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CR Realisations 2023 Limited Is CR Realisations 2023 Limited in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, CR Realisations 2023 Limited (company number NI605356) entered creditors' voluntary liquidation on 7 October 2025, by its creditors. Paul David Allen of FRP Advisory Trading Limited was appointed as liquidator.
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CR Realisations 2023 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.
How the case progressed
Administration
30 October 2023
Creditors' voluntary liquidation
7 October 2025 · FRP Advisory Trading Limited
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | NI605356 |
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| Previously known as | - Chain Reaction Cycles Retail Limited, Dec 2010 to Apr 2024
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| Incorporated | 2 December 2010 (16 years old) |
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| Registered office | C/O A&L GOODBODY NORTHERN IRELAND LLP, 42-46 Fountain Street, Belfast, BT1 5EF |
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| Nature of business (SIC) | 47640: Retail sale of sports goods, fishing gear, camping goods, boats and bicycles (Retail) |
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| Date entered creditors' voluntary liquidation | 7 October 2025 |
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| Liquidator | Paul David Allen, FRP Advisory Trading Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
CR Realisations 2023 Limited is a retail business based in Belfast, incorporated in 2010 and 15 years old when the liquidator was appointed. Its registered activity is retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640). There have been 11 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
11 people have been appointed as directors of CR Realisations 2023 Limited.
DirectorStatusAppointedResigned
+5 former directors · resigned 2016 to 2017
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.
Chain Reaction Cycles Limited
corporate entity person with significant control
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedHsbc Corporate Trustee Company (UK) Limited (as Security Agent)
A registered charge · Created 5 Aug 2016 · Satisfied 19 Nov 2021
What happened
EventDateType
Appointment of a liquidator10 October 2025VL1
Notice of move from Administration to Creditors Voluntary Liquidation7 October 20252.34B(NI)
Administrator's progress report11 June 20252.24B(NI)
Administrator's progress report21 November 20242.24B(NI)
Notice of extension of period of Administration29 October 20242.31B(NI)
+92 earlier events · 2011 to 2024
Administrator's progress report22 May 20242.24B(NI)
Certificate of change of name4 April 2024CERTNM Change of name notice4 April 2024CONNOT
Statement of affairs8 February 20242.16B(NI)
Notice of result of meeting of creditors16 January 20242.23B(NI)
Statement of administrator's proposal11 January 20242.17B(NI)
Registered office address changed8 December 2023AD01 Registered office address changed1 December 2023AD01 Appointment of an administrator7 November 20232.12B(NI)
AdministrationStatus30 October 2023
Audit exemption subsidiary accounts made up21 June 2023AA Legacy21 June 2023PARENT_ACC
Legacy21 June 2023AGREEMENT2
Legacy21 June 2023GUARANTEE2
Appointment as a director23 May 2023AP01 Termination of appointment as a director23 May 2023TM01 Director's details changed13 December 2022CH01 Confirmation statement made with no updates5 December 2022CS01 Memorandum and Articles of Association14 September 2022MA Audit exemption subsidiary accounts made up22 June 2022AA Legacy22 June 2022PARENT_ACC
Legacy22 June 2022GUARANTEE2
Legacy22 June 2022AGREEMENT2
Confirmation statement made with no updates7 December 2021CS01 Satisfaction of charge in full19 November 2021MR04 Audit exemption subsidiary accounts made up1 November 2021AA Legacy1 November 2021PARENT_ACC
Legacy29 October 2021AGREEMENT2
Legacy29 October 2021GUARANTEE2
Previous accounting period shortened26 July 2021AA01 Termination of appointment as a director7 April 2021TM01 Appointment as a director17 March 2021AP01 Confirmation statement made with no updates3 December 2020CS01 Audit exemption subsidiary accounts made up22 July 2020AA Legacy22 July 2020PARENT_ACC
Legacy22 July 2020AGREEMENT2
Legacy22 July 2020GUARANTEE2
Confirmation statement made with no updates2 December 2019CS01 Audit exemption subsidiary accounts made up19 November 2019AA Legacy24 October 2019GUARANTEE2
Legacy24 October 2019AGREEMENT2
Legacy7 October 2019PARENT_ACC
Legacy7 October 2019GUARANTEE2
Legacy7 October 2019AGREEMENT2
Appointment as a director3 June 2019AP01 Termination of appointment as a director3 June 2019TM01 Appointment as a director1 February 2019AP01 Termination of appointment as a director1 February 2019TM01 Confirmation statement made with no updates3 December 2018CS01 Full accounts made up4 October 2018AA Confirmation statement made with no updates4 December 2017CS01 Registered office address changed30 November 2017AD01 Termination of appointment as a director2 November 2017TM01 Appointment as a director2 November 2017AP01 Full accounts made up31 October 2017AA Appointment as a director17 August 2017AP01 Termination of appointment as a director12 May 2017TM01 Termination of appointment as a secretary12 May 2017TM02 Termination of appointment as a director3 May 2017TM01 Confirmation statement made with updates11 April 2017CS01 Appointment as a director20 March 2017AP01 Total exemption full accounts made up19 October 2016AA Legacy19 October 2016PARENT_ACC
Legacy19 October 2016AGREEMENT2
Legacy19 October 2016GUARANTEE2
Registration of charge , created11 August 2016MR01 Appointment as a director10 August 2016AP01 Appointment as a secretary9 August 2016AP03 Appointment as a director9 August 2016AP01 Termination of appointment as a director2 August 2016TM01 Registered office address changed2 August 2016AD01 Annual return made up with full list of shareholders4 February 2016AR01 Audit exemption subsidiary accounts made up30 September 2015AA Legacy30 September 2015PARENT_ACC
Legacy30 September 2015AGREEMENT2
Legacy30 September 2015GUARANTEE2
Annual return made up with full list of shareholders8 January 2015AR01 Audit exemption subsidiary accounts made up3 October 2014AA Legacy3 October 2014PARENT_ACC
Legacy3 October 2014AGREEMENT2
Legacy3 October 2014GUARANTEE2
Annual return made up with full list of shareholders10 December 2013AR01 Director's details changed10 December 2013CH01 Legacy30 September 2013PARENT_ACC
Audit exemption subsidiary accounts made up30 September 2013AA Legacy30 September 2013AGREEMENT2
Legacy30 September 2013GUARANTEE2
Annual return made up with full list of shareholders4 December 2012AR01 Accounts for a small company made up4 September 2012AA Annual return made up with full list of shareholders22 December 2011AR01 Incorporation2 December 2010NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (FRP Advisory Trading Limited). 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is CR Realisations 2023 Limited in creditors' voluntary liquidation?
- Yes. CR Realisations 2023 Limited (company number NI605356) entered creditors' voluntary liquidation on 7 October 2025, by its creditors. Paul David Allen of FRP Advisory Trading Limited was appointed as liquidator.
- Who is the liquidator of CR Realisations 2023 Limited?
- Paul David Allen, a licensed insolvency practitioner at FRP Advisory Trading Limited, was appointed liquidator of CR Realisations 2023 Limited on 7 October 2025. Creditors can contact the liquidator directly to submit a claim.
- What does CR Realisations 2023 Limited do?
- CR Realisations 2023 Limited's registered nature of business is retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640). It is classified in the retail sector.
- Where is CR Realisations 2023 Limited based?
- CR Realisations 2023 Limited's registered office is C/O A&L GOODBODY NORTHERN IRELAND LLP, 42-46 Fountain Street, Belfast, BT1 5EF. The registered office is the address held on the public register, which is not always the trading address.
- When was CR Realisations 2023 Limited founded?
- CR Realisations 2023 Limited was incorporated on 2 December 2010, 15 years before the liquidator was appointed.
- What is CR Realisations 2023 Limited's company number?
- CR Realisations 2023 Limited's registered company number is NI605356.
- Who has significant control of CR Realisations 2023 Limited?
- 1 active person with significant control over CR Realisations 2023 Limited is on the register: Chain Reaction Cycles Limited.
- What does liquidation mean for creditors of CR Realisations 2023 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 CR Realisations 2023 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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