Is Finablr PLC in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, Finablr PLC (company number 11485051) entered creditors' voluntary liquidation on 6 March 2024, by its creditors. Stephen Goderski of PKF GM was appointed as liquidator.
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Finablr PLC 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
15 March 2022
Creditors' voluntary liquidation
6 March 2024 · PKF GM
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 11485051 |
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| Incorporated | 26 July 2018 (8 years old) |
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| Registered office | Pkf Gm 15 Westferry Circus, London, E14 4HD |
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| Nature of business (SIC) | 64205: Activities of financial services holding companies |
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| Date entered creditors' voluntary liquidation | 6 March 2024 |
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| Liquidator | Stephen Goderski, PKF GM (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 9 April 2022, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Finablr PLC is a UK limited company based in London, incorporated in 2018 and 6 years old when the liquidator was appointed. Its registered activity is activities of financial services holding companies (SIC 64205). There have been 18 director appointments since incorporation, of which 7 were on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.
Directors
18 people have been appointed as directors of Finablr PLC.
DirectorStatusAppointedResigned
+11 former directors · resigned 2019 to 2023
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.
Bavaguthu Raghuram Shetty
individual person with significant control · Indian · United Arab Emirates
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
SatisfiedCitibank, N.A., London Branch
A registered charge · Created 3 May 2019 · Satisfied 20 May 2019
SatisfiedCitibank, N.A., London Branch
A registered charge · Created 3 May 2019 · Satisfied 20 May 2019
What happened
EventDateType
Liquidators' statement of receipts and payments28 April 2026LIQ03
Liquidators' statement of receipts and payments to 2025-03-058 May 2025LIQ03
Resignation of a liquidator4 September 2024LIQ06
Appointment of a voluntary liquidator12 March 2024600
Notice of move from Administration case to Creditors Voluntary Liquidation6 March 2024AM22 +63 earlier events · 2018 to 2023
Administrator's progress report23 October 2023AM10 Administrator's progress report31 March 2023AM10 Termination of appointment of Bhairav Surendra Trivedi as a director on 2023-02-2024 February 2023TM01 Notice of extension of period of Administration21 February 2023AM19
Administrator's progress report14 October 2022AM10 Result of meeting of creditors25 May 2022AM07
Statement of administrator's proposal5 May 2022AM03 Statement of affairs with form AM02SOA9 April 2022AM02 Auditor's resignation24 March 2022AUD
Registered office address changed from Level 10 One Canada Square London E14 5AB England to Pkf Gm 15 Westferry Circus Canary Wharf London E14 4HD on 2022-03-2222 March 2022AD01 Appointment of an administrator15 March 2022AM01 Termination of appointment of Binay Shetty as a director on 2021-11-121 March 2022TM01 Compulsory strike-off action has been suspended15 February 2022DISS16(SOAS) First Gazette notice for compulsory strike-off11 January 2022GAZ1 Termination of appointment of Nitin Gautam as a secretary on 2021-07-313 August 2021TM02 Confirmation statement made on 2021-07-25 with updates30 July 2021CS01 Appointment of Mr. Robert John Miller as a director on 2021-01-016 January 2021AP01 Appointment of Mr Nitin Gautam as a secretary on 2020-12-2728 December 2020AP03 Termination of appointment of Robert Keith Moorhouse as a secretary on 2020-12-1818 December 2020TM02 Registered office address changed from 17th Floor the Tower, the Bower 207 Old Street London EC1V 9NR United Kingdom to Level 10 One Canada Square London E14 5AB on 2020-11-066 November 2020AD01 Termination of appointment of Karim Aly Awad Saleh Salama as a director on 2020-09-3030 September 2020TM01 Termination of appointment of Bavaguthu Raghuram Shetty as a director on 2020-08-1618 August 2020TM01 Confirmation statement made on 2020-07-25 with no updates18 August 2020CS01 Previous accounting period extended from 2019-12-31 to 2020-02-2823 June 2020AA01 Auditor's resignation19 May 2020AUD
Termination of appointment of Promoth Manghat as a director on 2020-03-151 April 2020TM01 Appointment of Mr Bhairav Surendra Trivedi as a director on 2020-03-311 April 2020AP01 Termination of appointment of Bassam Elias Hage as a director on 2020-03-271 April 2020TM01 Termination of appointment of Abdulrahman Sadiq Salim Basaddiq as a director on 2020-03-271 April 2020TM01 Register(s) moved to registered office address 17th Floor the Tower, the Bower 207 Old Street London EC1V 9NR21 November 2019AD04 Statement of capital on 2019-11-066 November 2019SH19 Certificate of reduction of issued capital6 November 2019CERT15
Legacy6 November 2019OC138
Appointment of Mr Bassam Elias Hage as a director on 2019-08-1921 August 2019AP01 Confirmation statement made on 2019-07-25 with updates7 August 2019CS01 Statement of capital following an allotment of shares on 2019-05-1427 June 2019SH01 Statement of capital on 2019-05-1413 June 2019SH02 Statement of capital following an allotment of shares on 2019-05-2013 June 2019SH01 Satisfaction of charge 114850510002 in full20 May 2019MR04 Full accounts made up to 2018-12-3120 May 2019AA Satisfaction of charge 114850510001 in full20 May 2019MR04 Director's details changed for His Excellency Sheikha Lubna Khalid Al Qasimi on 2019-04-2615 May 2019CH01 Registration of charge 114850510001, created on 2019-05-0314 May 2019MR01 Registration of charge 114850510002, created on 2019-05-0314 May 2019MR01 Appointment of His Excellency Sheikha Lubna Khalid Al Qasimi as a director on 2019-04-2613 May 2019AP01 Appointment of Mr Sudhir Kumar Yenmakaje Shetty as a director on 2019-04-269 May 2019AP01 Appointment of Mr Gavin Crawford Laws as a director on 2019-04-269 May 2019AP01 Appointment of Mr Karim Aly Awad Saleh Salama as a director on 2019-04-269 May 2019AP01 Termination of appointment of Hackwood Secretaries Limited as a secretary on 2019-04-0512 April 2019TM02 Appointment of Mr Julian Francis Wynter as a director on 2019-04-0112 April 2019AP01 Appointment of Mr Robert Douglas Dowie as a director on 2019-04-0112 April 2019AP01 Appointment of Mr Michael Hardwick Tomalin as a director on 2019-04-0112 April 2019AP01 Appointment of Mr Abdulrahman Sadiq Salim Basaddiq as a director on 2019-04-0112 April 2019AP01 Appointment of Robert Keith Moorhouse as a secretary on 2019-04-0512 April 2019AP03 Termination of appointment of Nizamuddin Elavakkat Abubekker as a director on 2019-04-044 April 2019TM01 Register inspection address has been changed to C/O Hackwood Secretaries Limited One Silk Street London EC2Y 8HQ25 March 2019AD02 Register(s) moved to registered inspection location C/O Hackwood Secretaries Limited One Silk Street London EC2Y 8HQ25 March 2019AD03 Registered office address changed from C/O Hackwood Secretaries Limited One Silk Street London EC2Y 8HQ United Kingdom to 17th Floor the Tower, the Bower 207 Old Street London EC1V 9NR on 2019-03-2222 March 2019AD01 Trading certificate for a public company1 August 2018SH50 Legacy1 August 2018CERT8A
Current accounting period shortened from 2019-07-31 to 2018-12-3131 July 2018AA01 Director's details changed for Mr Nizamuddin Elavakkat Abubekker on 2018-07-2630 July 2018CH01 Incorporation26 July 2018NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (PKF GM). 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 Finablr PLC in creditors' voluntary liquidation?
- Yes. Finablr PLC (company number 11485051) entered creditors' voluntary liquidation on 6 March 2024, by its creditors. Stephen Goderski of PKF GM was appointed as liquidator.
- Who is the liquidator of Finablr PLC?
- Stephen Goderski, a licensed insolvency practitioner at PKF GM, was appointed liquidator of Finablr PLC on 6 March 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Finablr PLC do?
- Finablr PLC's registered nature of business is activities of financial services holding companies (SIC 64205).
- Where is Finablr PLC based?
- Finablr PLC's registered office is Pkf Gm 15 Westferry Circus, London, E14 4HD. The registered office is the address held on the public register, which is not always the trading address.
- When was Finablr PLC founded?
- Finablr PLC was incorporated on 26 July 2018, 6 years before the liquidator was appointed.
- What is Finablr PLC's company number?
- Finablr PLC's registered company number is 11485051.
- Who has significant control of Finablr PLC?
- 1 active person with significant control over Finablr PLC is on the register: Bavaguthu Raghuram Shetty.
- What does liquidation mean for creditors of Finablr PLC?
- 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 Finablr PLC'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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