Is Gem Contracts Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Gem Contracts Limited (company number SC508065) entered compulsory liquidation on 13 August 2025, by order of the court. Margo Mclenan of null was appointed as liquidator.
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Gem Contracts Limited is now in compulsory 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 Compulsory Liquidation |
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| Company number | SC508065 |
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| Incorporated | 10 June 2015 (11 years old) |
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| Registered office | 1 Union Street, Saltcoats, Ayrshire, KA21 5LL |
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| Nature of business (SIC) | 49410: Freight transport by road (Transport & logistics) |
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| Date entered compulsory liquidation | 13 August 2025 |
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| Liquidator | Margo Mclenan, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Gem Contracts Limited is a transport & logistics business based in Saltcoats, incorporated in 2015 and 10 years old when the liquidator was appointed. Its registered activity is freight transport by road (SIC 49410). There have been 5 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
5 people have been appointed as directors of Gem Contracts 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.
Bryden Holdings Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
What happened
EventDateType
Court order in a winding-up (& Court Order attachment)16 October 2025WU01(Scot)
Registered office address changed28 August 2025AD01 Compulsory liquidationStatus13 August 2025
Notification as a person with significant control6 August 2025PSC02 Withdrawal of a person with significant control statement16 July 2025PSC09 +34 earlier events · 2016 to 2025
Confirmation statement made with updates16 July 2025CS01 Compulsory strike-off action has been discontinued21 June 2025DISS40 Total exemption full accounts made up19 June 2025AA Compulsory strike-off action has been suspended11 June 2025DISS16(SOAS) First Gazette notice for compulsory strike-off27 May 2025GAZ1 Termination of appointment as a director1 April 2025TM01 Termination of appointment as a director1 April 2025TM01 Termination of appointment as a director23 October 2024TM01 Confirmation statement made with no updates19 August 2024CS01 Total exemption full accounts made up25 June 2024AA Confirmation statement made with no updates23 August 2023CS01 Total exemption full accounts made up29 June 2023AA Confirmation statement made with no updates26 August 2022CS01 Total exemption full accounts made up29 June 2022AA Confirmation statement made with no updates2 September 2021CS01 Total exemption full accounts made up29 July 2021AA Confirmation statement made with no updates11 September 2020CS01 Total exemption full accounts made up30 June 2020AA Confirmation statement made with updates27 September 2019CS01 Confirmation statement made with no updates5 September 2019CS01 Total exemption full accounts made up29 March 2019AA Confirmation statement made with updates22 August 2018CS01 Director's details changed22 August 2018CH01 Statement of capital following an allotment of shares22 August 2018SH01 Appointment as a director22 August 2018AP01 Confirmation statement made with no updates28 June 2018CS01 Total exemption full accounts made up29 March 2018AA Confirmation statement made with updates21 June 2017CS01 Total exemption small company accounts made up9 March 2017AA Director's details changed7 February 2017CH01 Appointment as a director6 February 2017AP01 Appointment as a director6 February 2017AP01 Annual return made up with full list of shareholders7 July 2016AR01 Statement of capital following an allotment of shares15 June 2016SH01 Incorporation10 June 2015NEWINC 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 transport & logistics companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Gem Contracts Limited in compulsory liquidation?
- Yes. Gem Contracts Limited (company number SC508065) entered compulsory liquidation on 13 August 2025, by order of the court. Margo Mclenan of null was appointed as liquidator.
- Who is the liquidator of Gem Contracts Limited?
- Margo Mclenan, a licensed insolvency practitioner at null, was appointed liquidator of Gem Contracts Limited on 13 August 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Gem Contracts Limited do?
- Gem Contracts Limited's registered nature of business is freight transport by road (SIC 49410). It is classified in the transport & logistics sector.
- Where is Gem Contracts Limited based?
- Gem Contracts Limited's registered office is 1 Union Street, Saltcoats, Ayrshire, KA21 5LL. The registered office is the address held on the public register, which is not always the trading address.
- When was Gem Contracts Limited founded?
- Gem Contracts Limited was incorporated on 10 June 2015, 10 years before the liquidator was appointed.
- What is Gem Contracts Limited's company number?
- Gem Contracts Limited's registered company number is SC508065.
- Who has significant control of Gem Contracts Limited?
- 1 active person with significant control over Gem Contracts Limited is on the register: Bryden Holdings Limited.
- What does liquidation mean for creditors of Gem Contracts 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 Gem Contracts 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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