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CLS Finance Limited Has CLS Finance Limited been dissolved?
Last verified 11 July 2026
Yes, CLS Finance Limited (company number 05032892) was dissolved on 7 July 2026 and removed from the register.
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CLS Finance Limited was struck off the register on 7 July 2026. Below are the directors who served, the filing history that led to dissolution, and what dissolution means for former creditors, suppliers and counterparties.
How the case progressed
Administration
27 October 2020
Dissolved
7 July 2026
Company at a glance
| Status | Dissolved |
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| Company number | 05032892 |
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| Incorporated | 3 February 2004 (22 years old) |
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| Registered office | Care Of Restructuring And Recovery Service (Rrs) S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG |
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| Nature of business (SIC) | 64999: Financial intermediation not elsewhere classified |
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| Date dissolved | 7 July 2026 |
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| Public register | View filing history ↗ |
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About the business
CLS Finance Limited was a UK limited company based in London, incorporated in 2004 and 22 years old at dissolution. Its registered activity was financial intermediation not elsewhere classified (SIC 64999). There have been 6 director appointments since incorporation, of which 3 were on the board at dissolution, alongside 2 people with significant control. 19 charges have been registered against the company, 6 of which are still outstanding.
Directors
6 people have been appointed as directors of CLS Finance Limited.
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.
Mr Shaun Patrick Young
individual person with significant control · British · England
Ownership of shares 25-50%
Mr Charles Omar Holding
individual person with significant control · British · England
Ownership of shares 25-50%
Charges register
Secured creditors and encumbrances against the company. 6 outstanding · 13 satisfied.
Status · Creditor · Type · Dates
OutstandingConister Bank Limited
A registered charge · Created 4 Sep 2018 · Pending
SatisfiedClose Brothers Limited
A registered charge · Created 12 Dec 2016 · Satisfied 11 Sep 2020
OutstandingLesmoir-Gordon, Boyle & Co. Limited
A registered charge · Created 15 Nov 2016 · Pending
SatisfiedSeneca Secured Lending Limited
A registered charge · Created 18 Nov 2015 · Satisfied 11 Mar 2025
SatisfiedThincats Loan Syndicates Limited
A registered charge · Created 28 Apr 2015 · Satisfied 29 Nov 2016
+13 earlier charges · 2008 to 2015
SatisfiedShawbrook Bank Limited
A registered charge · Created 25 Feb 2015 · Satisfied 25 Jan 2022
SatisfiedThincats Loan Syndicates Limited
A registered charge · Created 27 Jan 2015 · Satisfied 29 Nov 2016
SatisfiedThincats Loan Syndicates Limited
A registered charge · Created 28 Oct 2014 · Satisfied 29 Nov 2016
SatisfiedThincats Loan Syndicates Limited
A registered charge · Created 5 Aug 2014 · Satisfied 29 Nov 2016
SatisfiedThincats Loan Syndicates Limited
A registered charge · Created 24 Apr 2014 · Satisfied 29 Nov 2016
OutstandingArkle Finance Limited
A registered charge · Created 6 Jun 2013 · Pending
SatisfiedThincats Loan Syndicates Limited
Debenture · Created 21 Dec 2012 · Satisfied 29 Nov 2016
OutstandingClsf Ssas Pension Scheme
Debenture · Created 10 Dec 2012 · Pending
SatisfiedSingers Corporate Asset Finance Limited
Master block discounting agreement · Created 6 Jun 2011 · Satisfied 25 Jan 2022
OutstandingConister Bank Limited
Block discounting master agreement · Created 14 Jan 2011 · Pending
OutstandingSiemens Financial Services LTD
Block discounting agreement · Created 16 Apr 2010 · Pending
SatisfiedKingston Asset Finance
Block discounting agreement · Created 17 Oct 2008 · Satisfied 1 Mar 2017
SatisfiedHitachi Capital (UK) PLC
Block discounting agreement · Created 17 Sep 2008 · Satisfied 8 Apr 2020
SatisfiedKingston Asset Finance Limited
Block discounting agreement · Created 27 Feb 2008 · Satisfied 1 Mar 2017
What happened
EventDateType
DissolvedStatus7 July 2026
Notice of move from Administration to Dissolution7 April 2026AM23 Administrator's progress report28 October 2025AM10 Registered office address changed1 August 2025AD01 Administrator's progress report2 May 2025AM10 +103 earlier events · 2004 to 2025
Satisfaction of charge in full11 March 2025MR04 Administrator's progress report30 October 2024AM10 Administrator's progress report4 May 2024AM10 Notice of extension of period of Administration24 April 2024AM19
Administrator's progress report2 November 2023AM10 Administrator's progress report6 July 2023AM10 Administrator's progress report31 October 2022AM10 Administrator's progress report29 April 2022AM10 Notice of extension of period of Administration5 April 2022AM19
Satisfaction of charge in full25 January 2022MR04 Satisfaction of charge in full25 January 2022MR04 Administrator's progress report29 October 2021AM10 Administrator's progress report28 April 2021AM10 Notice of extension of period of Administration17 February 2021AM19
Statement of administrator's proposal21 January 2021AM03 Registered office address changed10 November 2020AD01 Administrator's progress report27 October 2020AM10 Appointment of an administrator27 October 2020AM01 Previous accounting period extended19 October 2020AA01 Satisfaction of charge in full11 September 2020MR04 Satisfaction of charge in full8 April 2020MR04 Confirmation statement made with no updates17 February 2020CS01 Accounts for a small company made up26 July 2019AA Secretary's details changed24 April 2019CH03 Confirmation statement made with no updates14 February 2019CS01 Registration of charge , created11 September 2018MR01 Accounts for a small company made up15 May 2018AA Confirmation statement made with no updates14 February 2018CS01 Accounts for a small company made up18 May 2017AA Satisfaction of charge in full1 March 2017MR04 Satisfaction of charge in full1 March 2017MR04 Confirmation statement made with updates22 February 2017CS01 Registration of charge , created12 December 2016MR01 Satisfaction of charge in full29 November 2016MR04 Satisfaction of charge in full29 November 2016MR04 Satisfaction of charge in full29 November 2016MR04 Satisfaction of charge in full29 November 2016MR04 Satisfaction of charge in full29 November 2016MR04 Satisfaction of charge in full29 November 2016MR04 Registration of charge , created21 November 2016MR01 Accounts for a small company made up26 May 2016AA Director's details changed8 May 2016CH01 Director's details changed8 May 2016CH01 Annual return made up with full list of shareholders15 April 2016AR01 Registration of charge , created24 November 2015MR01 Accounts for a small company made up26 August 2015AA Registration of charge , created6 May 2015MR01 Registered office address changed1 May 2015AD01 Annual return made up26 March 2015AR01 Registration of charge , created27 February 2015MR01 Registration of charge , created29 January 2015MR01 Registration of charge , created28 October 2014MR01 Registration of charge , created5 August 2014MR01 Registration of charge24 April 2014MR01 Accounts for a small company made up14 April 2014AA Annual return made up7 March 2014AR01 Registration of charge12 June 2013MR01 Accounts for a small company made up26 March 2013AA Annual return made up with full list of shareholders20 February 2013AR01 Legacy22 December 2012MG01 Legacy22 December 2012MG01 Accounts for a small company made up26 June 2012AA Annual return made up with full list of shareholders21 March 2012AR01 Director's details changed19 March 2012CH01 Director's details changed19 March 2012CH01 Full accounts made up13 May 2011AA Annual return made up with full list of shareholders26 April 2011AR01 Legacy26 January 2011MG01 Accounts for a small company made up29 September 2010AA Annual return made up18 March 2010AR01 Accounts for a small company made up24 April 2009AA Legacy11 February 2009363a Legacy18 September 2008395 Accounts for a small company made up31 July 2008AA Legacy28 February 2008395 Legacy14 February 2008363a Accounts for a small company made up2 February 2008AA Legacy19 February 2007363a Accounts for a small company made up12 September 2006AA Total exemption small company accounts made up7 November 2005AA Legacy23 February 2005363a Legacy28 February 2004288a Legacy28 February 2004288a Legacy28 February 2004288a Legacy28 February 2004288a Legacy23 February 2004288b Legacy23 February 2004288b Legacy11 February 2004287 Legacy11 February 2004288b Legacy11 February 2004288b Incorporation3 February 2004NEWINC What this means for you
If you were a creditor
Dissolution does not extinguish a debt that was owed to you. You can apply to restore the company to the register within 6 years of dissolution (longer in some circumstances) so that a claim can be pursued.
If you held a contract
The contract terminates on dissolution. Any pre-dissolution unpaid sums survive as a claim that can only be pursued after the company is restored to the register.
If you held assets owned by the company
Assets owned by a dissolved company pass to the Crown as bona vacantia (vested in the Treasury Solicitor in England and Wales, or the King's and Lord Treasurer's Remembrancer in Scotland). Title can sometimes be recovered following a successful restoration application.
If you held a trademark or other registered IP
Registered intellectual property held in the company's name passes to the Crown alongside other assets. Trademark renewals lapse, opening the marks for re-registration after the relevant grace period.
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The bigger picture
Frequently asked questions
- Has CLS Finance Limited been dissolved?
- Yes. CLS Finance Limited (company number 05032892) was dissolved on 7 July 2026 and removed from the register.
- What does CLS Finance Limited do?
- CLS Finance Limited's registered nature of business is financial intermediation not elsewhere classified (SIC 64999).
- Where was CLS Finance Limited based?
- CLS Finance Limited's registered office was Care Of Restructuring And Recovery Service (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 CLS Finance Limited founded?
- CLS Finance Limited was incorporated on 3 February 2004, 22 years before it was dissolved.
- What is CLS Finance Limited's company number?
- CLS Finance Limited's registered company number is 05032892.
- Who had significant control of CLS Finance Limited?
- 2 people with significant control over CLS Finance Limited were on the register: Mr Shaun Patrick Young, Mr Charles Omar Holding.
- Does CLS Finance Limited have any outstanding charges?
- 6 outstanding charges are registered against CLS Finance Limited out of 19 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What happens to creditors after CLS Finance Limited's dissolution?
- Dissolution removes the company from the register but does not extinguish a debt. A former creditor can apply to restore the company so the claim can be pursued, ordinarily within 6 years of dissolution and longer for personal injury claims.
- Can a dissolved company like CLS Finance Limited be restored to the register?
- Yes. A former member, director, creditor or anyone with a sufficient interest can apply to restore the company. Administrative restoration is available within 6 years where the company was struck off by the Registrar. Court-ordered restoration is the route in other circumstances.
- What happens to CLS Finance Limited's assets after dissolution?
- Assets remaining when the company dissolved pass to the Crown as bona vacantia. Trademarks, domains, leasehold interests and cash balances all follow this rule. Successful restoration to the register can return ownership of those assets to the company.
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