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Force India Formula One Team Limited Is Force India Formula One Team Limited in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Force India Formula One Team Limited (company number 02417588) entered creditors' voluntary liquidation on 5 August 2019, by its creditors. Geoffrey Paul Rowley of null was appointed as liquidator.
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Force India Formula One Team Limited 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
14 August 2018
Creditors' voluntary liquidation
5 August 2019
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 02417588 |
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| Previously known as | - Spyker F1 Team Limited, Oct 2006 to Oct 2007
- Spyker Mf1 Team Limited, Oct 2006 to Oct 2006
- Midland F1 Racing Limited, Nov 2005 to Oct 2006
- Jordan Grand Prix Limited, Jun 1990 to Nov 2005
- Totas Euroservices Limited, Aug 1989 to Jun 1990
|
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| Incorporated | 29 August 1989 (37 years old) |
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| Registered office | 2nd Floor 110 Cannon Street, London, Ec4n 6eu, EC4N 6EU |
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| Nature of business (SIC) | 29100: Manufacture of motor vehicles (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 5 August 2019 |
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| Liquidator | Geoffrey Paul Rowley, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Force India Formula One Team Limited is a manufacturing business based in London, incorporated in 1989 and 30 years old when the liquidator was appointed. Its registered activity is manufacture of motor vehicles (SIC 29100). There have been 27 director appointments since incorporation, of which 8 were on the board when the liquidator was appointed, alongside 1 person with significant control. 19 charges have been registered against the company, all of which are recorded as satisfied.
Directors
27 people have been appointed as directors of Force India Formula One Team Limited.
DirectorStatusAppointedResigned
+21 former directors · resigned 2001 to 2025
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.
Orange India Holdings S.A.R.L
corporate entity person with significant control
Ownership of shares 75-100%
Since 6 Apr 2016
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 19 satisfied.
Status · Creditor · Type · Dates
SatisfiedInvestec Bank PLC
Sixth supplemental security assignment · Created 24 Aug 2012 · Satisfied 1 Dec 2014
SatisfiedInvestec Bank PLC
Fifth supplemental security assignment · Created 14 Dec 2011 · Satisfied 1 Dec 2014
SatisfiedInvestec Bank PLC
A second supplemental account charge · Created 14 Dec 2011 · Satisfied 9 May 2017
SatisfiedInvestec Bank PLC
Fourth supplemental security assignment · Created 29 Jul 2010 · Satisfied 1 Dec 2014
SatisfiedInvestec Bank PLC
A supplemental account charge · Created 29 Jul 2010 · Satisfied 23 May 2017
+13 earlier charges · 1991 to 2009
SatisfiedInvestec Bank PLC
Second supplemental security assignment · Created 29 Oct 2009 · Satisfied 1 Dec 2014
SatisfiedInvestec Bank (UK) Limited
Charge over accounts · Created 11 Jul 2008 · Satisfied 23 May 2017
SatisfiedInvestec Bank (UK) Limited
Security assignment · Created 11 Jul 2008 · Satisfied 1 Dec 2014
SatisfiedFortis Bank Sa-Nv UK Branch
Charge and release over deposit · Created 11 Mar 2008 · Satisfied 13 Jul 2016
SatisfiedAbn Amro Bank N.V.
Assignment · Created 8 Dec 2006 · Satisfied 21 Feb 2008
SatisfiedFortis Bank S.A./N.V
Legal charge · Created 27 Jul 2005 · Satisfied 28 Mar 2008
SatisfiedFortis Bank S.A./N.V.
Legal charge · Created 22 Mar 2005 · Satisfied 17 Apr 2008
SatisfiedFortis Bank S.A./N.V.
Debenture · Created 22 Mar 2005 · Satisfied 17 Apr 2008
SatisfiedAib Group (UK) PLC
Legal mortgage · Created 5 Mar 2002 · Satisfied 23 Feb 2005
SatisfiedAib Group (UK) PLC
Legal mortgage · Created 5 Mar 2002 · Satisfied 2 Oct 2007
SatisfiedAib Group (UK) PLC
Legal mortgage · Created 25 Nov 1997 · Satisfied 23 Feb 2005
SatisfiedAib Group (UK) P.L.C.
Charge over deposits · Created 25 Jun 1997 · Satisfied 2 Oct 2007
SatisfiedAllied Irish Banks Pl.C.
Legal mortgage · Created 19 Sep 1991 · Satisfied 2 Oct 2007
SatisfiedAllied Irish Banks P.L.C.
Mortgage debenture · Created 4 Jan 1991 · Satisfied 2 Oct 2007
What happened
EventDateType
Termination of appointment as a director18 December 2025TM01 Liquidators' statement of receipts and payments22 September 2025LIQ03
Liquidators' statement of receipts and payments2 October 2024LIQ03
Liquidators' statement of receipts and payments7 October 2023LIQ03
Removal of liquidator by court order24 October 2022LIQ10
+191 earlier events · 1989 to 2022
Notice of move from Administration case to Creditors Voluntary Liquidation17 October 2022AM22 Liquidators' statement of receipts and payments5 October 2022LIQ03
Appointment of a voluntary liquidator23 September 2022600
Liquidators' statement of receipts and payments16 September 2022LIQ03
Liquidators' statement of receipts and payments16 September 2022LIQ03
Termination of appointment as a director16 September 2022TM01 Liquidators' statement of receipts and payments30 September 2021LIQ03
Appointment of a voluntary liquidator28 August 2019600
Notice of move from Administration case to Creditors Voluntary Liquidation5 August 2019AM22 Administrator's progress report11 March 2019AM10 Result of meeting of creditors23 October 2018AM07
Statement of administrator's proposal27 September 2018AM03 Registered office address changed22 August 2018AD01 Appointment of an administrator14 August 2018AM01 Termination of appointment as a director30 May 2018TM01 Full accounts made up21 September 2017AA Confirmation statement made with no updates8 September 2017CS01 Appointment as a director23 June 2017AP01 Termination of appointment as a director23 June 2017TM01 Satisfaction of charge in full23 May 2017MR04 Satisfaction of charge in full23 May 2017MR04 Satisfaction of charge in full9 May 2017MR04 Confirmation statement made with updates6 September 2016CS01 Satisfaction of charge in full13 July 2016MR04 Full accounts made up6 May 2016AA Full accounts made up30 September 2015AA Annual return made up with full list of shareholders22 September 2015AR01 Satisfaction of charge in full1 December 2014MR04 Satisfaction of charge in full1 December 2014MR04 Satisfaction of charge in full1 December 2014MR04 Satisfaction of charge in full1 December 2014MR04 Satisfaction of charge in full1 December 2014MR04 Full accounts made up22 September 2014AA Annual return made up with full list of shareholders16 September 2014AR01 Accounts made up24 September 2013AA Annual return made up with full list of shareholders19 September 2013AR01 Accounts made up8 February 2013AA Director's details changed30 January 2013CH01 Annual return made up with full list of shareholders27 September 2012AR01 Legacy3 September 2012MG01 Legacy19 December 2011MG01 Legacy19 December 2011MG01 Statement of company's objects7 December 2011CC04
Appointment as a director24 November 2011AP01 Appointment as a director24 November 2011AP01 Appointment as a director24 November 2011AP01 Appointment as a director24 November 2011AP01 Appointment as a director24 November 2011AP01 Accounts made up1 November 2011AA Statement of capital following an allotment of shares19 October 2011SH01 Termination of appointment as a director13 October 2011TM01 Annual return made up with full list of shareholders28 September 2011AR01 Compulsory strike-off action has been discontinued19 February 2011DISS40 Accounts made up18 October 2010AA Annual return made up with full list of shareholders1 September 2010AR01 Accounts made up26 February 2010AA First Gazette notice for compulsory strike-off26 January 2010GAZ1 Legacy19 November 2009MG01 Appointment as a director6 November 2009AP01 Appointment as a director4 November 2009AP01 Appointment as a secretary4 November 2009AP03 Termination of appointment as a director4 November 2009TM01 Termination of appointment as a secretary4 November 2009TM02 Accounts made up14 April 2009AA Auditor's resignation6 March 2009AUD
Accounts made up14 January 2009AA Legacy10 October 2008363a Legacy26 February 2008403a Legacy26 November 2007288b Certificate of change of name31 October 2007CERTNM Legacy27 September 2007363s Legacy1 December 2006288a Legacy27 November 2006288a Legacy24 November 2006288b Legacy6 November 2006288a Legacy1 November 2006288a Certificate of change of name24 October 2006CERTNM Legacy19 October 2006288b Legacy19 October 2006288b Legacy19 October 2006288b Legacy19 October 2006288b Legacy19 October 2006288a Legacy19 October 2006288a Auditor's resignation19 October 2006AUD
Legacy10 October 2006363s Certificate of change of name9 October 2006CERTNM Accounts made up22 September 2006AA Certificate of change of name9 November 2005CERTNM Accounts made up4 November 2005AA Legacy9 September 2005363s Legacy5 September 2005288a Legacy5 September 2005288b Legacy23 February 2005403b
Legacy23 February 2005403b
Legacy23 February 2005403b
Legacy23 February 2005403a Legacy23 February 2005403a Legacy21 February 2005288a Legacy21 February 2005288a Legacy21 February 2005288a Legacy21 February 2005288b Legacy21 February 2005288b Miscellaneous15 February 2005MISC
Legacy22 September 2004363s Accounts made up31 March 2004AA Accounts made up31 March 2004AA Legacy8 October 2003244
Accounts made up2 November 2002AA Auditor's resignation17 June 2002AUD
Legacy23 October 2001363s Accounts made up14 September 2001AA Legacy27 February 2001288a Legacy12 February 2001288b Accounts made up27 October 2000AA Legacy26 October 1999363s Accounts made up24 September 1999AA Legacy23 November 1998288a Legacy11 November 1998288a Legacy10 September 1998363s Accounts made up14 August 1998AA Legacy18 September 1997363s Accounts made up11 September 1997AA Accounts made up8 October 1996AA Legacy23 November 1995287 Accounts made up23 October 1995AA Legacy23 October 1995363s A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
A selection of documents registered before 1 January 19951 January 1995PRE95
Accounts made up26 October 1994AA Legacy25 October 1994363s Accounts made up11 June 1993AA Accounts for a small company made up20 October 1992AA Legacy20 October 1992363b Accounts for a small company made up22 June 1992AA Accounts made up2 January 1992AA Legacy22 November 1991363b Memorandum and Articles of Association21 June 1990MEM/ARTS
Certificate of change of name13 June 1990CERTNM Legacy21 September 1989288 Legacy7 September 1989288 Incorporation29 August 1989NEWINC 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 →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Force India Formula One Team Limited in creditors' voluntary liquidation?
- Yes. Force India Formula One Team Limited (company number 02417588) entered creditors' voluntary liquidation on 5 August 2019, by its creditors. Geoffrey Paul Rowley of null was appointed as liquidator.
- Who is the liquidator of Force India Formula One Team Limited?
- Geoffrey Paul Rowley, a licensed insolvency practitioner at null, was appointed liquidator of Force India Formula One Team Limited on 5 August 2019. Creditors can contact the liquidator directly to submit a claim.
- What does Force India Formula One Team Limited do?
- Force India Formula One Team Limited's registered nature of business is manufacture of motor vehicles (SIC 29100). It is classified in the manufacturing sector.
- Where is Force India Formula One Team Limited based?
- Force India Formula One Team Limited's registered office is 2nd Floor 110 Cannon Street, London, Ec4n 6eu, EC4N 6EU. The registered office is the address held on the public register, which is not always the trading address.
- When was Force India Formula One Team Limited founded?
- Force India Formula One Team Limited was incorporated on 29 August 1989, 30 years before the liquidator was appointed.
- What is Force India Formula One Team Limited's company number?
- Force India Formula One Team Limited's registered company number is 02417588.
- Who has significant control of Force India Formula One Team Limited?
- 1 active person with significant control over Force India Formula One Team Limited is on the register: Orange India Holdings S.A.R.L.
- What does liquidation mean for creditors of Force India Formula One Team Limited?
- 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 Force India Formula One Team Limited'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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