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Cherry Lending Property Subsidiary 1 Ltd Is Cherry Lending Property Subsidiary 1 Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, Cherry Lending Property Subsidiary 1 Ltd (company number 10238059) entered compulsory liquidation on 20 November 2023, by order of the court. Nedim Patrick Ailyan of null was appointed as liquidator.
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Cherry Lending Property Subsidiary 1 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.
How the case progressed
Administration
10 December 2020
Compulsory liquidation
20 November 2023
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 10238059 |
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| Previously known as | - CR SPV 1 Limited, Jun 2016 to Mar 2017
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| Incorporated | 17 June 2016 (10 years old) |
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| Registered office | Central Block, 4th Floor Central Court, Knoll Rise, Orpington, BR6 0JA |
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| Nature of business (SIC) | 66300: Fund management activities |
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| Date entered compulsory liquidation | 20 November 2023 |
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| Liquidator | Nedim Patrick Ailyan, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Cherry Lending Property Subsidiary 1 Ltd is a UK limited company based in Orpington, incorporated in 2016 and 7 years old when the liquidator was appointed. Its registered activity is fund management activities (SIC 66300). There have been 4 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control. 6 charges have been registered against the company, 4 of which are still outstanding.
Directors
4 people have been appointed as directors of Cherry Lending Property Subsidiary 1 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.
Cherry Capital Holdings Ltd
corporate entity person with significant control
Ownership of shares 75-100%
Mr Charles Douglas Robert Tedstone
individual person with significant control · British · England
Significant influence or control
Charges register
Secured creditors and encumbrances against the company. 4 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
OutstandingReditum Spv 12 LTD
A registered charge · Created 30 Aug 2019 · Pending
OutstandingReditum Spv 12 LTD
A registered charge · Created 21 Dec 2018 · Pending
OutstandingReditum Spv 12 LTD
A registered charge · Created 22 Mar 2018 · Pending
OutstandingReditum Spv 12 Limited
A registered charge · Created 9 Feb 2018 · Pending
SatisfiedAura Finance Limited
A registered charge · Created 9 Feb 2018 · Satisfied 4 Jul 2018
SatisfiedReditum Spv 18 Limited
A registered charge · Created 14 Nov 2017 · Satisfied 30 Oct 2020
What happened
EventDateType
Progress report in a winding up by the court21 January 2026WU07
Appointment of a liquidator4 November 2025WU04
Notice of removal of liquidator by court4 November 2025WU14
Progress report in a winding up by the court16 January 2025WU07
Notice of a court order ending Administration9 January 2024AM25
+43 earlier events · 2017 to 2023
Appointment of a liquidator19 December 2023WU04
Order of court to wind up29 November 2023COCOMP
Compulsory liquidationStatus20 November 2023
Administrator's progress report28 June 2023AM10 Notice of extension of period of Administration6 January 2023AM19
Administrator's progress report6 January 2023AM10 Administrator's progress report28 June 2022AM10 Registered office address changed22 March 2022AD01 Administrator's progress report10 January 2022AM10 Notice of extension of period of Administration23 November 2021AM19
Administrator's progress report1 July 2021AM10 Notice of deemed approval of proposals18 February 2021AM06
Statement of administrator's proposal1 February 2021AM03 First Gazette notice for compulsory strike-off15 December 2020GAZ1 Appointment of an administrator10 December 2020AM01 Registered office address changed9 December 2020AD01 Satisfaction of charge in full30 October 2020MR04 Registered office address changed19 August 2020AD01 Micro company accounts made up17 July 2020AA Confirmation statement made with updates26 January 2020CS01 Notification as a person with significant control23 January 2020PSC02 Registered office address changed29 November 2019AD01 Registration of charge , created5 September 2019MR01 Registered office address changed24 May 2019AD01 Registration of charge , created4 January 2019MR01 Confirmation statement made with updates12 December 2018CS01 Current accounting period extended9 July 2018AA01 Satisfaction of charge in full4 July 2018MR04 Registration of charge , created5 April 2018MR01 Micro company accounts made up13 March 2018AA Registration of charge , created16 February 2018MR01 Registration of charge , created15 February 2018MR01 Registration of charge , created20 November 2017MR01 Registered office address changed30 October 2017AD01 Confirmation statement made with updates20 September 2017CS01 Appointment as a director20 September 2017AP01 Termination of appointment as a director20 September 2017TM01 Confirmation statement made with updates28 June 2017CS01 Confirmation statement made with updates28 June 2017CS01 Notification as a person with significant control28 June 2017PSC01 Termination of appointment as a director28 June 2017TM01 Appointment as a director28 June 2017AP02 Incorporation17 June 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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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Cherry Lending Property Subsidiary 1 Ltd in compulsory liquidation?
- Yes. Cherry Lending Property Subsidiary 1 Ltd (company number 10238059) entered compulsory liquidation on 20 November 2023, by order of the court. Nedim Patrick Ailyan of null was appointed as liquidator.
- Who is the liquidator of Cherry Lending Property Subsidiary 1 Ltd?
- Nedim Patrick Ailyan, a licensed insolvency practitioner at null, was appointed liquidator of Cherry Lending Property Subsidiary 1 Ltd on 20 November 2023. Creditors can contact the liquidator directly to submit a claim.
- What does Cherry Lending Property Subsidiary 1 Ltd do?
- Cherry Lending Property Subsidiary 1 Ltd's registered nature of business is fund management activities (SIC 66300).
- Where is Cherry Lending Property Subsidiary 1 Ltd based?
- Cherry Lending Property Subsidiary 1 Ltd's registered office is Central Block, 4th Floor Central Court, Knoll Rise, Orpington, BR6 0JA. The registered office is the address held on the public register, which is not always the trading address.
- When was Cherry Lending Property Subsidiary 1 Ltd founded?
- Cherry Lending Property Subsidiary 1 Ltd was incorporated on 17 June 2016, 7 years before the liquidator was appointed.
- What is Cherry Lending Property Subsidiary 1 Ltd's company number?
- Cherry Lending Property Subsidiary 1 Ltd's registered company number is 10238059.
- Who has significant control of Cherry Lending Property Subsidiary 1 Ltd?
- 2 active people with significant control over Cherry Lending Property Subsidiary 1 Ltd are on the register: Cherry Capital Holdings Ltd, Mr Charles Douglas Robert Tedstone.
- Does Cherry Lending Property Subsidiary 1 Ltd have any outstanding charges?
- 4 outstanding charges are registered against Cherry Lending Property Subsidiary 1 Ltd out of 6 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Cherry Lending Property Subsidiary 1 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 Cherry Lending Property Subsidiary 1 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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