HomeCompanies in LiquidationCBG Financial Solutions Limited

Is CBG Financial Solutions Limited in compulsory liquidation?

Last verified 26 May 2026
In Compulsory LiquidationYes, CBG Financial Solutions Limited (company number SC376107) entered compulsory liquidation on 31 October 2019, by order of the court. Christine Convy of null was appointed as liquidator.

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CBG Financial Solutions 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 numberSC376107
Incorporated1 April 2010 (16 years old)
Registered officeItek House, 1 Newark Road South, Glenrothes, Fife, KY7 4NS
Nature of business (SIC)66290: Other activities auxiliary to insurance and pension funding
Date entered compulsory liquidation31 October 2019
LiquidatorChristine Convy, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

CBG Financial Solutions Limited is a UK limited company based in Glenrothes, incorporated in 2010 and 9 years old when the liquidator was appointed. Its registered activity is other activities auxiliary to insurance and pension funding (SIC 66290). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

1 person has been appointed as directors of CBG Financial Solutions Limited.

DirectorStatusResigned
Iain James GrayActive

Persons with significant control

Individuals or entities with significant influence or control.

What happened

EventDateType
Final account prior to dissolution in a winding-up by the court6 July 2026WU15(Scot)
Registered office address changed6 April 2021AD01
Court order in a winding-up (& Court Order attachment)4 November 2019WU01(Scot)
Registered office address changed4 November 2019AD01
Compulsory liquidationStatus31 October 2019
19 earlier events · 2011 to 2019
Confirmation statement made with updates15 April 2019CS01
Total exemption full accounts made up28 January 2019AA
Confirmation statement made with updates13 April 2018CS01
Total exemption full accounts made up31 January 2018AA
Confirmation statement made with updates5 April 2017CS01
Total exemption small company accounts made up27 January 2017AA
Annual return made up with full list of shareholders18 April 2016AR01
Total exemption small company accounts made up18 January 2016AA
Annual return made up with full list of shareholders30 April 2015AR01
Total exemption small company accounts made up22 January 2015AA
Annual return made up with full list of shareholders30 April 2014AR01
Total exemption small company accounts made up13 January 2014AA
Annual return made up with full list of shareholders29 April 2013AR01
Total exemption small company accounts made up18 February 2013AA
Registered office address changed14 January 2013AD01
Statement of capital following an allotment of shares14 January 2013SH01
Annual return made up with full list of shareholders1 June 2012AR01
Total exemption small company accounts made up6 January 2012AA
Annual return made up with full list of shareholders13 April 2011AR01
Incorporation1 April 2010NEWINC

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

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Other companies in compulsory liquidation

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is CBG Financial Solutions Limited in compulsory liquidation?
Yes. CBG Financial Solutions Limited (company number SC376107) entered compulsory liquidation on 31 October 2019, by order of the court. Christine Convy of null was appointed as liquidator.
Who is the liquidator of CBG Financial Solutions Limited?
Christine Convy, a licensed insolvency practitioner at null, was appointed liquidator of CBG Financial Solutions Limited on 31 October 2019. Creditors can contact the liquidator directly to submit a claim.
What does CBG Financial Solutions Limited do?
CBG Financial Solutions Limited's registered nature of business is other activities auxiliary to insurance and pension funding (SIC 66290).
Where is CBG Financial Solutions Limited based?
CBG Financial Solutions Limited's registered office is Itek House, 1 Newark Road South, Glenrothes, Fife, KY7 4NS. The registered office is the address held on the public register, which is not always the trading address.
When was CBG Financial Solutions Limited founded?
CBG Financial Solutions Limited was incorporated on 1 April 2010, 9 years before the liquidator was appointed.
What is CBG Financial Solutions Limited's company number?
CBG Financial Solutions Limited's registered company number is SC376107.
Who has significant control of CBG Financial Solutions Limited?
1 active person with significant control over CBG Financial Solutions Limited is on the register: Mr Iain James Gray.
What does liquidation mean for creditors of CBG Financial Solutions 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 CBG Financial Solutions 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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