 2022AA Previous accounting period shortened22 March 2022AA01 Confirmation statement made with no updates28 January 2022CS01 Previous accounting period shortened23 December 2021AA01 Total exemption full accounts made up17 June 2021AA Previous accounting period shortened26 March 2021AA01 Confirmation statement made with no updates26 March 2021CS01 Director's details changed23 February 2021CH01 Total exemption full accounts made up17 June 2020AA Previous accounting period shortened19 March 2020AA01 Confirmation statement made with no updates29 January 2020CS01 Previous accounting period shortened20 December 2019AA01 Registration of charge , created13 September 2019MR01 Registration of charge , created14 March 2019MR01 Registration of charge , created14 March 2019MR01 Registration of charge , created31 January 2019MR01 Total exemption full accounts made up22 January 2019AA Confirmation statement made with updates14 January 2019CS01 Previous accounting period shortened20 December 2018AA01 Appointment as a director11 July 2018AP01 Previous accounting period extended12 June 2018AA01 Confirmation statement made with updates16 January 2018CS01 Accounts for a dormant company made up10 October 2017AA Notification as a person with significant control10 July 2017PSC01 Cessation as a person with significant control10 July 2017PSC07 Termination of appointment as a director4 July 2017TM01 Confirmation statement made with updates24 January 2017CS01 Total exemption small company accounts made up20 October 2016AA Annual return made up with full list of shareholders19 January 2016AR01 Accounts for a dormant company made up17 April 2015AA Annual return made up with full list of shareholders11 February 2015AR01 Director's details changed27 June 2014CH01 Director's details changed27 June 2014CH01 Appointment as a director21 January 2014AP01 Appointment as a director21 January 2014AP01 Termination of appointment as a director20 January 2014TM01 Incorporation14 January 2014NEWINC 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 compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Ace Global Trading Limited in compulsory liquidation?
- Yes. Ace Global Trading Limited (company number 08843797) entered compulsory liquidation on 10 January 2025, by order of the court. Karyn Jones of null was appointed as liquidator.
- Who is the liquidator of Ace Global Trading Limited?
- Karyn Jones, a licensed insolvency practitioner at null, was appointed liquidator of Ace Global Trading Limited on 10 January 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Ace Global Trading Limited do?
- Ace Global Trading Limited's registered nature of business is other business support service activities n.e.c. (SIC 82990).
- Where is Ace Global Trading Limited based?
- Ace Global Trading Limited's registered office is C/O Parker Andrews Ltd 5th Floor, The Union Building, 51-59 Rose Lane, Norwich, Norfolk, NR1 1BY. The registered office is the address held on the public register, which is not always the trading address.
- When was Ace Global Trading Limited founded?
- Ace Global Trading Limited was incorporated on 14 January 2014, 11 years before the liquidator was appointed.
- What is Ace Global Trading Limited's company number?
- Ace Global Trading Limited's registered company number is 08843797.
- Who has significant control of Ace Global Trading Limited?
- 1 active person with significant control over Ace Global Trading Limited is on the register: Mr Nishin Hitesh Gandesha.
- Does Ace Global Trading Limited have any outstanding charges?
- 5 outstanding charges are registered against Ace Global Trading Limited out of 6 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Ace Global Trading 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 Ace Global Trading 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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