HomeCompanies in LiquidationAdiwell Limited

Is Adiwell Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Adiwell Limited (company number 05167787) entered compulsory liquidation on 18 August 2017, by order of the court. Kerry Bailey of null was appointed as liquidator.

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Adiwell 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

  1. Administration
    14 September 2015
  2. Compulsory liquidation
    18 August 2017

Company at a glance

StatusIn Compulsory Liquidation
Company number05167787
Incorporated1 July 2004 (22 years old)
Registered officeC/O Bdo Llp Temple Square, Temple Street, Liverpool, L2 5RH
Nature of business (SIC)68100: Buying and selling of own real estate
Date entered compulsory liquidation18 August 2017
LiquidatorKerry Bailey, null (licensed insolvency practitioner)
Statement of AffairsFiled 18 November 2015, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Adiwell Limited is a UK limited company based in Liverpool, incorporated in 2004 and 13 years old when the liquidator was appointed. Its registered activity is buying and selling of own real estate (SIC 68100). There have been 6 director appointments since incorporation, of which 4 were on the board when the liquidator was appointed. 42 charges have been registered against the company, 26 of which are still outstanding.

Directors

6 people have been appointed as directors of Adiwell Limited.

DirectorStatusResigned
Peter Salim David Khalastchi+ 2 othersActive
Anthony Menashi Khalastchi+ 2 othersActive
Frank KhalastchiActive
Ashok Kumar TannaResigned13 Feb 2018
Waterlow Secretaries Limited+ 766 othersResigned6 Jul 2004
Waterlow Nominees Limited+ 745 othersResigned6 Jul 2004

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 26 outstanding · 16 satisfied.

Status · Creditor · Type · Dates
OutstandingHsbc Bank PLC
Legal mortgage · Created 27 Nov 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 26 Nov 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 16 Nov 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 5 Nov 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 28 Sep 2007 · Pending
36 earlier charges · 2004 to 2007
OutstandingHsbc Bank PLC
Legal mortgage · Created 28 Sep 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 25 Sep 2007 · Pending
SatisfiedLloyds Tsb Bank PLC
Mortgage deed · Created 25 Jun 2007 · Satisfied 1 Apr 2014
OutstandingWest Bromwich Commercial Limited
Floating charge · Created 1 Feb 2007 · Pending
OutstandingWest Bromwich Commercial Limited
Rent assignment · Created 1 Feb 2007 · Pending
OutstandingWest Bromwich Commercial Limited
Legal charge · Created 1 Feb 2007 · Pending
OutstandingWest Bromwich Commercial Limited (Wbcl)
Rent assignment · Created 12 Jan 2007 · Pending
OutstandingWest Bromwich Commercial Limited (Wbcl)
Floating charge · Created 12 Jan 2007 · Pending
OutstandingWest Bromwich Commercial Limited (Wbcl)
Legal charge · Created 12 Jan 2007 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 17 Oct 2006 · Pending
SatisfiedHsbc Bank PLC
Legal mortgage · Created 17 Oct 2006 · Satisfied 1 Apr 2014
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 28 Sep 2006 · Satisfied 9 Sep 2015
OutstandingWest Bromwich Commercial Limited
Rent assignment · Created 14 Aug 2006 · Pending
OutstandingWest Bromwich Commercial Limited
Legal charge · Created 14 Aug 2006 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 1 Aug 2006 · Pending
OutstandingWest Bromwich Commercial Limited
Floating charge · Created 30 Jan 2006 · Pending
OutstandingWest Bromwich Commercial Limited
Rent assignment · Created 30 Jan 2006 · Pending
SatisfiedWest Bromwich Commercial Limited
Legal charge · Created 30 Jan 2006 · Satisfied 1 Apr 2014
OutstandingHsbc Bank PLC
Legal mortgage · Created 9 Jan 2006 · Pending
OutstandingWest Bromwich Commercial Limited
Rent assignment · Created 23 Jun 2005 · Pending
SatisfiedWest Bromwich Commercial Limited
Legal charge · Created 23 Jun 2005 · Satisfied 1 Apr 2014
OutstandingWest Bromwich Commercial Limited
Floating charge · Created 23 Jun 2005 · Pending
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 21 Mar 2005 · Satisfied 1 Apr 2014
OutstandingWest Bromwich Building Society
Deed of assignment of rental income · Created 14 Dec 2004 · Pending
OutstandingWest Bromwich Building Society
Floating charge · Created 14 Dec 2004 · Pending
SatisfiedWest Bromwich Building Society
Commercial mortgage deed · Created 14 Dec 2004 · Satisfied 1 Apr 2014
SatisfiedWest Bromwich Building Society
Commercial mortgage deed · Created 1 Dec 2004 · Satisfied 1 Apr 2014
OutstandingWest Bromwich Building Society
Floating charge · Created 1 Dec 2004 · Pending
OutstandingWest Bromwich Building Society
Deed of assignment of rental income · Created 1 Dec 2004 · Pending
SatisfiedThe Co-Operative Bank PLC
Assignment of rental income · Created 3 Nov 2004 · Satisfied 9 Sep 2015
SatisfiedThe Co-Operative Bank PLC
Deed of legal charge · Created 3 Nov 2004 · Satisfied 9 Sep 2015
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 6 Oct 2004 · Satisfied 1 Apr 2014
SatisfiedThe Co-Operative Bank PLC
Assignment of rental income · Created 6 Sep 2004 · Satisfied 9 Sep 2015
SatisfiedThe Co-Operative Bank PLC
Legal charge · Created 6 Sep 2004 · Satisfied 1 Apr 2014
SatisfiedThe Co-Operative Bank PLC
Assignment of rental income · Created 3 Sep 2004 · Satisfied 19 Nov 2004
SatisfiedThe Co-Operative Bank PLC
Floating charge · Created 3 Sep 2004 · Satisfied 19 Nov 2004
SatisfiedThe Co-Operative Bank PLC
Legal charge · Created 3 Sep 2004 · Satisfied 19 Nov 2004

What happened

EventDateType
Progress report in a winding up by the court30 September 2025WU07
Progress report in a winding up by the court30 September 2024WU07
Progress report in a winding up by the court21 September 2023WU07
Appointment of a liquidator18 December 2022WU04
Notice of removal of liquidator by court2 December 2022WU14
116 earlier events · 2004 to 2022
Progress report in a winding up by the court10 October 2022WU07
Registered office address changed28 October 2021AD01
Progress report in a winding up by the court19 October 2021WU07
Progress report in a winding up by the court20 October 2020WU07
Progress report in a winding up by the court22 October 2019WU07
Progress report in a winding up by the court18 October 2018WU07
Termination of appointment as a secretary8 March 2018TM02
Order of court to wind up16 October 2017COCOMP
Appointment of a liquidator16 October 2017WU04
Order of court to wind up16 October 2017COCOMP
Compulsory liquidationStatus18 August 2017
Administrator's progress report31 March 20172.24B
Notice of extension of period of Administration25 September 20162.31B
Administrator's progress report20 June 20162.24B
Registered office address changed22 December 2015AD01
Notice of deemed approval of proposals8 December 2015F2.18
Registered office address changed23 November 2015AD01
Statement of affairs18 November 20152.16B
Statement of administrator's proposal11 November 20152.17B
Registered office address changed29 September 2015AD01
Appointment of an administrator22 September 20152.12B
AdministrationStatus14 September 2015
Satisfaction of charge in full9 September 2015MR04
Satisfaction of charge in full9 September 2015MR04
Satisfaction of charge in full9 September 2015MR04
Satisfaction of charge in full9 September 2015MR04
Director's details changed28 July 2015CH01
Secretary's details changed24 July 2015CH03
Director's details changed24 July 2015CH01
Annual return made up with full list of shareholders2 July 2015AR01
Director's details changed24 June 2015CH01
Full accounts made up15 January 2015AA
Director's details changed15 September 2014CH01
Annual return made up with full list of shareholders16 July 2014AR01
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Satisfaction of charge in full1 April 2014MR04
Full accounts made up9 January 2014AA
Annual return made up with full list of shareholders10 July 2013AR01
Full accounts made up24 December 2012AA
Annual return made up with full list of shareholders3 July 2012AR01
Full accounts made up17 November 2011AA
Annual return made up with full list of shareholders7 July 2011AR01
Full accounts made up8 November 2010AA
Annual return made up with full list of shareholders19 July 2010AR01
Full accounts made up24 October 2009AA
Legacy27 July 2009363a
Legacy16 March 2009288c
Legacy21 November 2008288c
Legacy20 November 2008287
Full accounts made up2 October 2008AA
Legacy28 August 2008363a
Legacy6 March 2008363a
Legacy1 December 2007395
Legacy28 November 2007395
Legacy21 November 2007395
Full accounts made up21 November 2007AA
Legacy6 November 2007395
Legacy29 September 2007395
Legacy29 September 2007395
Legacy27 September 2007395
Legacy29 June 2007395
Legacy6 February 2007395
Legacy6 February 2007395
Legacy6 February 2007395
Legacy16 January 2007395
Legacy16 January 2007395
Legacy16 January 2007395
Full accounts made up7 January 2007AA
Legacy19 October 2006395
Legacy19 October 2006395
Legacy30 September 2006395
Legacy17 August 2006395
Legacy17 August 2006395
Legacy11 August 2006395
Legacy20 July 2006363s
Legacy16 February 2006395
Legacy10 February 2006395
Legacy10 February 2006395
Legacy11 January 2006395
Full accounts made up17 November 2005AA
Legacy27 July 2005363s
Legacy8 July 2005395
Legacy8 July 2005395
Legacy8 July 2005395
Legacy23 March 2005395
Legacy23 December 2004395
Legacy23 December 2004395
Legacy23 December 2004395
Legacy9 December 2004395
Legacy9 December 2004395
Legacy9 December 2004395
Legacy19 November 2004403a
Legacy19 November 2004403a
Legacy18 November 2004395
Legacy18 November 2004395
Legacy12 October 2004395
Legacy24 September 2004395
Legacy24 September 2004395
Legacy8 September 2004395
Legacy8 September 2004395
Legacy7 September 2004395
Legacy6 August 2004225
Legacy29 July 2004288a
Legacy15 July 2004288a
Legacy15 July 2004288a
Legacy15 July 2004288a
Legacy15 July 2004287
Legacy15 July 2004288b
Legacy15 July 2004288b
Incorporation1 July 2004NEWINC

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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Other companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Adiwell Limited in compulsory liquidation?
Yes. Adiwell Limited (company number 05167787) entered compulsory liquidation on 18 August 2017, by order of the court. Kerry Bailey of null was appointed as liquidator.
Who is the liquidator of Adiwell Limited?
Kerry Bailey, a licensed insolvency practitioner at null, was appointed liquidator of Adiwell Limited on 18 August 2017. Creditors can contact the liquidator directly to submit a claim.
What does Adiwell Limited do?
Adiwell Limited's registered nature of business is buying and selling of own real estate (SIC 68100).
Where is Adiwell Limited based?
Adiwell Limited's registered office is C/O Bdo Llp Temple Square, Temple Street, Liverpool, L2 5RH. The registered office is the address held on the public register, which is not always the trading address.
When was Adiwell Limited founded?
Adiwell Limited was incorporated on 1 July 2004, 13 years before the liquidator was appointed.
What is Adiwell Limited's company number?
Adiwell Limited's registered company number is 05167787.
Does Adiwell Limited have any outstanding charges?
26 outstanding charges are registered against Adiwell Limited out of 42 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Adiwell 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 Adiwell 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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