HomeCompanies in LiquidationBusa Lifesciences Ltd

Is Busa Lifesciences Ltd in creditors' voluntary liquidation?

Last verified 26 May 2026
In Creditors' Voluntary LiquidationYes, Busa Lifesciences Ltd (company number 10500377) entered creditors' voluntary liquidation on 21 April 2026, by its creditors. Scott Milne of null was appointed as liquidator.

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Busa Lifesciences 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.

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number10500377
Incorporated28 November 2016 (10 years old)
Registered office10500377 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH
Nature of business (SIC)72110: Research and experimental development on biotechnology
Date entered creditors' voluntary liquidation21 April 2026
LiquidatorScott Milne, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Busa Lifesciences Ltd is a UK limited company based in Cardiff, incorporated in 2016 and 10 years old when the liquidator was appointed. Its registered activity is research and experimental development on biotechnology (SIC 72110). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

2 people have been appointed as directors of Busa Lifesciences Ltd.

DirectorStatusResigned
Husein SalemActive
Nasreen Najefi+ 1 otherResigned9 Mar 2018

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.

2 ceased controls
  • Dr Nasreen Najefi · ceased 1 Mar 2023
  • Dr Husein Salem · ceased 1 Dec 2024

What happened

EventDateType
Statement of affairs1 May 2026LIQ02
Appointment of a voluntary liquidator1 May 2026600
Registered office address changed from PO Box 4385 10500377 - Companies House Default Address Cardiff CF14 8LH to 26 Market Street Standish WN6 0HN on 2026-05-011 May 2026AD01
Resolutions1 May 2026RESOLUTIONS
Creditors' voluntary liquidationStatus21 April 2026
33 earlier events · 2017 to 2025
Accounts for a dormant company made up to 2024-11-3027 August 2025AA
Compulsory strike-off action has been suspended7 August 2025DISS16(SOAS)
First Gazette notice for compulsory strike-off1 July 2025GAZ1
Registered office address changed to PO Box 4385, 10500377 - Companies House Default Address, Cardiff, CF14 8LH on 2025-05-1414 May 2025RP05
Notification of Husein Salem as a person with significant control on 2016-11-2826 March 2025PSC01
Confirmation statement made on 2024-12-01 with no updates16 December 2024CS01
Cessation of Husein Salem as a person with significant control on 2024-12-0116 December 2024PSC07
Total exemption full accounts made up to 2023-11-3028 November 2024AA
Previous accounting period shortened from 2023-11-30 to 2023-11-2928 August 2024AA01
Confirmation statement made on 2023-12-01 with no updates30 December 2023CS01
Confirmation statement made on 2022-12-01 with updates6 November 2023CS01
Total exemption full accounts made up to 2022-11-3031 July 2023AA
Cessation of Nasreen Najefi as a person with significant control on 2023-03-019 May 2023PSC07
Registered office address changed from , Busa House 132-134, Great Ancoats Street, Manchester, M4 6DE, England to PO Box 1003 the Innovation Centre the Old Church, St Michael on the Hill Burnley Road East Rossendale Lancashire BB4 9PQ on 2023-05-099 May 2023AD01
Confirmation statement made on 2022-11-25 with no updates14 December 2022CS01
Total exemption full accounts made up to 2021-11-3026 August 2022AA
Confirmation statement made on 2021-11-25 with no updates25 November 2021CS01
Accounts for a dormant company made up to 2020-11-3031 August 2021AA
Confirmation statement made on 2020-09-01 with updates15 January 2021CS01
Confirmation statement made on 2019-12-10 with updates14 January 2021CS01
Confirmation statement made on 2020-11-27 with no updates9 January 2021CS01
Accounts for a dormant company made up to 2019-11-3028 October 2020AA
Change of details for Dr Nasreen Najefi as a person with significant control on 2019-12-1111 December 2019PSC04
Change of details for Dr Husein Salem as a person with significant control on 2019-12-1111 December 2019PSC04
Director's details changed for Dr Husein Salem on 2019-11-2929 November 2019CH01
Registered office address changed from , 20-22 Wenlock Road, London, N1 7GU, England to PO Box 1003 the Innovation Centre the Old Church, St Michael on the Hill Burnley Road East Rossendale Lancashire BB4 9PQ on 2019-11-2929 November 2019AD01
Confirmation statement made on 2019-11-27 with updates27 November 2019CS01
Accounts for a dormant company made up to 2018-11-3016 September 2019AA
Confirmation statement made on 2018-11-27 with updates4 December 2018CS01
Change of details for Dr Husein Salem as a person with significant control on 2018-12-033 December 2018PSC04
Termination of appointment of Nasreen Najefi as a director on 2018-03-099 March 2018TM01
Accounts for a dormant company made up to 2017-11-307 December 2017AA
Confirmation statement made on 2017-11-27 with updates5 December 2017CS01
Incorporation28 November 2016NEWINC

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 creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Busa Lifesciences Ltd in creditors' voluntary liquidation?
Yes. Busa Lifesciences Ltd (company number 10500377) entered creditors' voluntary liquidation on 21 April 2026, by its creditors. Scott Milne of null was appointed as liquidator.
Who is the liquidator of Busa Lifesciences Ltd?
Scott Milne, a licensed insolvency practitioner at null, was appointed liquidator of Busa Lifesciences Ltd on 21 April 2026. Creditors can contact the liquidator directly to submit a claim.
What does Busa Lifesciences Ltd do?
Busa Lifesciences Ltd's registered nature of business is research and experimental development on biotechnology (SIC 72110).
Where is Busa Lifesciences Ltd based?
Busa Lifesciences Ltd's registered office is 10500377 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH. The registered office is the address held on the public register, which is not always the trading address.
When was Busa Lifesciences Ltd founded?
Busa Lifesciences Ltd was incorporated on 28 November 2016, 10 years before the liquidator was appointed.
What is Busa Lifesciences Ltd's company number?
Busa Lifesciences Ltd's registered company number is 10500377.
Who has significant control of Busa Lifesciences Ltd?
1 active person with significant control over Busa Lifesciences Ltd is on the register: Husein Salem.
What does liquidation mean for creditors of Busa Lifesciences 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 Busa Lifesciences 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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