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Classic Wheels Limited Is Classic Wheels Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Classic Wheels Limited (company number 02822960) entered compulsory liquidation on 5 April 1995, by order of the court.
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Classic Wheels 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
| Status | In Compulsory Liquidation |
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| Company number | 02822960 |
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| Incorporated | 1 June 1993 (33 years old) |
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| Registered office | Classic House, Toronto Pl, Gosport, Hampshire, PO12 4UZ |
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| Date entered compulsory liquidation | 5 April 1995 |
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| Public register | View filing history ↗ |
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About the business
Classic Wheels Limited is a UK limited company based in Gosport, incorporated in 1993 and 2 years old when the liquidator was appointed. There have been 4 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 2 charges have been registered against the company, 2 of which are still outstanding.
Directors
4 people have been appointed as directors of Classic Wheels Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingNational Westminster Bank PLC
Legal mortgage · Created 21 Oct 1993 · Pending
OutstandingNational Westminster Bank PLC
Mortgage debenture · Created 28 Jun 1993 · Pending
What happened
EventDateType
Order of court to wind up3 May 1995COCOMP
Compulsory liquidationStatus5 April 1995
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
+4 earlier events · 1993 to 1994
Legacy26 February 1994224
Incorporation1 June 1993NEWINC 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 Classic Wheels Limited in compulsory liquidation?
- Yes. Classic Wheels Limited (company number 02822960) entered compulsory liquidation on 5 April 1995, by order of the court.
- Where is Classic Wheels Limited based?
- Classic Wheels Limited's registered office is Classic House, Toronto Pl, Gosport, Hampshire, PO12 4UZ. The registered office is the address held on the public register, which is not always the trading address.
- When was Classic Wheels Limited founded?
- Classic Wheels Limited was incorporated on 1 June 1993, 2 years before the liquidator was appointed.
- What is Classic Wheels Limited's company number?
- Classic Wheels Limited's registered company number is 02822960.
- Does Classic Wheels Limited have any outstanding charges?
- 2 outstanding charges are registered against Classic Wheels Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Classic Wheels 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 Classic Wheels 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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