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Draco Construction Ltd Is Draco Construction Ltd in creditors' voluntary liquidation?
Last verified 11 July 2026
Yes, Draco Construction Ltd (company number 13637233) entered creditors' voluntary liquidation on 9 July 2026, by its creditors. Michael James Gregson of GS Insolvency was appointed as liquidator.
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Draco Construction 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 | 13637233 |
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| Incorporated | 22 September 2021 (5 years old) |
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| Registered office | 3 Castlegate, Grantham, Lincolnshire, NG31 6SF |
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| Nature of business (SIC) | 43290: Other construction installation (Construction) |
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| Date entered creditors' voluntary liquidation | 9 July 2026 |
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| Liquidator | Michael James Gregson, GS Insolvency (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
Draco Construction Ltd is a construction business based in Grantham, incorporated in 2021 and 5 years old when the liquidator was appointed. Its registered activity is other construction installation (SIC 43290). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
2 people have been appointed as directors of Draco Construction 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 Gary Antony Crossland
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Mr Matthew John Stanway
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingBibby Financial Services Limited (As Security Trustee)
A registered charge · Created 31 Oct 2025 · Pending
What happened
EventDateType
Appointment of a voluntary liquidator22 July 2026600
Statement of affairs21 July 2026LIQ02
Creditors' voluntary liquidationStatus9 July 2026
Micro company accounts made up to 2025-10-3125 February 2026AA Registration of charge 136372330001, created on 2025-10-3131 October 2025MR01 +14 earlier events · 2021 to 2025
Change of details for Mr Gary Antony Crossland as a person with significant control on 2025-09-2525 September 2025PSC04 Confirmation statement made on 2025-09-21 with updates25 September 2025CS01 Micro company accounts made up to 2024-10-3124 January 2025AA Change of details for Mr Gary Antony Crossland as a person with significant control on 2024-09-1825 September 2024PSC04 Change of details for Mr Matthew John Stanway as a person with significant control on 2024-09-1825 September 2024PSC04 Confirmation statement made on 2024-09-21 with updates25 September 2024CS01 Registered office address changed from C/O Realise Finance Ltd Gloucester House 23a London Road Peterborough PE2 8AN England to 3 Castlegate Grantham Lincolnshire NG31 6SF on 2024-03-2121 March 2024AD01 Micro company accounts made up to 2023-10-3123 February 2024AA Confirmation statement made on 2023-09-21 with no updates25 September 2023CS01 Micro company accounts made up to 2022-10-3120 February 2023AA Confirmation statement made on 2022-09-21 with no updates22 September 2022CS01 Current accounting period extended from 2022-09-30 to 2022-10-3121 September 2022AA01 Termination of appointment of Gary Antony Crossland as a director on 2022-01-1919 January 2022TM01 Registered office address changed from C/O Realise Finance Ltd 1 Milnyard Square Orton Southgate Peterborough Cambridgeshire PE2 6GX United Kingdom to C/O Realise Finance Ltd Gloucester House 23a London Road Peterborough PE2 8AN on 2021-12-1414 December 2021AD01 Incorporation22 September 2021NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (GS Insolvency). 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 Draco Construction Ltd in creditors' voluntary liquidation?
- Yes. Draco Construction Ltd (company number 13637233) entered creditors' voluntary liquidation on 9 July 2026, by its creditors. Michael James Gregson of GS Insolvency was appointed as liquidator.
- Who is the liquidator of Draco Construction Ltd?
- Michael James Gregson, a licensed insolvency practitioner at GS Insolvency, was appointed liquidator of Draco Construction Ltd on 9 July 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Draco Construction Ltd do?
- Draco Construction Ltd's registered nature of business is other construction installation (SIC 43290). It is classified in the construction sector.
- Where is Draco Construction Ltd based?
- Draco Construction Ltd's registered office is 3 Castlegate, Grantham, Lincolnshire, NG31 6SF. The registered office is the address held on the public register, which is not always the trading address.
- When was Draco Construction Ltd founded?
- Draco Construction Ltd was incorporated on 22 September 2021, 5 years before the liquidator was appointed.
- What is Draco Construction Ltd's company number?
- Draco Construction Ltd's registered company number is 13637233.
- Who has significant control of Draco Construction Ltd?
- 2 active people with significant control over Draco Construction Ltd are on the register: Mr Gary Antony Crossland, Mr Matthew John Stanway.
- Does Draco Construction Ltd have any outstanding charges?
- an outstanding charge is registered against Draco Construction 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 Draco Construction 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 Draco Construction 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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