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Is Benchmark Properties Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Benchmark Properties Limited (company number 03696206) entered compulsory liquidation on 7 May 2025, by order of the court. The Official Receiver Or Ipswich of null was appointed as liquidator.

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Benchmark Properties 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.

Company at a glance

StatusIn Compulsory Liquidation
Company number03696206
Previously known as
  • Benchmark (Northern) Limited, May 1999 to Jul 1999
  • Hamsard 2024 Limited, Jan 1999 to May 1999
Incorporated15 January 1999 (27 years old)
Registered office11a 11a Ironmonger Street,, Stamford, Lincolnshire, PE9 1PL
Nature of business (SIC)41100: Development of building projects (Construction)
Date entered compulsory liquidation7 May 2025
LiquidatorThe Official Receiver Or Ipswich, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Benchmark Properties Limited is a construction business based in Stamford, incorporated in 1999 and 26 years old when the liquidator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 12 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 65 charges have been registered against the company, 4 of which are still outstanding.

Directors

12 people have been appointed as directors of Benchmark Properties Limited.

DirectorStatusResigned
Roland John Bernard Duce+ 2 othersActive—
Alexander John DuceActive—
Colin Andrew Gray+ 1 otherResigned30 Jul 2021
Brian Dryden Foord+ 1 otherResigned22 Apr 2020
Jonathan Dryden Foord+ 1 otherResigned22 Apr 2020
Pamela Clarke+ 1 otherResigned23 Mar 2012
6 former directors · resigned 1999 to 2010
David Rhodes+ 1 otherResigned18 Jun 2010
Janet Mary Rhodes+ 1 otherResigned18 Jun 2010
Gerald Stephen Stapleton+ 1 otherResigned24 Apr 2009
Janet Mary Rhodes+ 1 otherResigned14 Jul 2003
Hammond Suddards Secretaries Limited+ 2 othersResigned22 Jan 1999
Hammond Suddards Secretaries Limited+ 2 othersResigned22 Jan 1999

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.

1 ceased control
  • Abbey Commercial Investments Limited · ceased 14 Apr 2023

Charges register

Secured creditors and encumbrances against the company. 4 outstanding · 61 satisfied.

Status · Creditor · Type · Dates
OutstandingLloyds Bank PLC (As Security Agent)
A registered charge · Created 28 Feb 2019 · Pending
SatisfiedLloyds Tsb Bank PLC
Deed of admission to an omnibus guarantee and set-off agreement dated 02 july 2002 and · Created 25 Jan 2012 · Satisfied 27 Aug 2021
SatisfiedLloyds Tsb Bank PLC
Mortgage deed · Created 18 Nov 2011 · Satisfied 15 Mar 2019
SatisfiedAbbey Commercial Investments Limited
Legal charge · Created 18 Jun 2010 · Satisfied 28 Jun 2017
SatisfiedAbbey Commercial Investments Limited
Legal charge · Created 18 Jun 2010 · Satisfied 28 Jun 2017
59 earlier charges · 1999 to 2010
SatisfiedAbbey Commercial Investments Limited
Legal charge · Created 18 Jun 2010 · Satisfied 28 Jun 2017
OutstandingAbbey Commercial Investments Limited
Debenture · Created 18 Jun 2010 · Pending
OutstandingAbbey Commercial Investments Limited
Legal charge · Created 18 Jun 2010 · Pending
OutstandingLloyds Tsb Bank PLC
Deed of admission to an omnibus guarantee and set-off agreement · Created 18 Jun 2010 · Pending
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 18 Jun 2010 · Satisfied 15 Mar 2019
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 18 Jun 2010 · Satisfied 15 Mar 2019
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 18 Jun 2010 · Satisfied 17 Apr 2014
SatisfiedLloyds Tsb Bank PLC
Mortgage · Created 18 Jun 2010 · Satisfied 17 Apr 2014
SatisfiedLloyds Tsb Bank PLC
Debenture · Created 18 Jun 2010 · Satisfied 25 Apr 2019
SatisfiedRoyal Bank of Scotland PLC
Legal charge · Created 9 May 2008 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Mortgage · Created 11 Nov 2005 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 11 Nov 2005 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 11 Nov 2005 · Satisfied 8 Feb 2011
SatisfiedUnilever Ice Cream and Frozen Food Limited
Legal charge · Created 11 Mar 2005 · Satisfied 19 Oct 2006
SatisfiedThe Royal Bank of Scotland PLC
Charge and assignment by way of security over the beneficial interest in an agreement · Created 18 Mar 2004 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 18 Mar 2004 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 18 Mar 2004 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 1 Jul 2003 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 6 Jun 2003 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 6 Jun 2003 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 6 Jun 2003 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Charge and assignment by way of security over the benficial interest of agreement(s) · Created 6 Jun 2003 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 13 Mar 2003 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Charge and assignment by way of security · Created 19 Feb 2003 · Satisfied 21 Sep 2004
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 13 Nov 2002 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 13 Nov 2002 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 20 Aug 2002 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Charge and assignment by way of security · Created 15 Jul 2002 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Charge and assignment by way of security · Created 10 Jul 2002 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 19 Jun 2002 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 19 Jun 2002 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 9 May 2002 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 8 Mar 2002 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Charge of agreement for lease · Created 8 Mar 2002 · Satisfied 21 Sep 2004
SatisfiedThe General Ractice Finance Corporation Limited
Deed of assignment · Created 25 Feb 2002 · Satisfied 17 Apr 2014
SatisfiedGeneral Practice Finance Corporation Limited
Deed of assignment · Created 24 Jan 2002 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 24 Jan 2002 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 21 Dec 2001 · Satisfied 28 Jun 2017
SatisfiedThe General Practice Finance Corporation Limited
Deed of assigment · Created 21 Nov 2001 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 7 Nov 2001 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 20 Sep 2001 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 11 Jun 2001 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 20 Apr 2001 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of assignment · Created 27 Mar 2001 · Satisfied 17 Apr 2014
SatisfiedThe General Paractice Finance Corporation Limited as Trustee for Itself and the Other Lendersfrom Time to Time
Supplemental deed · Created 27 Mar 2001 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited, as Trustee for Itself Andany Other Lender
Supplemental deed · Created 22 Dec 2000 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited
Supplemental deed · Created 17 Nov 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Supplemental deed · Created 13 Oct 2000 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited
Supplemental deed · Created 2 Oct 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limitedas Trustee for Itself and Any Other Lender or Any Lender or Any Lender Supplemental to the Legal Charge Dated 20TH December 1999 Made Between the Company and the Chargee
Supplemental deed · Created 17 Jul 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limitedas Trustee for Itself and Any Other Lender or Any Lender or Any Lender Supplemental to the Legal Charge Dated 20TH December 1999 Madebetween the Company and the Chargee
Supplemental deed · Created 12 Jun 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Supplemental deed · Created 31 May 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited as Trustee for Itself and Any Other Lender Orany Lender
Supplemental deed · Created 12 May 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Assignment by way of charge · Created 18 Apr 2000 · Satisfied 21 Sep 2004
SatisfiedThe Royal Bank of Scotland PLC
Debenture · Created 19 Jan 2000 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limitedas Trustee for Itself and Any Other Lender or Any Lender or Any Lender Supplemental to the Legal Charge Dated 20TH December 1999 Madebetween the Company and the Chargee
Supplemental deed · Created 17 Jan 2000 · Satisfied 17 Apr 2014
SatisfiedThe General Practice Finance Corporation Limited
Deed of legal charge · Created 20 Dec 1999 · Satisfied 8 Feb 2011
SatisfiedThe Royal Bank of Scotland PLC
Legal charge of agreement for lease · Created 30 Nov 1999 · Satisfied 17 Apr 2014
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 30 Nov 1999 · Satisfied 8 Feb 2011
SatisfiedThe General Practice Finance Corporation Limited
Deed of legal charge · Created 18 Jun 1999 · Satisfied 21 Sep 2004

What happened

EventDateType
Notice to Registrar of Companies of Notice of disclaimer11 November 2025NDISC
Order of court to wind up16 May 2025COCOMP
Compulsory liquidationStatus7 May 2025
Total exemption full accounts made up23 October 2024AA
Confirmation statement made with no updates13 May 2024CS01
223 earlier events · 1999 to 2024
Registered office address changed13 May 2024AD01
Notification as a person with significant control16 November 2023PSC02
Cessation as a person with significant control30 October 2023PSC07
Confirmation statement made with updates30 October 2023CS01
Total exemption full accounts made up27 July 2023AA
Confirmation statement made with no updates26 January 2023CS01
Director's details changed26 January 2023CH01
Total exemption full accounts made up30 June 2022AA
Confirmation statement made with no updates21 January 2022CS01
Termination of appointment as a director30 September 2021TM01
Satisfaction of charge in full27 August 2021MR04
Accounts for a small company made up30 June 2021AA
Confirmation statement made with no updates8 February 2021CS01
Accounts for a small company made up28 September 2020AA
Appointment as a director22 July 2020AP01
Termination of appointment as a director1 June 2020TM01
Termination of appointment as a director1 June 2020TM01
Confirmation statement made with no updates17 January 2020CS01
Accounts for a small company made up14 June 2019AA
Satisfaction of charge in full25 April 2019MR04
Satisfaction of charge in full15 March 2019MR04
Satisfaction of charge in full15 March 2019MR04
Satisfaction of charge in full15 March 2019MR04
Registration of charge , created6 March 2019MR01
Confirmation statement made with no updates28 January 2019CS01
Accounts for a small company made up6 April 2018AA
Confirmation statement made with no updates19 January 2018CS01
Satisfaction of charge in full28 June 2017MR04
Satisfaction of charge in full28 June 2017MR04
Satisfaction of charge in full28 June 2017MR04
Satisfaction of charge in full28 June 2017MR04
Accounts for a small company made up7 April 2017AA
Confirmation statement made with updates9 February 2017CS01
Accounts for a small company made up12 April 2016AA
Annual return made up with full list of shareholders26 January 2016AR01
Full accounts made up15 June 2015AA
Annual return made up with full list of shareholders29 January 2015AR01
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Satisfaction of charge in full17 April 2014MR04
Full accounts made up7 April 2014AA
Annual return made up with full list of shareholders22 January 2014AR01
Full accounts made up17 May 2013AA
Change of accounting reference date13 May 2013AA01
Annual return made up with full list of shareholders28 March 2013AR01
Appointment as a director22 January 2013AP01
Termination of appointment as a secretary30 March 2012TM02
Annual return made up with full list of shareholders7 February 2012AR01
Legacy31 January 2012MG01
Full accounts made up4 January 2012AA
Legacy25 November 2011MG01
Annual return made up with full list of shareholders16 February 2011AR01
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Legacy9 February 2011MG02
Current accounting period extended8 February 2011AA01
Appointment as a director28 January 2011AP01
Accounts for a small company made up27 October 2010AA
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Legacy12 July 2010MG04
Auditor's resignation8 July 2010AUD
Legacy8 July 2010MG01
Legacy8 July 2010MG01
Legacy8 July 2010MG01
Legacy8 July 2010MG01
Legacy2 July 2010MG01
Resolutions29 June 2010RESOLUTIONS
Legacy29 June 2010MG01
Appointment as a director28 June 2010AP01
Appointment as a director28 June 2010AP01
Termination of appointment as a director28 June 2010TM01
Termination of appointment as a director28 June 2010TM01
Registered office address changed28 June 2010AD01
Legacy25 June 2010MG01
Legacy25 June 2010MG01
Legacy25 June 2010MG01
Legacy25 June 2010MG01
Legacy25 June 2010MG01
Legacy25 June 2010MG01
Annual return made up with full list of shareholders30 January 2010AR01
Accounts for a small company made up27 November 2009AA
Legacy7 May 2009288b
Legacy18 February 2009363a
Legacy19 December 2008288a
Accounts for a small company made up27 November 2008AA
Legacy16 May 2008395
Legacy15 February 2008363a
Accounts for a small company made up29 November 2007AA
Legacy19 January 2007363a
Accounts for a small company made up6 December 2006AA
Legacy19 October 2006403a
Legacy25 January 2006363a
Accounts for a small company made up7 December 2005AA
Legacy19 November 2005395
Legacy19 November 2005395
Legacy12 November 2005395
Legacy31 March 2005395
Legacy18 February 2005363s
Accounts for a small company made up2 December 2004AA
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy21 September 2004403a
Legacy30 March 2004395
Legacy30 March 2004395
Legacy30 March 2004395
Legacy24 January 2004363s
Accounts for a small company made up2 December 2003AA
Legacy21 July 2003288a
Legacy4 July 2003395
Legacy11 June 2003395
Legacy11 June 2003395
Legacy11 June 2003395
Legacy11 June 2003395
Legacy14 March 2003395
Legacy22 February 2003395
Legacy22 January 2003363s
Accounts for a small company made up13 December 2002AA
Legacy15 November 2002395
Legacy15 November 2002395
Legacy23 August 2002395
Legacy17 July 2002395
Legacy17 July 2002395
Legacy29 June 2002395
Legacy29 June 2002395
Legacy11 May 2002395
Legacy19 March 2002395
Legacy19 March 2002395
Legacy28 February 2002395
Legacy20 February 2002287
Legacy25 January 2002395
Legacy25 January 2002395
Legacy21 January 2002363s
Legacy22 December 2001395
Amended accounts made up27 November 2001AAMD
Legacy22 November 2001395
Legacy9 November 2001395
Legacy31 October 2001403b
Legacy31 October 2001403b
Legacy5 October 2001395
Legacy24 September 2001288c
Legacy24 September 2001288c
Total exemption full accounts made up18 September 2001AA
Legacy14 June 2001395
Legacy5 May 2001395
Legacy31 March 2001395
Legacy31 March 2001395
Legacy28 January 2001363s
Legacy29 December 2000395
Legacy23 November 2000395
Legacy20 October 2000395
Accounts for a small company made up16 October 2000AA
Legacy6 October 2000395
Legacy21 July 2000395
Legacy17 June 2000395
Legacy6 June 2000395
Legacy18 May 2000395
Legacy19 April 2000395
Legacy8 March 2000363s
Legacy26 January 2000395
Legacy21 January 2000395
Legacy30 December 1999395
Legacy14 December 1999395
Legacy14 December 1999395
Legacy3 September 199988(2)R
Certificate of change of name20 July 1999CERTNM
Legacy30 June 1999395
Certificate of change of name26 May 1999CERTNM
Legacy19 February 1999288a
Legacy19 February 1999288a
Legacy19 February 1999288b
Legacy19 February 1999288b
Resolutions27 January 1999RESOLUTIONS
Resolutions27 January 1999RESOLUTIONS
Resolutions27 January 1999RESOLUTIONS
Legacy27 January 1999287
Legacy27 January 1999123
Incorporation15 January 1999NEWINC

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 construction companies in compulsory liquidation

All UK companies in compulsory liquidation →

Related guides

What is a validation order? →The order debts are paid →Warning signs in your other customers →What the filings mean →

The bigger picture

The state of UK insolvency →

Frequently asked questions

Is Benchmark Properties Limited in compulsory liquidation?
Yes. Benchmark Properties Limited (company number 03696206) entered compulsory liquidation on 7 May 2025, by order of the court. The Official Receiver Or Ipswich of null was appointed as liquidator.
Who is the liquidator of Benchmark Properties Limited?
The Official Receiver Or Ipswich, a licensed insolvency practitioner at null, was appointed liquidator of Benchmark Properties Limited on 7 May 2025. Creditors can contact the liquidator directly to submit a claim.
What does Benchmark Properties Limited do?
Benchmark Properties Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
Where is Benchmark Properties Limited based?
Benchmark Properties Limited's registered office is 11a 11a Ironmonger Street,, Stamford, Lincolnshire, PE9 1PL. The registered office is the address held on the public register, which is not always the trading address.
When was Benchmark Properties Limited founded?
Benchmark Properties Limited was incorporated on 15 January 1999, 26 years before the liquidator was appointed.
What is Benchmark Properties Limited's company number?
Benchmark Properties Limited's registered company number is 03696206.
Who has significant control of Benchmark Properties Limited?
1 active person with significant control over Benchmark Properties Limited is on the register: Strategic Resources Limited.
Does Benchmark Properties Limited have any outstanding charges?
4 outstanding charges are registered against Benchmark Properties Limited out of 65 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Benchmark Properties 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 Benchmark Properties 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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