HomeCompanies in LiquidationAltala Financial Ltd

Is Altala Financial Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Altala Financial Ltd (company number 06588856) entered creditors' voluntary liquidation on 3 August 2010, by its creditors. Freddy Khalastchi of null was appointed as liquidator.

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Altala Financial 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.

How the case progressed

  1. Administration
    13 January 2010
  2. Creditors' voluntary liquidation
    3 August 2010

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number06588856
Previously known as
  • Altala Clearing Limited, May 2008 to May 2008
Incorporated9 May 2008 (18 years old)
Registered officeMenzies Llp 4th Floor 95 Gresham Street, London, EC2V 7AB
Date entered creditors' voluntary liquidation3 August 2010
LiquidatorFreddy Khalastchi, null (licensed insolvency practitioner)
Statement of AffairsFiled 9 July 2010, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Altala Financial Ltd is a UK limited company based in London, incorporated in 2008 and 2 years old when the liquidator was appointed. There have been 7 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed.

Directors

7 people have been appointed as directors of Altala Financial Ltd.

DirectorStatusResigned
Fiona Elizabeth Driscoll+ 5 othersActive
Ian Peter Milligan+ 3 othersActive
Mark Allan Robins+ 5 othersResigned19 Nov 2008
Mark Allan Robins+ 5 othersResigned19 Nov 2008
Colin John Howe+ 1 otherResigned17 Jun 2008
H H Company Secretarial Limited+ 1 otherResigned19 May 2008
Waterlow Nominees LimitedResigned9 May 2008

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

What happened

EventDateType
Liquidators' statement of receipts and payments19 August 2025LIQ03
Registered office address changed4 March 2025AD01
Liquidators' statement of receipts and payments23 August 2024LIQ03
Liquidators' statement of receipts and payments23 September 2023LIQ03
Liquidators' statement of receipts and payments18 August 2022LIQ03
49 earlier events · 2008 to 2021
Liquidators' statement of receipts and payments16 September 2021LIQ03
Liquidators' statement of receipts and payments23 September 2020LIQ03
Liquidators' statement of receipts and payments4 September 2019LIQ03
Appointment of a voluntary liquidator17 January 2019600
Removal of liquidator by court order17 January 2019LIQ10
Liquidators' statement of receipts and payments26 September 2018LIQ03
Liquidators' statement of receipts and payments29 August 2017LIQ03
Liquidators' statement of receipts and payments14 February 20174.68
Liquidators' statement of receipts and payments31 August 20164.68
Liquidators' statement of receipts and payments17 August 20164.68
Liquidators' statement of receipts and payments8 March 20164.68
Registered office address changed11 November 2015AD01
Liquidators' statement of receipts and payments8 October 20154.68
Liquidators' statement of receipts and payments20 August 20154.68
Liquidators' statement of receipts and payments24 February 20154.68
Liquidators' statement of receipts and payments9 October 20144.68
Liquidators' statement of receipts and payments2 September 20144.68
Liquidators' statement of receipts and payments25 February 20144.68
Liquidators' statement of receipts and payments3 October 20134.68
Liquidators' statement of receipts and payments16 August 20134.68
Liquidators' statement of receipts and payments13 February 20134.68
Liquidators' statement of receipts and payments10 August 20124.68
Liquidators' statement of receipts and payments15 February 20124.68
Liquidators' statement of receipts and payments3 October 20114.68
Registered office address changed4 November 2010AD01
Appointment of a voluntary liquidator1 November 2010600
Certificate of removal of voluntary liquidator12 October 20104.38
Administrator's progress report16 August 20102.24B
Notice of move from Administration case to Creditors Voluntary Liquidation3 August 20102.34B
Administrator's progress report3 August 20102.24B
Statement of affairs9 July 20102.16B
Result of meeting of creditors11 March 20102.23B
Statement of administrator's proposal6 February 20102.17B
Appointment of an administrator22 January 20102.12B
Registered office address changed22 January 2010AD01
AdministrationStatus13 January 2010
Legacy12 June 2009363a
Legacy12 June 2009288b
Legacy22 December 2008288b
Legacy5 August 2008288a
Legacy29 July 2008288a
Legacy9 July 2008288a
Legacy19 June 2008288b
Memorandum and Articles of Association22 May 2008MEM/ARTS
Certificate of change of name21 May 2008CERTNM
Legacy19 May 2008288a
Legacy19 May 2008288a
Legacy19 May 2008288b
Legacy19 May 2008288b
Incorporation9 May 2008NEWINC

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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Other companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary 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 Altala Financial Ltd in creditors' voluntary liquidation?
Yes. Altala Financial Ltd (company number 06588856) entered creditors' voluntary liquidation on 3 August 2010, by its creditors. Freddy Khalastchi of null was appointed as liquidator.
Who is the liquidator of Altala Financial Ltd?
Freddy Khalastchi, a licensed insolvency practitioner at null, was appointed liquidator of Altala Financial Ltd on 3 August 2010. Creditors can contact the liquidator directly to submit a claim.
Where is Altala Financial Ltd based?
Altala Financial Ltd's registered office is Menzies Llp 4th Floor 95 Gresham Street, London, EC2V 7AB. The registered office is the address held on the public register, which is not always the trading address.
When was Altala Financial Ltd founded?
Altala Financial Ltd was incorporated on 9 May 2008, 2 years before the liquidator was appointed.
What is Altala Financial Ltd's company number?
Altala Financial Ltd's registered company number is 06588856.
What does liquidation mean for creditors of Altala Financial 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 Altala Financial 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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