HomeCompanies in LiquidationCarzam Ltd

Is Carzam Ltd in creditors' voluntary liquidation?

Last verified 5 June 2026
In Creditors' Voluntary LiquidationYes, Carzam Ltd (company number 12209537) entered creditors' voluntary liquidation on 9 June 2023, by its creditors. Adam Henry Stephens of null was appointed as liquidator.

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Carzam 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 June 2022
  2. Creditors' voluntary liquidation
    9 June 2023

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number12209537
Incorporated16 September 2019 (7 years old)
Registered officeC/O Restructuring And Recovery Services (Rrs) S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG
Nature of business (SIC)45112: Sale of used cars and light motor vehicles (Retail)
Date entered creditors' voluntary liquidation9 June 2023
LiquidatorAdam Henry Stephens, null (licensed insolvency practitioner)
Official noticeView the official notice ↗
Statement of AffairsFiled 27 October 2022, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Carzam Ltd is a retail business based in London, incorporated in 2019 and 4 years old when the liquidator was appointed. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). There have been 8 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.

Directors

8 people have been appointed as directors of Carzam Ltd.

DirectorStatusResigned
Michael John Watts+ 1 otherActive
Michael BuxtonActive
Peter Jackson WaddellResigned17 Apr 2022
Kirk John O'CallaghanResigned6 Apr 2022
Daniel Johannes Michael BoehmResigned9 Mar 2022
Andrew McCueResigned3 Mar 2022
Clive Ian ColyerResigned30 Jun 2020
Gavin Anthony SmithResigned30 Jun 2020

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
  • Mr Michael John Watts · ceased 8 Sep 2020

Charges register

Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.

Status · Creditor · Type · Dates
SatisfiedRobusta 7 Finance Dac
A registered charge · Created 19 Nov 2021 · Satisfied 26 Jul 2022

What happened

EventDateType
Removal of liquidator by court order6 October 2025LIQ10
Appointment of a voluntary liquidator26 September 2025600
Liquidators' statement of receipts and payments14 August 2025LIQ03
Registered office address changed8 July 2025AD01
Liquidators' statement of receipts and payments2 August 2024LIQ03
59 earlier events · 2019 to 2023
Appointment of a voluntary liquidator20 June 2023600
Notice of move from Administration case to Creditors Voluntary Liquidation14 June 2023AM22
Notice of move from Administration case to Creditors Voluntary Liquidation9 June 2023AM22
Administrator's progress report13 January 2023AM10
Statement of affairs27 October 2022AM02
Establishment of creditors or liquidation committee13 October 2022COM1
Result of meeting of creditors19 August 2022AM07
Statement of administrator's proposal29 July 2022AM03
Satisfaction of charge in full26 July 2022MR04
Registered office address changed5 July 2022AD01
Registered office address changed14 June 2022AD01
Appointment of an administrator13 June 2022AM01
Termination of appointment as a director26 April 2022TM01
Termination of appointment as a director19 April 2022TM01
Termination of appointment as a director17 March 2022TM01
Termination of appointment as a director7 March 2022TM01
Registered office address changed17 December 2021AD01
Appointment as a director23 November 2021AP01
Registration of charge , created23 November 2021MR01
Amended accounts for a small company made up22 November 2021AAMD
Total exemption full accounts made up1 November 2021AA
Purchase of own shares28 October 2021SH03
Memorandum and Articles of Association18 October 2021MA
Resolutions18 October 2021RESOLUTIONS
Confirmation statement made with updates29 September 2021CS01
Appointment as a director28 September 2021AP01
Statement of capital following an allotment of shares22 September 2021SH01
Resolutions7 September 2021RESOLUTIONS
Particulars of variation of rights attached to shares5 September 2021SH10
Statement of capital following an allotment of shares5 September 2021SH01
Change of share class name or designation5 September 2021SH08
Cancellation of shares. Statement of capital3 September 2021SH06
Resolutions10 August 2021RESOLUTIONS
Statement of capital following an allotment of shares25 June 2021SH01
Second filing of a statement of capital following an allotment of shares21 May 2021RP04SH01
Second filing of a statement of capital following an allotment of shares21 May 2021RP04SH01
Statement of capital following an allotment of shares26 March 2021SH01
Memorandum and Articles of Association14 March 2021MA
Resolutions14 March 2021RESOLUTIONS
Appointment as a director5 March 2021AP01
Appointment as a director5 March 2021AP01
Statement of capital following an allotment of shares28 October 2020SH01
Registered office address changed27 October 2020AD01
Notification as a person with significant control14 October 2020PSC01
Confirmation statement made with updates14 October 2020CS01
Cessation as a person with significant control14 October 2020PSC07
Notification as a person with significant control14 October 2020PSC01
Memorandum and Articles of Association13 October 2020MA
Resolutions13 October 2020RESOLUTIONS
Change of share class name or designation13 October 2020SH08
Change of details as a person with significant control25 August 2020PSC04
Director's details changed1 August 2020CH01
Termination of appointment as a director30 June 2020TM01
Termination of appointment as a director30 June 2020TM01
Appointment as a director29 June 2020AP01
Registered office address changed16 June 2020AD01
Appointment as a director12 November 2019AP01
Appointment as a director12 November 2019AP01
Current accounting period extended28 October 2019AA01
Incorporation16 September 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 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 Carzam Ltd in creditors' voluntary liquidation?
Yes. Carzam Ltd (company number 12209537) entered creditors' voluntary liquidation on 9 June 2023, by its creditors. Adam Henry Stephens of null was appointed as liquidator.
Who is the liquidator of Carzam Ltd?
Adam Henry Stephens, a licensed insolvency practitioner at null, was appointed liquidator of Carzam Ltd on 9 June 2023. Creditors can contact the liquidator directly to submit a claim.
What does Carzam Ltd do?
Carzam Ltd's registered nature of business is sale of used cars and light motor vehicles (SIC 45112). It is classified in the retail sector.
Where is Carzam Ltd based?
Carzam Ltd's registered office is C/O Restructuring And Recovery Services (Rrs) S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG. The registered office is the address held on the public register, which is not always the trading address.
When was Carzam Ltd founded?
Carzam Ltd was incorporated on 16 September 2019, 4 years before the liquidator was appointed.
What is Carzam Ltd's company number?
Carzam Ltd's registered company number is 12209537.
Who has significant control of Carzam Ltd?
2 active people with significant control over Carzam Ltd are on the register: Mr Peter Jackson Waddell, Mr John Ernest Bailey.
What does liquidation mean for creditors of Carzam 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 Carzam 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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