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Drefyc (2024) Realisations Ltd Is Drefyc (2024) Realisations Ltd in creditors' voluntary liquidation?
Last verified 11 July 2026
Yes, Drefyc (2024) Realisations Ltd (company number 12184449) entered creditors' voluntary liquidation on 2 July 2026, by its creditors. Marco Piacquadio of FTS Recovery Limited was appointed as liquidator.
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Drefyc (2024) Realisations 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
Administration
8 July 2024 · FTS Recovery Limited
Creditors' voluntary liquidation
2 July 2026 · FTS Recovery Limited
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 12184449 |
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| Incorporated | 2 September 2019 (7 years old) |
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| Registered office | Ground Floor Baird House Seebeck Place, Knowlhill, Milton Keynes, MK5 8FR |
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| Nature of business (SIC) | 62012: Business and domestic software development (IT & managed services) |
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| Date entered creditors' voluntary liquidation | 2 July 2026 |
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| Liquidator | Marco Piacquadio, FTS Recovery 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
Drefyc (2024) Realisations Ltd is a it & managed services business based in Milton Keynes, incorporated in 2019 and 7 years old when the liquidator was appointed. Its registered activity is business and domestic software development (SIC 62012). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 3 charges have been registered against the company, all of which are recorded as satisfied.
Directors
2 people have been appointed as directors of Drefyc (2024) Realisations 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.
Krae Limited
corporate entity person with significant control
Ownership of shares 50-75%Voting rights 50-75%Right to appoint and remove directors
1 ceased control
- Mr Ranjit Bahia · ceased 10 Sep 2021
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
Part-satisfiedBgii Origination LTD (As Security Trustee)
A registered charge · Created 12 Oct 2022
Part-satisfiedKensington Capital Group Limited
A registered charge · Created 13 Jan 2021
Part-satisfiedKensington Capital Group Limited
A registered charge · Created 16 Sep 2020
What happened
EventDateType
Appointment of a voluntary liquidator24 July 2026600
Notice of move from Administration case to Creditors Voluntary Liquidation2 July 2026AM22 Administrator's progress report5 August 2025AM10 Notice of extension of period of Administration17 July 2025AM19
Administrator's progress report4 February 2025AM10 +86 earlier events · 2020 to 2025
Confirmation statement made with updates16 January 2025CS01 Notice of deemed approval of proposals26 September 2024AM06
Statement of administrator's proposal18 September 2024AM03 Statement of administrator's proposal18 September 2024AM03 Registered office address changed8 July 2024AD01 Appointment of an administrator8 July 2024AM01 Certificate of change of name3 July 2024CERTNM Termination of appointment as a secretary25 June 2024TM02 Satisfaction of charge in part25 June 2024MR04 Satisfaction of charge in part25 June 2024MR04 Satisfaction of charge in part25 June 2024MR04 Change of share class name or designation22 June 2024SH08 Particulars of variation of rights attached to shares22 June 2024SH10 Memorandum and Articles of Association21 June 2024MA Statement of capital following an allotment of shares19 June 2024SH01 Memorandum and Articles of Association26 March 2024MA Total exemption full accounts made up12 December 2023AA Confirmation statement made with updates8 December 2023CS01 Statement of capital following an allotment of shares2 November 2023SH01 Statement of capital following an allotment of shares31 October 2023SH01 Statement of capital following an allotment of shares30 October 2023SH01 Statement of capital following an allotment of shares26 October 2023SH01 Statement of capital following an allotment of shares24 October 2023SH01 Statement of capital following an allotment of shares11 October 2023SH01 Change of details for a person with significant control27 February 2023PSC04 Secretary's details changed20 February 2023CH03 Confirmation statement made with updates12 February 2023CS01 Statement of capital following an allotment of shares10 February 2023SH01 Appointment as a secretary7 February 2023AP03 Statement of capital following an allotment of shares4 February 2023SH01 Statement of capital following an allotment of shares3 February 2023SH01 Second filing of Confirmation Statement dated1 February 2023RP04CS01 Statement of capital following an allotment of shares23 January 2023SH01 Particulars of variation of rights attached to shares19 January 2023SH10 Change of share class name or designation19 January 2023SH08 Total exemption full accounts made up25 November 2022AA Registration of charge , created28 October 2022MR01 Confirmation statement made with updates12 October 2022CS01 Director's details changed14 June 2022CH01 Registered office address changed13 June 2022AD01 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Change of share class name or designation2 March 2022SH08 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Particulars of variation of rights attached to shares1 March 2022SH10 Total exemption full accounts made up17 January 2022AA Cessation as a person with significant control26 November 2021PSC07 Notification as a person with significant control26 November 2021PSC01 Notification as a person with significant control26 November 2021PSC02 Memorandum and Articles of Association22 November 2021MA Withdrawal of a person with significant control statement22 November 2021PSC09 Confirmation statement made with updates16 September 2021CS01 Total exemption full accounts made up28 May 2021AA Statement of capital following an allotment of shares10 February 2021SH01 Registration of charge , created26 January 2021MR01 Confirmation statement made with no updates12 November 2020CS01 Statement of capital following an allotment of shares11 November 2020SH01 Registration of charge , created7 October 2020MR01 Incorporation2 September 2019NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (FTS Recovery 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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Related guides
The bigger picture
Frequently asked questions
- Is Drefyc (2024) Realisations Ltd in creditors' voluntary liquidation?
- Yes. Drefyc (2024) Realisations Ltd (company number 12184449) entered creditors' voluntary liquidation on 2 July 2026, by its creditors. Marco Piacquadio of FTS Recovery Limited was appointed as liquidator.
- Who is the liquidator of Drefyc (2024) Realisations Ltd?
- Marco Piacquadio, a licensed insolvency practitioner at FTS Recovery Limited, was appointed liquidator of Drefyc (2024) Realisations Ltd on 2 July 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Drefyc (2024) Realisations Ltd do?
- Drefyc (2024) Realisations Ltd's registered nature of business is business and domestic software development (SIC 62012). It is classified in the it & managed services sector.
- Where is Drefyc (2024) Realisations Ltd based?
- Drefyc (2024) Realisations Ltd's registered office is Ground Floor Baird House Seebeck Place, Knowlhill, Milton Keynes, MK5 8FR. The registered office is the address held on the public register, which is not always the trading address.
- When was Drefyc (2024) Realisations Ltd founded?
- Drefyc (2024) Realisations Ltd was incorporated on 2 September 2019, 7 years before the liquidator was appointed.
- What is Drefyc (2024) Realisations Ltd's company number?
- Drefyc (2024) Realisations Ltd's registered company number is 12184449.
- Who has significant control of Drefyc (2024) Realisations Ltd?
- 1 active person with significant control over Drefyc (2024) Realisations Ltd is on the register: Krae Limited.
- What does liquidation mean for creditors of Drefyc (2024) Realisations 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 Drefyc (2024) Realisations 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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