Is Colsalake Limited in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Colsalake Limited (company number 01676415) entered creditors' voluntary liquidation on 18 December 2019, by its creditors. Julie Elizabeth Willetts of null was appointed as liquidator.
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Colsalake Limited 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 01676415 |
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| Incorporated | 8 November 1982 (44 years old) |
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| Registered office | Charlotte House, 19b Market Place, Bingham, Nottingham, NG13 8AP |
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| Nature of business (SIC) | 28150: Manufacture of bearings, gears, gearing and driving elements (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 18 December 2019 |
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| Liquidator | Julie Elizabeth Willetts, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Colsalake Limited is a manufacturing business based in Bingham, incorporated in 1982 and 37 years old when the liquidator was appointed. Its registered activity is manufacture of bearings, gears, gearing and driving elements (SIC 28150). There have been 6 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, 2 of which are still outstanding.
Directors
6 people have been appointed as directors of Colsalake 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 David Henry Brailsford
individual person with significant control · British · England
Ownership of shares 50-75%
Since 6 Apr 2016
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingMidland Bank PLC
Chattels mortgage · Created 15 Nov 1988 · Pending
OutstandingMidland Bank PLC
Charge · Created 24 Oct 1983 · Pending
What happened
EventDateType
Return of final meeting in a creditors' voluntary winding up26 June 2026LIQ14
Liquidators' statement of receipts and payments24 February 2026LIQ03
Liquidators' statement of receipts and payments21 February 2025LIQ03
Liquidators' statement of receipts and payments11 March 2024LIQ03
Liquidators' statement of receipts and payments1 March 2023LIQ03
+93 earlier events · 1986 to 2022
Liquidators' statement of receipts and payments3 March 2022LIQ03
Statement of affairs24 February 2021LIQ02
Registered office address changed15 February 2021AD01 Appointment of a voluntary liquidator10 February 2021600
Registered office address changed10 February 2021AD01 Statement of affairs4 February 2021LIQ02
Removal of liquidator by court order26 January 2021LIQ10
Liquidators' statement of receipts and payments7 January 2021LIQ03
Registered office address changed7 January 2020AD01 Statement of affairs6 January 2020LIQ02
Appointment of a voluntary liquidator6 January 2020600
Creditors' voluntary liquidationStatus18 December 2019
Confirmation statement made with no updates1 November 2019CS01 Total exemption full accounts made up27 March 2019AA Confirmation statement made with no updates29 October 2018CS01 Total exemption full accounts made up28 March 2018AA Confirmation statement made with no updates22 November 2017CS01 Total exemption small company accounts made up29 March 2017AA Confirmation statement made with updates5 December 2016CS01 Total exemption small company accounts made up3 February 2016AA Annual return made up with full list of shareholders26 October 2015AR01 Annual return made up with full list of shareholders20 October 2014AR01 Total exemption small company accounts made up29 September 2014AA Annual return made up with full list of shareholders21 October 2013AR01 Total exemption small company accounts made up23 September 2013AA Annual return made up with full list of shareholders23 October 2012AR01 Total exemption small company accounts made up15 October 2012AA Annual return made up with full list of shareholders14 November 2011AR01 Total exemption small company accounts made up2 November 2011AA Annual return made up with full list of shareholders15 November 2010AR01 Total exemption small company accounts made up14 September 2010AA Director's details changed10 November 2009CH01 Director's details changed10 November 2009CH01 Annual return made up with full list of shareholders10 November 2009AR01 Total exemption small company accounts made up3 September 2009AA Legacy12 November 2008363a Total exemption small company accounts made up2 September 2008AA Legacy31 October 2007363a Total exemption small company accounts made up30 August 2007AA Legacy6 December 2006363a Legacy21 September 2006288b Total exemption small company accounts made up21 September 2006AA Total exemption small company accounts made up27 April 2006AA Legacy9 November 2005363a Total exemption small company accounts made up29 April 2005AA Legacy16 November 2004363s Legacy13 November 2003363s Total exemption small company accounts made up23 October 2003AA Legacy7 November 2002363s Total exemption small company accounts made up26 September 2002AA Legacy11 October 2001363s Total exemption small company accounts made up3 October 2001AA Legacy24 October 2000363s Accounts for a small company made up11 October 2000AA Legacy1 November 1999363s Accounts for a small company made up21 September 1999AA Legacy18 November 1998363s Accounts for a small company made up23 September 1998AA Legacy19 November 1997363s Accounts for a small company made up9 October 1997AA Legacy30 October 1996363s Legacy25 October 1996169
Legacy13 September 1996288 Legacy13 September 1996288 Legacy13 September 1996288 Accounts for a small company made up6 September 1996AA Accounts for a small company made up4 April 1996AA Legacy18 January 1996363s Legacy16 November 1994363s Accounts for a small company made up10 November 1994AA Accounts for a small company made up2 March 1994AA Legacy26 October 1993363s Accounts for a small company made up9 December 1992AA Legacy19 November 1992363s Legacy20 November 1991363b Accounts for a small company made up20 November 1991AA Accounts for a small company made up25 April 1991AA Accounts for a small company made up28 March 1990AA Accounts for a small company made up15 May 1989AA Legacy21 November 1988395 Accounts for a small company made up18 April 1988AA A selection of documents registered before 1 January 19871 January 1987PRE87
Legacy20 November 1986363 Accounts for a small company made up20 November 1986AA 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Colsalake Limited in creditors' voluntary liquidation?
- Yes. Colsalake Limited (company number 01676415) entered creditors' voluntary liquidation on 18 December 2019, by its creditors. Julie Elizabeth Willetts of null was appointed as liquidator.
- Who is the liquidator of Colsalake Limited?
- Julie Elizabeth Willetts, a licensed insolvency practitioner at null, was appointed liquidator of Colsalake Limited on 18 December 2019. Creditors can contact the liquidator directly to submit a claim.
- What does Colsalake Limited do?
- Colsalake Limited's registered nature of business is manufacture of bearings, gears, gearing and driving elements (SIC 28150). It is classified in the manufacturing sector.
- Where is Colsalake Limited based?
- Colsalake Limited's registered office is Charlotte House, 19b Market Place, Bingham, Nottingham, NG13 8AP. The registered office is the address held on the public register, which is not always the trading address.
- When was Colsalake Limited founded?
- Colsalake Limited was incorporated on 8 November 1982, 37 years before the liquidator was appointed.
- What is Colsalake Limited's company number?
- Colsalake Limited's registered company number is 01676415.
- Who has significant control of Colsalake Limited?
- 1 active person with significant control over Colsalake Limited is on the register: Mr David Henry Brailsford.
- Does Colsalake Limited have any outstanding charges?
- 2 outstanding charges are registered against Colsalake 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 Colsalake 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 Colsalake 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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