Is DAM Cheap Bikes Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, DAM Cheap Bikes Ltd (company number 09687053) entered creditors' voluntary liquidation on 20 September 2023, by its creditors. Clive Morris of null was appointed as liquidator.
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DAM Cheap Bikes Ltd 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 | 09687053 |
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| Incorporated | 15 July 2015 (11 years old) |
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| Registered office | C/O Marshall Peters Heskin Hall Farm Wood Lane, Heskin, Preston, PR7 5PA |
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| Nature of business (SIC) | 45400: Sale, maintenance and repair of motorcycles and related parts and accessories (Retail) |
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| Date entered creditors' voluntary liquidation | 20 September 2023 |
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| Liquidator | Clive Morris, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
DAM Cheap Bikes Ltd is a retail business based in Preston, incorporated in 2015 and 8 years old when the liquidator was appointed. Its registered activity is sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400). There have been 3 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
3 people have been appointed as directors of DAM Cheap Bikes 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.
Mr David Brian Megson
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directorsRight to appoint and remove directors as trustRight to appoint and remove directors as firmSignificant influence or controlSignificant influence or control as trustSignificant influence or control as firm
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingHsbc Bank PLC
A registered charge · Created 15 Apr 2016 · Pending
What happened
EventDateType
Liquidators' statement of receipts and payments31 October 2025LIQ03
Liquidators' statement of receipts and payments15 October 2024LIQ03
Registered office address changed5 October 2023AD01 Appointment of a voluntary liquidator5 October 2023600
+25 earlier events · 2015 to 2023
Statement of affairs4 October 2023LIQ02
First Gazette notice for compulsory strike-off3 October 2023GAZ1 Creditors' voluntary liquidationStatus20 September 2023
Micro company accounts made up6 December 2022AA Confirmation statement made with no updates21 July 2022CS01 Micro company accounts made up18 October 2021AA Confirmation statement made with no updates19 July 2021CS01 Registered office address changed19 January 2021AD01 Micro company accounts made up15 October 2020AA Confirmation statement made with no updates15 July 2020CS01 Micro company accounts made up19 February 2020AA Confirmation statement made with no updates17 July 2019CS01 Micro company accounts made up20 December 2018AA Confirmation statement made with updates19 July 2018CS01 Termination of appointment as a director15 March 2018TM01 Appointment as a director15 March 2018AP01 Micro company accounts made up14 December 2017AA Confirmation statement made with no updates26 July 2017CS01 Total exemption small company accounts made up31 March 2017AA Registered office address changed17 February 2017AD01 Registered office address changed23 December 2016AD01 Confirmation statement made with updates21 July 2016CS01 Registration of charge , created15 April 2016MR01 Termination of appointment as a director11 September 2015TM01 Appointment as a director2 September 2015AP01 Incorporation15 July 2015NEWINC 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is DAM Cheap Bikes Ltd in creditors' voluntary liquidation?
- Yes. DAM Cheap Bikes Ltd (company number 09687053) entered creditors' voluntary liquidation on 20 September 2023, by its creditors. Clive Morris of null was appointed as liquidator.
- Who is the liquidator of DAM Cheap Bikes Ltd?
- Clive Morris, a licensed insolvency practitioner at null, was appointed liquidator of DAM Cheap Bikes Ltd on 20 September 2023. Creditors can contact the liquidator directly to submit a claim.
- What does DAM Cheap Bikes Ltd do?
- DAM Cheap Bikes Ltd's registered nature of business is sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400). It is classified in the retail sector.
- Where is DAM Cheap Bikes Ltd based?
- DAM Cheap Bikes Ltd's registered office is C/O Marshall Peters Heskin Hall Farm Wood Lane, Heskin, Preston, PR7 5PA. The registered office is the address held on the public register, which is not always the trading address.
- When was DAM Cheap Bikes Ltd founded?
- DAM Cheap Bikes Ltd was incorporated on 15 July 2015, 8 years before the liquidator was appointed.
- What is DAM Cheap Bikes Ltd's company number?
- DAM Cheap Bikes Ltd's registered company number is 09687053.
- Who has significant control of DAM Cheap Bikes Ltd?
- 1 active person with significant control over DAM Cheap Bikes Ltd is on the register: Mr David Brian Megson.
- Does DAM Cheap Bikes Ltd have any outstanding charges?
- an outstanding charge is registered against DAM Cheap Bikes Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of DAM Cheap Bikes 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 DAM Cheap Bikes 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.
Report an error on this page·Not financial, credit or legal advice.