HomeCompanies in LiquidationBest Price Goods Ltd

Is Best Price Goods Ltd in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Best Price Goods Ltd (company number SC618416) entered compulsory liquidation on 4 December 2025, by order of the court. Steven Wiseglass of null was appointed as liquidator.

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Best Price Goods Ltd 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 numberSC618416
Incorporated17 January 2019 (7 years old)
Registered officeMclenan Corporate, 1 Union Street, Saltcoats, KA21 5LL
Nature of business (SIC)46190: Agents involved in the sale of a variety of goods (Retail)
Date entered compulsory liquidation4 December 2025
LiquidatorSteven Wiseglass, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Best Price Goods Ltd is a retail business based in Saltcoats, incorporated in 2019 and 6 years old when the liquidator was appointed. Its registered activity is agents involved in the sale of a variety of goods (SIC 46190). There have been 5 director appointments since incorporation.

Directors

5 people have been appointed as directors of Best Price Goods Ltd.

DirectorStatusResigned
Irfan SarwarResigned1 Nov 2025
Mohamad UsmanResigned1 Sep 2022
Mahinder SinghResigned10 Nov 2021
Mohammed HussainResigned1 Jun 2021
Tariq Salim DinResigned14 Jan 2020

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

What happened

EventDateType
Registered office address changed12 December 2025AD01
Court order in a winding-up (& Court Order attachment)12 December 2025WU01(Scot)
Cessation as a person with significant control5 December 2025PSC07
Termination of appointment as a director5 December 2025TM01
Compulsory liquidationStatus4 December 2025
37 earlier events · 2020 to 2025
Total exemption full accounts made up19 April 2025AA
Confirmation statement made with no updates5 February 2025CS01
Total exemption full accounts made up19 November 2024AA
Registered office address changed25 October 2024AD01
Compulsory strike-off action has been discontinued11 June 2024DISS40
Confirmation statement made with no updates9 June 2024CS01
First Gazette notice for compulsory strike-off30 April 2024GAZ1
Total exemption full accounts made up28 November 2023AA
Registered office address changed26 September 2023AD01
Termination of appointment as a director31 March 2023TM01
Cessation as a person with significant control31 March 2023PSC07
Notification as a person with significant control31 March 2023PSC01
Confirmation statement made with updates10 March 2023CS01
Appointment as a director27 February 2023AP01
Registered office address changed27 February 2023AD01
Termination of appointment as a director4 January 2023TM01
Total exemption full accounts made up4 May 2022AA
Compulsory strike-off action has been discontinued26 April 2022DISS40
Notification as a person with significant control25 April 2022PSC01
Confirmation statement made with no updates25 April 2022CS01
First Gazette notice for compulsory strike-off5 April 2022GAZ1
Total exemption full accounts made up29 November 2021AA
Registered office address changed26 November 2021AD01
Appointment as a director26 November 2021AP01
Cessation as a person with significant control13 October 2021PSC07
Termination of appointment as a director13 October 2021TM01
Appointment as a director4 May 2021AP01
Confirmation statement made with updates20 March 2021CS01
Registered office address changed16 October 2020AD01
Notification as a person with significant control27 September 2020PSC01
Termination of appointment as a director27 September 2020TM01
Cessation as a person with significant control27 September 2020PSC07
Appointment as a director27 September 2020AP01
Total exemption full accounts made up19 May 2020AA
Compulsory strike-off action has been discontinued8 May 2020DISS40
Confirmation statement made with no updates7 May 2020CS01
First Gazette notice for compulsory strike-off7 April 2020GAZ1
Incorporation17 January 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

Don't be the last to know next time

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Other retail 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 Best Price Goods Ltd in compulsory liquidation?
Yes. Best Price Goods Ltd (company number SC618416) entered compulsory liquidation on 4 December 2025, by order of the court. Steven Wiseglass of null was appointed as liquidator.
Who is the liquidator of Best Price Goods Ltd?
Steven Wiseglass, a licensed insolvency practitioner at null, was appointed liquidator of Best Price Goods Ltd on 4 December 2025. Creditors can contact the liquidator directly to submit a claim.
What does Best Price Goods Ltd do?
Best Price Goods Ltd's registered nature of business is agents involved in the sale of a variety of goods (SIC 46190). It is classified in the retail sector.
Where is Best Price Goods Ltd based?
Best Price Goods Ltd's registered office is Mclenan Corporate, 1 Union Street, Saltcoats, KA21 5LL. The registered office is the address held on the public register, which is not always the trading address.
When was Best Price Goods Ltd founded?
Best Price Goods Ltd was incorporated on 17 January 2019, 6 years before the liquidator was appointed.
What is Best Price Goods Ltd's company number?
Best Price Goods Ltd's registered company number is SC618416.
What does liquidation mean for creditors of Best Price Goods 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 Best Price Goods 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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