Is Buy 2 LET Cars Ltd in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, Buy 2 LET Cars Ltd (company number 07631458) entered creditors' voluntary liquidation on 20 March 2025, by its creditors. Matthew Robert Haw of RSM UK Restructuring Advisory LLP was appointed as liquidator.
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Buy 2 LET Cars 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
Administration
8 April 2021
Creditors' voluntary liquidation
20 March 2025 · RSM UK Restructuring Advisory LLP
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 07631458 |
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| Incorporated | 12 May 2011 (15 years old) |
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| Registered office | 25 Farringdon Street, London, EC4A 4AB |
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| Nature of business (SIC) | 77110: Renting and leasing of cars and light motor vehicles |
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| Date entered creditors' voluntary liquidation | 20 March 2025 |
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| Liquidator | Matthew Robert Haw, RSM UK Restructuring Advisory LLP (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Buy 2 LET Cars Ltd is a UK limited company based in London, incorporated in 2011 and 14 years old when the liquidator was appointed. Its registered activity is renting and leasing of cars and light motor vehicles (SIC 77110). There have been 4 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
4 people have been appointed as directors of Buy 2 LET Cars Ltd.
DirectorStatusAppointedResigned
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.
Raedex Consortium Limited
corporate entity person with significant control
Ownership of shares 75-100%
What happened
EventDateType
Liquidators' statement of receipts and payments22 May 2026LIQ03
Appointment of a voluntary liquidator2 April 2025600
Notice of move from Administration case to Creditors Voluntary Liquidation20 March 2025AM22 Administrator's progress report19 October 2024AM10 Administrator's progress report23 April 2024AM10 +46 earlier events · 2012 to 2023
Administrator's progress report20 October 2023AM10 Administrator's progress report26 April 2023AM10 Administrator's progress report20 October 2022AM10 Administrator's progress report19 April 2022AM10 Notice of extension of period of Administration10 March 2022AM19
Administrator's progress report18 October 2021AM10 Establishment of creditors or liquidation committee5 July 2021COM1
Result of meeting of creditors7 June 2021AM07
Statement of administrator's proposal17 May 2021AM03 Appointment of an administrator8 April 2021AM01 Registered office address changed from 1 Bell Parade Glebe Way West Wickham Kent BR4 0RH to 25 Farringdon Street London EC4A 4AB on 2021-03-3131 March 2021AD01 Total exemption full accounts made up to 2019-12-3130 December 2020AA Confirmation statement made on 2020-02-15 with no updates20 March 2020CS01 Total exemption full accounts made up to 2018-12-311 October 2019AA Confirmation statement made on 2019-02-15 with no updates18 March 2019CS01 Total exemption full accounts made up to 2017-12-3128 September 2018AA Director's details changed for Mr Reginald Larry-Cole on 2018-06-077 June 2018CH01 Confirmation statement made on 2018-02-15 with updates7 March 2018CS01 Total exemption full accounts made up to 2016-12-317 October 2017AA Statement of capital following an allotment of shares on 2017-09-2728 September 2017SH01 Director's details changed for Mr Reginald Larry-Cole on 2017-03-0722 March 2017CH01 Director's details changed for Mr Reginald Larry-Cole on 2017-03-0722 March 2017CH01 Confirmation statement made on 2017-02-15 with updates20 February 2017CS01 Total exemption small company accounts made up to 2015-12-3128 November 2016AA Annual return made up to 2016-02-15 with full list of shareholders15 February 2016AR01 Total exemption small company accounts made up to 2014-12-3113 October 2015AA Director's details changed for Mr Reginald Larry-Cole on 2015-05-2911 June 2015CH01 Annual return made up to 2015-02-15 with full list of shareholders3 March 2015AR01 Amended total exemption small company accounts made up to 2013-06-308 October 2014AAMD Total exemption small company accounts made up to 2013-12-318 October 2014AA Annual return made up to 2014-05-12 with full list of shareholders12 June 2014AR01 Director's details changed for Mr Scott Martin on 2014-01-0412 June 2014CH01 Director's details changed for Mr Reginald Larry-Cole on 2013-10-2812 June 2014CH01 Termination of appointment of Stalina Elba as a director14 May 2014TM01 Registered office address changed from 8 Blandfield Road London England SW12 8BG England on 2014-03-2626 March 2014AD01 Total exemption small company accounts made up to 2013-06-3025 November 2013AA Current accounting period shortened from 2014-06-30 to 2013-12-312 November 2013AA01 Appointment of Mr Scott Martin as a director2 November 2013AP01 Appointment of Mr Reginald Larry-Cole as a director2 November 2013AP01 Previous accounting period extended from 2013-03-31 to 2013-06-3031 October 2013AA01 Annual return made up to 2013-05-12 with full list of shareholders17 May 2013AR01 Annual return made up to 2012-05-12 with full list of shareholders6 July 2012AR01 Accounts for a dormant company made up to 2012-03-316 July 2012AA Appointment of Stalina Elba as a director27 February 2012AP01 Current accounting period shortened from 2012-05-31 to 2012-03-3120 February 2012AA01 Termination of appointment of Richard Everall as a director20 February 2012TM01 Incorporation12 May 2011NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (RSM UK Restructuring Advisory LLP). 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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See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Buy 2 LET Cars Ltd in creditors' voluntary liquidation?
- Yes. Buy 2 LET Cars Ltd (company number 07631458) entered creditors' voluntary liquidation on 20 March 2025, by its creditors. Matthew Robert Haw of RSM UK Restructuring Advisory LLP was appointed as liquidator.
- Who is the liquidator of Buy 2 LET Cars Ltd?
- Matthew Robert Haw, a licensed insolvency practitioner at RSM UK Restructuring Advisory LLP, was appointed liquidator of Buy 2 LET Cars Ltd on 20 March 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Buy 2 LET Cars Ltd do?
- Buy 2 LET Cars Ltd's registered nature of business is renting and leasing of cars and light motor vehicles (SIC 77110).
- Where is Buy 2 LET Cars Ltd based?
- Buy 2 LET Cars Ltd's registered office is 25 Farringdon Street, London, EC4A 4AB. The registered office is the address held on the public register, which is not always the trading address.
- When was Buy 2 LET Cars Ltd founded?
- Buy 2 LET Cars Ltd was incorporated on 12 May 2011, 14 years before the liquidator was appointed.
- What is Buy 2 LET Cars Ltd's company number?
- Buy 2 LET Cars Ltd's registered company number is 07631458.
- Who has significant control of Buy 2 LET Cars Ltd?
- 1 active person with significant control over Buy 2 LET Cars Ltd is on the register: Raedex Consortium Limited.
- What does liquidation mean for creditors of Buy 2 LET Cars 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 Buy 2 LET Cars 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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