HomeCompanies in LiquidationFacultasys Ltd

Is Facultasys Ltd in creditors' voluntary liquidation?

Last verified 26 May 2026
In Creditors' Voluntary LiquidationYes, Facultasys Ltd (company number 07861135) entered creditors' voluntary liquidation on 19 March 2024, by its creditors. Christopher David Horner of null was appointed as liquidator.

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Facultasys 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

StatusIn Creditors' Voluntary Liquidation
Company number07861135
Incorporated25 November 2011 (15 years old)
Registered officeC/O Business Rescue Expert, Darlington, DL3 7SD
Nature of business (SIC)62090: Other information technology service activities (IT & managed services)
Date entered creditors' voluntary liquidation19 March 2024
LiquidatorChristopher David Horner, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Facultasys Ltd is a it & managed services business based in Darlington, incorporated in 2011 and 13 years old when the liquidator was appointed. Its registered activity is other information technology service activities (SIC 62090). There have been 2 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

2 people have been appointed as directors of Facultasys Ltd.

DirectorStatusResigned
Mohita UsmaniActive
Jamill UsmaniActive

Persons with significant control

Individuals or entities with significant influence or control.

What happened

EventDateType
Liquidators' statement of receipts and payments15 May 2026LIQ03
Liquidators' statement of receipts and payments to 2025-03-1820 May 2025LIQ03
Registered office address changed from 118 Townley Gardens Aston Birmingham B6 6LR to C/O Business Rescue Expert 49 Duke Street Darlington County Durham DL3 7SD on 2024-03-2727 March 2024AD01
Statement of affairs27 March 2024LIQ02
Appointment of a voluntary liquidator27 March 2024600
32 earlier events · 2012 to 2024
Resolutions27 March 2024RESOLUTIONS
Creditors' voluntary liquidationStatus19 March 2024
Confirmation statement made on 2023-11-25 with no updates27 December 2023CS01
Amended accounts for a dormant company made up to 2022-11-3019 October 2023AAMD
Micro company accounts made up to 2022-11-3031 August 2023AA
Compulsory strike-off action has been discontinued18 February 2023DISS40
Confirmation statement made on 2022-11-25 with no updates17 February 2023CS01
First Gazette notice for compulsory strike-off14 February 2023GAZ1
Micro company accounts made up to 2021-11-3030 September 2022AA
Confirmation statement made on 2021-11-25 with no updates25 January 2022CS01
Micro company accounts made up to 2020-11-3031 August 2021AA
Amended micro company accounts made up to 2019-11-307 July 2021AAMD
Compulsory strike-off action has been discontinued15 April 2021DISS40
Confirmation statement made on 2020-11-25 with no updates14 April 2021CS01
First Gazette notice for compulsory strike-off13 April 2021GAZ1
Micro company accounts made up to 2019-11-3014 December 2020AA
Confirmation statement made on 2019-11-25 with no updates3 December 2019CS01
Micro company accounts made up to 2018-11-3028 August 2019AA
Confirmation statement made on 2018-11-25 with no updates18 January 2019CS01
Micro company accounts made up to 2017-11-3031 August 2018AA
Confirmation statement made on 2017-11-25 with no updates28 December 2017CS01
Micro company accounts made up to 2016-11-3018 August 2017AA
Confirmation statement made on 2016-11-25 with updates27 January 2017CS01
Total exemption small company accounts made up to 2015-11-3031 August 2016AA
Amended total exemption small company accounts made up to 2014-11-306 December 2015AAMD
Annual return made up to 2015-11-25 with full list of shareholders27 November 2015AR01
Accounts for a dormant company made up to 2014-11-3031 August 2015AA
Annual return made up to 2014-11-25 with full list of shareholders7 January 2015AR01
Accounts for a dormant company made up to 2013-11-3013 August 2014AA
Annual return made up to 2013-11-25 with full list of shareholders29 January 2014AR01
Accounts for a dormant company made up to 2012-11-3030 August 2013AA
Annual return made up to 2012-11-25 with full list of shareholders10 December 2012AR01
Incorporation25 November 2011NEWINC

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

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Other it & managed services companies in creditors' voluntary liquidation

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Related guides

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Facultasys Ltd in creditors' voluntary liquidation?
Yes. Facultasys Ltd (company number 07861135) entered creditors' voluntary liquidation on 19 March 2024, by its creditors. Christopher David Horner of null was appointed as liquidator.
Who is the liquidator of Facultasys Ltd?
Christopher David Horner, a licensed insolvency practitioner at null, was appointed liquidator of Facultasys Ltd on 19 March 2024. Creditors can contact the liquidator directly to submit a claim.
What does Facultasys Ltd do?
Facultasys 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 Facultasys Ltd based?
Facultasys Ltd's registered office is C/O Business Rescue Expert, Darlington, DL3 7SD. The registered office is the address held on the public register, which is not always the trading address.
When was Facultasys Ltd founded?
Facultasys Ltd was incorporated on 25 November 2011, 13 years before the liquidator was appointed.
What is Facultasys Ltd's company number?
Facultasys Ltd's registered company number is 07861135.
Who has significant control of Facultasys Ltd?
1 active person with significant control over Facultasys Ltd is on the register: Mr Jamill Usmani.
What does liquidation mean for creditors of Facultasys 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 Facultasys 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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