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G. M. Precision Limited Is G. M. Precision Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, G. M. Precision Limited (company number 06988423) entered creditors' voluntary liquidation on 14 March 2022, by its creditors. Andrew Bland of null was appointed as liquidator.
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G. M. Precision 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 06988423 |
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| Previously known as | - Stan Dean Precision ENG Limited, Aug 2009 to Sep 2009
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| Incorporated | 12 August 2009 (17 years old) |
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| Registered office | 41 Greek Street, Stockport, SK3 8AX |
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| Nature of business (SIC) | 24330: Cold forming or folding (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 14 March 2022 |
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| Liquidator | Andrew Bland, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
G. M. Precision Limited is a manufacturing business based in Stockport, incorporated in 2009 and 13 years old when the liquidator was appointed. Its registered activity is cold forming or folding (SIC 24330). There have been 3 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control. 2 charges have been registered against the company, 2 of which are still outstanding.
Directors
3 people have been appointed as directors of G. M. Precision Limited.
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.
Mr Ian Peter Mcneil
individual person with significant control · British · Scotland
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Mr Glenn Michael Mills
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%
1 ceased control
- Mr Peter Braithwaite · ceased 31 Jul 2020
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 18 Jan 2019 · Pending
OutstandingVenture Finance PLC Trading as Venture Factors
All assets debenture · Created 22 Oct 2009 · Pending
What happened
EventDateType
Resignation of a liquidator12 January 2026LIQ06
Liquidators' statement of receipts and payments19 May 2025LIQ03
Liquidators' statement of receipts and payments20 May 2024LIQ03
Liquidators' statement of receipts and payments20 May 2023LIQ03
Notice to Registrar of Companies of Notice of disclaimer9 May 2022NDISC
+46 earlier events · 2009 to 2022
Registered office address changed28 March 2022AD01 Statement of affairs26 March 2022LIQ02
Appointment of a voluntary liquidator26 March 2022600
Creditors' voluntary liquidationStatus14 March 2022
Confirmation statement made with no updates27 August 2021CS01 Micro company accounts made up30 March 2021AA Confirmation statement made with no updates26 August 2020CS01 Notification as a person with significant control21 August 2020PSC01 Cessation as a person with significant control21 August 2020PSC07 Micro company accounts made up23 December 2019AA Confirmation statement made with updates16 August 2019CS01 Registration of charge , created18 January 2019MR01 Micro company accounts made up22 November 2018AA Confirmation statement made with no updates3 September 2018CS01 Previous accounting period extended19 June 2018AA01 Termination of appointment as a director13 February 2018TM01 Confirmation statement made with updates16 August 2017CS01 Total exemption small company accounts made up28 June 2017AA Confirmation statement made with updates31 August 2016CS01 Total exemption small company accounts made up28 June 2016AA Annual return made up with full list of shareholders1 September 2015AR01 Total exemption small company accounts made up12 June 2015AA Annual return made up18 August 2014AR01 Termination of appointment as a director16 July 2014TM01 Total exemption small company accounts made up27 June 2014AA Annual return made up16 August 2013AR01 Total exemption small company accounts made up24 June 2013AA Annual return made up29 August 2012AR01 Total exemption small company accounts made up5 March 2012AA Total exemption small company accounts made up28 September 2011AA Compulsory strike-off action has been discontinued3 September 2011DISS40 Annual return made up with full list of shareholders1 September 2011AR01 Director's details changed1 September 2011CH01 Director's details changed1 September 2011CH01 Director's details changed1 September 2011CH01 Registered office address changed1 September 2011AD01 First Gazette notice for compulsory strike-off9 August 2011GAZ1 Annual return made up with full list of shareholders18 August 2010AR01 Director's details changed16 August 2010CH01 Appointment as a director26 January 2010AP01 Current accounting period extended17 January 2010AA01 Statement of capital following an allotment of shares15 December 2009SH01 Legacy6 November 2009MG01 Certificate of change of name19 September 2009CERTNM Incorporation12 August 2009NEWINC 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
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See how Protect works, £24/mo →Other manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is G. M. Precision Limited in creditors' voluntary liquidation?
- Yes. G. M. Precision Limited (company number 06988423) entered creditors' voluntary liquidation on 14 March 2022, by its creditors. Andrew Bland of null was appointed as liquidator.
- Who is the liquidator of G. M. Precision Limited?
- Andrew Bland, a licensed insolvency practitioner at null, was appointed liquidator of G. M. Precision Limited on 14 March 2022. Creditors can contact the liquidator directly to submit a claim.
- What does G. M. Precision Limited do?
- G. M. Precision Limited's registered nature of business is cold forming or folding (SIC 24330). It is classified in the manufacturing sector.
- Where is G. M. Precision Limited based?
- G. M. Precision Limited's registered office is 41 Greek Street, Stockport, SK3 8AX. The registered office is the address held on the public register, which is not always the trading address.
- When was G. M. Precision Limited founded?
- G. M. Precision Limited was incorporated on 12 August 2009, 13 years before the liquidator was appointed.
- What is G. M. Precision Limited's company number?
- G. M. Precision Limited's registered company number is 06988423.
- Who has significant control of G. M. Precision Limited?
- 2 active people with significant control over G. M. Precision Limited are on the register: Mr Ian Peter Mcneil, Mr Glenn Michael Mills.
- Does G. M. Precision Limited have any outstanding charges?
- 2 outstanding charges are registered against G. M. Precision Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of G. M. Precision 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 G. M. Precision 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.
Report an error on this page·Not financial, credit or legal advice.