HomeCompanies in AdministrationManufacturingFairline Yachts Limited

Is Fairline Yachts Limited in administration?

Last verified 11 July 2026
In AdministrationYes, Fairline Yachts Limited (company number 09937735) entered administration on 28 January 2025.

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Fairline Yachts Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Administration
Company number09937735
Incorporated6 January 2016 (10 years old)
Registered officeSuite 3, Avery House, 69 North Street, Brighton, BN41 1DH
Nature of business (SIC)30120: Building of pleasure and sporting boats (Manufacturing)
Date entered administration28 January 2025
Statement of AffairsFiled 10 April 2025, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Fairline Yachts Limited is a manufacturing business based in Brighton, incorporated in 2016 and 9 years old when the administrator was appointed. Its registered activity is building of pleasure and sporting boats (SIC 30120). There have been 19 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 2 of which are still outstanding.

Directors

19 people have been appointed as directors of Fairline Yachts Limited.

DirectorStatusResigned
Peter John HamlynResigned22 Apr 2026
Martyn HicksResigned10 Dec 2024
Hitesh KatechiaResigned9 Dec 2024
Paul John GrysResigned16 Aug 2023
Priteshkumar Murji PankhaniaResigned17 Mar 2023
Peter Joseph McNultyResigned31 Dec 2021
13 former directors · resigned 2016 to 2021
David Andrew McHughResigned12 Jun 2021
Michel Marie Raoul Gerard PeretieResigned12 Jun 2021
Peter Joseph McNultyResigned1 Apr 2021
Jason Edward Carley+ 1 otherResigned31 Mar 2021
Larisa BondarevaResigned1 Jul 2020
Igor GlyanenkoResigned1 Jul 2020
Alexander VolovResigned1 Jul 2020
David Rolfe TydemanResigned21 Jan 2020
Andrey LomakinResigned18 Oct 2019
Martyn John HicksResigned17 Apr 2019
Karl Tristan GildingResigned12 Apr 2019
Russell CurrieResigned31 Oct 2018
Dmitry MakarovResigned10 Sep 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.

3 ceased controls
  • Mr Igor Glyanenko · ceased 1 Jul 2020
  • Mr Alexander Volov · ceased 1 Jul 2020
  • Fairline Yachts Holding Limited · ceased 4 Dec 2024

Charges register

Secured creditors and encumbrances against the company. 2 outstanding · 2 satisfied.

Status · Creditor · Type · Dates
OutstandingDf Capital Bank Limited
A registered charge · Created 2 Nov 2022 · Pending
SatisfiedRiverrock European Opportunities Fund Ii Limited as Original Purchaser (As Defined in the Instrument)
A registered charge · Created 21 Aug 2019 · Satisfied 17 Jun 2021
OutstandingBarclays Bank PLC
A registered charge · Created 7 Apr 2016 · Pending
SatisfiedBarclays Bank PLC
A registered charge · Created 7 Apr 2016 · Satisfied 15 Jun 2017

What happened

EventDateType
Termination of appointment as a director27 April 2026TM01
Administrator's progress report27 February 2026AM10
Notice of extension of period of Administration2 February 2026AM19
Registered office address changed23 October 2025AD01
Administrator's progress report22 August 2025AM10
99 earlier events · 2016 to 2025
Statement of administrator's proposal22 April 2025AM03
Statement of affairs10 April 2025AM02
Notice of deemed approval of proposals10 April 2025AM06
Statement of affairs21 March 2025AM02
Registered office address changed28 January 2025AD01
Appointment of an administrator28 January 2025AM01
Termination of appointment as a director18 December 2024TM01
Termination of appointment as a director18 December 2024TM01
Appointment as a director18 December 2024AP01
Cessation as a person with significant control5 December 2024PSC07
Notification as a person with significant control5 December 2024PSC02
Confirmation statement made with updates4 December 2024CS01
Full accounts made up10 October 2024AA
Statement of capital following an allotment of shares22 April 2024SH01
Statement of capital following an allotment of shares5 April 2024SH01
Statement of capital following an allotment of shares5 April 2024SH01
Statement of capital following an allotment of shares5 April 2024SH01
Statement of capital following an allotment of shares5 April 2024SH01
Full accounts made up29 December 2023AA
Confirmation statement made with updates11 December 2023CS01
Statement of capital following an allotment of shares10 October 2023SH01
Termination of appointment as a director18 September 2023TM01
Appointment as a director18 September 2023AP01
Appointment as a director18 September 2023AP01
Full accounts made up24 July 2023AA
Termination of appointment as a director28 March 2023TM01
Confirmation statement made with no updates16 December 2022CS01
Registration of charge , created15 November 2022MR01
Full accounts made up10 February 2022AA
Appointment as a director22 January 2022AP01
Termination of appointment as a director22 January 2022TM01
Confirmation statement made with updates7 December 2021CS01
Change of details as a person with significant control7 December 2021PSC05
Satisfaction of charge in full17 June 2021MR04
Statement of capital following an allotment of shares16 June 2021SH01
Notification as a person with significant control16 June 2021PSC02
Withdrawal of a person with significant control statement16 June 2021PSC09
Appointment as a director16 June 2021AP01
Appointment as a director16 June 2021AP01
Termination of appointment as a director15 June 2021TM01
Termination of appointment as a director15 June 2021TM01
Statement of capital following an allotment of shares14 June 2021SH01
Termination of appointment as a director22 April 2021TM01
Appointment as a director31 March 2021AP01
Termination of appointment as a director31 March 2021TM01
Full accounts made up17 March 2021AA
Confirmation statement made with updates23 November 2020CS01
Appointment as a director7 July 2020AP01
Termination of appointment as a director2 July 2020TM01
Termination of appointment as a director2 July 2020TM01
Notification of a person with significant control statement2 July 2020PSC08
Cessation as a person with significant control2 July 2020PSC07
Cessation as a person with significant control2 July 2020PSC07
Termination of appointment as a director2 July 2020TM01
Appointment as a director2 July 2020AP01
Appointment as a director2 July 2020AP01
Termination of appointment as a director31 January 2020TM01
Confirmation statement made with updates12 January 2020CS01
Full accounts made up9 December 2019AA
Termination of appointment as a director7 November 2019TM01
Resolutions5 September 2019RESOLUTIONS
Registration of charge , created29 August 2019MR01
Statement of capital following an allotment of shares12 August 2019SH01
Change of details as a person with significant control19 July 2019PSC04
Termination of appointment as a director18 April 2019TM01
Termination of appointment as a director18 April 2019TM01
Statement of capital following an allotment of shares10 March 2019SH01
Confirmation statement made with updates18 January 2019CS01
Statement of capital following an allotment of shares28 December 2018SH01
Full accounts made up29 November 2018AA
Termination of appointment as a director6 November 2018TM01
Statement of capital following an allotment of shares10 October 2018SH01
Appointment as a director10 October 2018AP01
Appointment as a director24 September 2018AP01
Appointment as a director24 September 2018AP01
Statement of capital following an allotment of shares20 June 2018SH01
Confirmation statement made with updates19 January 2018CS01
Full accounts made up5 October 2017AA
Statement of capital following an allotment of shares4 October 2017SH01
Purchase of own shares27 July 2017SH03
Cancellation of shares. Statement of capital18 July 2017SH06
Statement of capital following an allotment of shares17 July 2017SH01
Satisfaction of charge in full15 June 2017MR04
Statement of capital following an allotment of shares20 January 2017SH01
Consolidation of shares20 January 2017SH02
Confirmation statement made with updates18 January 2017CS01
Statement of capital following an allotment of shares18 January 2017SH01
Current accounting period shortened14 December 2016AA01
Appointment as a director13 December 2016AP01
Appointment as a director18 November 2016AP01
Termination of appointment as a director23 September 2016TM01
Registered office address changed7 June 2016AD01
Registration of charge , created15 April 2016MR01
Registration of charge , created15 April 2016MR01
Appointment as a director23 March 2016AP01
Appointment as a director23 March 2016AP01
Appointment as a director23 March 2016AP01
Certificate of change of name26 January 2016CERTNM
Change of name notice26 January 2016CONNOT
Incorporation6 January 2016NEWINC

What this means for you

If you are a creditor

Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.

A creditor's checklist

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

Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.

How retention of title works

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Other manufacturing companies in administration

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Related guides

What “in administration” meansCan it still trade?Warning signs in your other customersBuying its assets? A checklistWhat the filings mean

The bigger picture

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Frequently asked questions

Is Fairline Yachts Limited in administration?
Yes. Fairline Yachts Limited (company number 09937735) entered administration on 28 January 2025.
What does Fairline Yachts Limited do?
Fairline Yachts Limited's registered nature of business is building of pleasure and sporting boats (SIC 30120). It is classified in the manufacturing sector.
Where is Fairline Yachts Limited based?
Fairline Yachts Limited's registered office is Suite 3, Avery House, 69 North Street, Brighton, BN41 1DH. The registered office is the address held on the public register, which is not always the trading address.
When was Fairline Yachts Limited founded?
Fairline Yachts Limited was incorporated on 6 January 2016, 9 years before the administrator was appointed.
What is Fairline Yachts Limited's company number?
Fairline Yachts Limited's registered company number is 09937735.
Who has significant control of Fairline Yachts Limited?
1 active person with significant control over Fairline Yachts Limited is on the register: Arrowbolt Propulsion Systems Limited.
Does Fairline Yachts Limited have any outstanding charges?
2 outstanding charges are registered against Fairline Yachts Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at Fairline Yachts Limited at risk?
When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
What does administration mean for creditors of Fairline Yachts Limited?
Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
When did Fairline Yachts Limited go into administration?
Fairline Yachts Limited went into administration on 28 January 2025.

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