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DBS Financial Systems Ltd. Is DBS Financial Systems Ltd. in creditors' voluntary liquidation?
Last verified 9 June 2026
Yes, DBS Financial Systems Ltd. (company number 02502547) entered creditors' voluntary liquidation on 21 May 2026, by its creditors. Stephen Cave of Grant Thornton Advisors (NI) LLP was appointed as liquidator.
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DBS Financial Systems 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.
How the case progressed
Members' voluntary liquidation
21 May 2026
Creditors' voluntary liquidation
21 May 2026 · Grant Thornton Advisors (NI) LLP
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 02502547 |
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| Incorporated | 16 May 1990 (36 years old) |
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| Registered office | 11-12 Hanover Square, London, W1S 1JJ |
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| Nature of business (SIC) | 62090: Other information technology service activities (IT & managed services) |
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| Date entered creditors' voluntary liquidation | 21 May 2026 |
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| Liquidator | Stephen Cave, Grant Thornton Advisors (NI) LLP (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
DBS Financial Systems Ltd. is a it & managed services business based in London, incorporated in 1990 and 36 years old when the liquidator was appointed. Its registered activity is other information technology service activities (SIC 62090). There have been 16 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
16 people have been appointed as directors of DBS Financial Systems Ltd..
DirectorStatusAppointedResigned
+10 former directors · resigned 2004 to 2016
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.
Risklogix Solutions Ltd
corporate entity person with significant control
Ownership of shares 75-100% as firmVoting rights 75-100% as firmRight to appoint and remove directors as firm
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedDaryl Alan Walmsley, Elizabeth Joy Sansom & Roger Leslie Sansom
Debenture · Created 2 May 2000 · Satisfied 20 Aug 2010
What happened
EventDateType
Declaration of solvency23 June 2026LIQ01
Registered office address changed from 11-12 Hanover Square London W1S 1JJ England to C/O Hill Dickinson No.1 st. Pauls Square Liverpool England L3 9SJ on 2026-06-2222 June 2026AD01 Appointment of a voluntary liquidator9 June 2026600
Statement of capital following an allotment of shares on 2026-04-3021 May 2026SH01 +129 earlier events · 1990 to 2026
Registered office address changed from Phoenix House Rear of 8-10 Hewell Road Barnt Green Birmingham B45 8NE England to 11-12 Hanover Square London W1S 1JJ on 2026-03-1919 March 2026AD01 Termination of appointment of John Patrick Kiddy as a director on 2025-12-3119 March 2026TM01 Compulsory strike-off action has been discontinued14 March 2026DISS40 First Gazette notice for compulsory strike-off3 March 2026GAZ1 Compulsory strike-off action has been discontinued9 August 2025DISS40 Confirmation statement made on 2025-05-16 with updates7 August 2025CS01 First Gazette notice for compulsory strike-off5 August 2025GAZ1 Change of details for Risklogix Solutions Ltd as a person with significant control on 2016-04-0619 June 2025PSC05 Change of details for Risklogix Solutions Ltd as a person with significant control on 2025-05-0119 June 2025PSC05 Registered office address changed from 2 Leman Street London E1W 9US United Kingdom to Phoenix House Rear of 8-10 Hewell Road Barnt Green Birmingham B45 8NE on 2025-05-011 May 2025AD01 Appointment of Mr Andrew Blazye as a director on 2025-03-3110 April 2025AP01 Appointment of Mr Colin Brown as a director on 2025-03-3110 April 2025AP01 Accounts for a small company made up to 2023-12-3116 October 2024AA Confirmation statement made on 2024-05-16 with updates17 June 2024CS01 Registered office address changed from 66 Prescot St London E1 8NN England to 2 Leman Street London E1W 9US on 2024-05-1414 May 2024AD01 Registered office address changed from Eagle House 167 City Road London EC1V 1AW United Kingdom to 66 Prescot St London E1 8NN on 2023-09-2929 September 2023AD01 Accounts for a small company made up to 2022-12-3118 July 2023AA Confirmation statement made on 2023-05-16 with updates17 May 2023CS01 Accounts for a small company made up to 2021-12-317 November 2022AA Confirmation statement made on 2022-05-16 with updates16 May 2022CS01 Accounts for a small company made up to 2020-12-3128 September 2021AA Compulsory strike-off action has been discontinued11 August 2021DISS40 Confirmation statement made on 2021-05-16 with updates10 August 2021CS01 First Gazette notice for compulsory strike-off3 August 2021GAZ1 Accounts for a small company made up to 2019-12-3117 November 2020AA Confirmation statement made on 2020-05-16 with updates4 November 2020CS01 Director's details changed for Mr John Patrick Kiddy on 2020-10-3030 October 2020CH01 Change of details for Chase Cooper Limited as a person with significant control on 2020-06-2230 October 2020PSC05 Accounts for a small company made up to 2018-12-319 October 2019AA Confirmation statement made on 2019-05-16 with updates20 June 2019CS01 Termination of appointment of Gopala Subramanium as a director on 2018-09-1112 September 2018TM01 Termination of appointment of Michel Alfonsus Petrus Borst as a director on 2018-09-1112 September 2018TM01 Confirmation statement made on 2018-05-16 with updates26 July 2018CS01 Accounts for a small company made up to 2017-12-3126 April 2018AA Termination of appointment of Ralph James Horne as a director on 2018-02-268 March 2018TM01 Appointment of Mr Michel Alfonsus Petrus Borst as a director on 2018-02-268 March 2018AP01 Accounts for a small company made up to 2016-12-3118 September 2017AA Registered office address changed from Tempest House 9 Hewett Street London EC2A 3NN to Eagle House 167 City Road London EC1V 1AW on 2017-07-055 July 2017AD01 Confirmation statement made on 2017-05-16 with updates20 June 2017CS01 Appointment of Mr Gopala Subramanium as a director on 2016-10-128 November 2016AP01 Termination of appointment of Joseph Leslie Nash as a director on 2016-10-127 November 2016TM01 Annual return made up to 2016-05-16 with full list of shareholders19 May 2016AR01 Accounts for a small company made up to 2015-12-3112 April 2016AA Annual return made up to 2015-05-16 with full list of shareholders25 June 2015AR01 Director's details changed for Joseph Leslie Nash on 2015-05-0125 June 2015CH01 Director's details changed for Ralph James Horne on 2015-05-0125 June 2015CH01 Accounts for a small company made up to 2014-12-3127 March 2015AA Accounts for a small company made up to 2013-12-317 October 2014AA Annual return made up to 2014-05-16 with full list of shareholders3 July 2014AR01 Accounts for a small company made up to 2012-12-314 October 2013AA Annual return made up to 2013-05-16 with full list of shareholders15 August 2013AR01 Accounts for a small company made up to 2011-12-3124 September 2012AA Annual return made up to 2012-05-16 with full list of shareholders21 August 2012AR01 Registered office address changed from 5Th Floor (North Wing) Royal London House 22-25 Finsbury Square London EC2A 1DX on 2012-06-1111 June 2012AD01 Total exemption small company accounts made up to 2010-12-3120 September 2011AA Termination of appointment of Terence Jobson as a secretary9 August 2011TM02 Annual return made up to 2011-05-16 with full list of shareholders9 August 2011AR01 Total exemption full accounts made up to 2009-12-312 October 2010AA Appointment of Joseph Leslie Nash as a director20 August 2010AP01 Appointment of Ralph James Horne as a director20 August 2010AP01 Termination of appointment of Terence Jobson as a director19 August 2010TM01 Annual return made up to 2010-05-16 with full list of shareholders4 August 2010AR01 Full accounts made up to 2008-12-312 March 2010AA Registered office address changed from Noble House 39 Tabernacle Street London EC2A 4AA on 2009-12-3030 December 2009AD01 Legacy8 September 2009353
Legacy8 September 2009190
Legacy8 September 2009363a Legacy8 September 2009363a Accounts for a small company made up to 2007-12-319 April 2009AA Full accounts made up to 2006-12-3122 October 2008AA Legacy15 September 2007288b Legacy15 September 2007288b Legacy15 September 2007288b Legacy7 September 2007363s Full accounts made up to 2005-12-319 July 2007AA Legacy25 January 2007288b Legacy31 October 2005288a Legacy19 October 2005288b Legacy22 February 2005225 Legacy22 February 2005288a Legacy22 February 2005288a Total exemption small company accounts made up to 2004-08-312 December 2004AA Legacy24 November 2004288a Legacy15 November 2004288b Total exemption small company accounts made up to 2003-08-3122 March 2004AA Total exemption small company accounts made up to 2002-08-3120 November 2002AA Total exemption small company accounts made up to 2001-08-3130 November 2001AA Accounts for a small company made up to 2000-08-3113 December 2000AA Accounts for a small company made up to 1999-08-317 January 2000AA Accounts for a small company made up to 1998-08-3129 December 1998AA Accounts for a small company made up to 1997-08-3111 November 1997AA Accounts for a small company made up to 1996-08-314 November 1996AA Accounts for a small company made up to 1995-08-3114 November 1995AA Legacy11 September 1995288 A selection of documents registered before 1 January 19951 January 1995PRE95
Accounts for a small company made up to 1994-08-3120 December 1994AA Accounts for a small company made up to 1993-08-3113 December 1993AA Full accounts made up to 1992-08-3119 February 1993AA Full accounts made up to 1991-08-3122 November 1991AA Legacy17 October 1990224
Incorporation16 May 1990NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Grant Thornton Advisors (NI) LLP). 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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Related guides
The bigger picture
Frequently asked questions
- Is DBS Financial Systems Ltd. in creditors' voluntary liquidation?
- Yes. DBS Financial Systems Ltd. (company number 02502547) entered creditors' voluntary liquidation on 21 May 2026, by its creditors. Stephen Cave of Grant Thornton Advisors (NI) LLP was appointed as liquidator.
- Who is the liquidator of DBS Financial Systems Ltd.?
- Stephen Cave, a licensed insolvency practitioner at Grant Thornton Advisors (NI) LLP, was appointed liquidator of DBS Financial Systems Ltd. on 21 May 2026. Creditors can contact the liquidator directly to submit a claim.
- What does DBS Financial Systems Ltd. do?
- DBS Financial Systems Ltd.'s registered nature of business is other information technology service activities (SIC 62090). It is classified in the it & managed services sector.
- Where is DBS Financial Systems Ltd. based?
- DBS Financial Systems Ltd.'s registered office is 11-12 Hanover Square, London, W1S 1JJ. The registered office is the address held on the public register, which is not always the trading address.
- When was DBS Financial Systems Ltd. founded?
- DBS Financial Systems Ltd. was incorporated on 16 May 1990, 36 years before the liquidator was appointed.
- What is DBS Financial Systems Ltd.'s company number?
- DBS Financial Systems Ltd.'s registered company number is 02502547.
- Who has significant control of DBS Financial Systems Ltd.?
- 1 active person with significant control over DBS Financial Systems Ltd. is on the register: Risklogix Solutions Ltd.
- What does liquidation mean for creditors of DBS Financial Systems 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 DBS Financial Systems 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.
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