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Is Grays Developments Ltd in creditors' voluntary liquidation?

Last verified 26 May 2026
In Creditors' Voluntary LiquidationYes, Grays Developments Ltd (company number 03583424) entered creditors' voluntary liquidation on 6 March 2026, by its creditors. Alexander Kinninmonth of null was appointed as liquidator.

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Grays Developments Ltd 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

StatusIn Creditors' Voluntary Liquidation
Company number03583424
Previously known as
  • Dystopia Holdings Ltd, Oct 2003 to Jun 2006
  • Cordiner Limited, Jun 1998 to Oct 2003
Incorporated18 June 1998 (28 years old)
Registered officeC/O Frp Advisory Trading Limited 3rd Floor 2, Southampton, SO14 0TB
Nature of business (SIC)41100: Development of building projects (Construction)
Date entered creditors' voluntary liquidation6 March 2026
LiquidatorAlexander Kinninmonth, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Grays Developments Ltd is a construction business based in Southampton, incorporated in 1998 and 28 years old when the liquidator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 6 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 50 charges have been registered against the company, 49 of which are still outstanding.

Directors

6 people have been appointed as directors of Grays Developments Ltd.

DirectorStatusResigned
Louise Charlotte RussellActive—
Sven Cassian GrayResigned24 Oct 2017
Sven Cassian GrayResigned28 May 2017
Sven Cassian GrayResigned6 Sep 2006
First Secretaries Limited+ 173 othersResigned15 Mar 2002
First Directors Limited+ 133 othersResigned15 Mar 2002

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.

Charges register

Secured creditors and encumbrances against the company. 49 outstanding · 1 satisfied.

Status · Creditor · Type · Dates
OutstandingPankaj Naik
A registered charge · Created 19 Jan 2018 · Pending
OutstandingNational Westminster Bank PLC
A registered charge · Created 19 Jan 2018 · Pending
OutstandingNational Westminster Bank PLC
A registered charge · Created 14 Mar 2016 · Pending
OutstandingNational Westminster Bank PLC
A registered charge · Created 14 Mar 2016 · Pending
OutstandingNational Westminster Bank PLC
A registered charge · Created 1 Nov 2013 · Pending
44 earlier charges · 2004 to 2013
OutstandingNational Westminster Bank PLC
A registered charge · Created 1 Nov 2013 · Pending
OutstandingNational Westminster Bank PLC
A registered charge · Created 1 Nov 2013 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 16 Apr 2010 · Pending
OutstandingJack Walter Flutcher
Legal charge · Created 16 Jul 2009 · Pending
OutstandingJack Walter Futcher
Legal charge · Created 16 Jul 2009 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 14 May 2009 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 11 May 2009 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 17 Jan 2008 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 17 Jan 2008 · Pending
OutstandingMortgage Express
Mortgage · Created 26 Sep 2007 · Pending
OutstandingMortgage Express
Mortgage · Created 26 Sep 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 3 Aug 2007 · Pending
OutstandingCapital Home Loans Limited
Deed of charge · Created 3 Aug 2007 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingParagon Mortgages Limited
Legal charge · Created 21 Dec 2006 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 9 Jan 2006 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 7 Oct 2005 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 7 Oct 2005 · Pending
OutstandingNational Westminster Bank PLC
Legal charge · Created 27 Jul 2004 · Pending
SatisfiedHsbc Bank PLC
Debenture · Created 30 Jan 2004 · Satisfied 20 Sep 2007
OutstandingHsbc Bank PLC
Legal mortgage · Created 10 Oct 2003 · Pending

What happened

EventDateType
Receiver's abstract of receipts and payments to 2026-06-1728 July 2026REC2
Notice of ceasing to act as receiver or manager21 July 2026RM02
Notice of ceasing to act as receiver or manager21 July 2026RM02
Notice of ceasing to act as receiver or manager21 July 2026RM02
Notice of ceasing to act as receiver or manager21 July 2026RM02
226 earlier events · 1999 to 2026
Notice of ceasing to act as receiver or manager20 July 2026RM02
Notice of ceasing to act as receiver or manager20 July 2026RM02
Notice of ceasing to act as receiver or manager15 July 2026RM02
Receiver's abstract of receipts and payments to 2026-02-183 July 2026REC2
Receiver's abstract of receipts and payments to 2026-02-1219 June 2026REC2
Receiver's abstract of receipts and payments to 2026-02-1819 June 2026REC2
Receiver's abstract of receipts and payments to 2025-09-3018 June 2026REC2
Receiver's abstract of receipts and payments to 2025-09-304 June 2026REC2
Receiver's abstract of receipts and payments to 2025-09-304 June 2026REC2
Receiver's abstract of receipts and payments to 2025-09-304 June 2026REC2
Receiver's abstract of receipts and payments to 2025-09-304 June 2026REC2
Notice of ceasing to act as receiver or manager15 May 2026RM02
Receiver's abstract of receipts and payments8 May 2026REC2
Receiver's abstract of receipts and payments8 May 2026REC2
Receiver's abstract of receipts and payments8 May 2026REC2
Receiver's abstract of receipts and payments8 May 2026REC2
Receiver's abstract of receipts and payments8 May 2026REC2
Receiver's abstract of receipts and payments8 May 2026REC2
Notice of ceasing to act as receiver or manager6 May 2026RM02
Notice of ceasing to act as receiver or manager6 May 2026RM02
Notice of ceasing to act as receiver or manager22 April 2026RM02
Notice of ceasing to act as receiver or manager22 April 2026RM02
Notice of ceasing to act as receiver or manager22 April 2026RM02
Appointment of a voluntary liquidator17 March 2026600
Registered office address changed from Director Generals House 15 Rockstone Place Southampton SO15 2EP England to C/O Frp Advisory Trading Limited 3rd Floor 2 Charlotte Place Southampton SO14 0TB on 2026-03-1717 March 2026AD01
Statement of affairs17 March 2026LIQ02
Resolutions17 March 2026RESOLUTIONS
Creditors' voluntary liquidationStatus6 March 2026
Appointment of receiver or manager20 October 2025RM01
Appointment of receiver or manager20 October 2025RM01
Appointment of receiver or manager20 October 2025RM01
Appointment of receiver or manager8 October 2025RM01
Appointment of receiver or manager8 October 2025RM01
Appointment of receiver or manager8 October 2025RM01
Appointment of receiver or manager7 October 2025RM01
Appointment of receiver or manager7 October 2025RM01
Appointment of receiver or manager7 October 2025RM01
Appointment of receiver or manager7 October 2025RM01
Appointment of receiver or manager7 October 2025RM01
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Notice of ceasing to act as receiver or manager6 October 2025RM02
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Appointment of receiver or manager9 September 2025RM01
Confirmation statement made on 2025-06-05 with no updates11 July 2025CS01
Micro company accounts made up to 2024-06-3011 July 2025AA
Appointment of receiver or manager8 July 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager19 June 2025RM01
Appointment of receiver or manager18 June 2025RM01
Appointment of receiver or manager17 June 2025RM01
Appointment of receiver or manager17 June 2025RM01
Appointment of receiver or manager17 June 2025RM01
Appointment of receiver or manager17 June 2025RM01
First Gazette notice for compulsory strike-off3 June 2025GAZ1
Confirmation statement made on 2024-06-05 with no updates4 March 2025CS01
Registered office address changed from 25 Northam Road Southampton SO14 0NZ England to Director Generals House 15 Rockstone Place Southampton SO15 2EP on 2025-03-044 March 2025AD01
Compulsory strike-off action has been discontinued22 June 2024DISS40
Micro company accounts made up to 2023-06-3019 June 2024AA
Compulsory strike-off action has been suspended12 June 2024DISS16(SOAS)
First Gazette notice for compulsory strike-off28 May 2024GAZ1
Confirmation statement made on 2023-06-05 with no updates12 July 2023CS01
Micro company accounts made up to 2022-06-3028 April 2023AA
Confirmation statement made on 2022-06-05 with no updates16 June 2022CS01
Micro company accounts made up to 2021-06-3031 March 2022AA
Confirmation statement made on 2021-06-05 with no updates30 June 2021CS01
Micro company accounts made up to 2020-06-309 April 2021AA
Micro company accounts made up to 2019-06-3030 June 2020AA
Confirmation statement made on 2020-06-05 with no updates5 June 2020CS01
Confirmation statement made on 2019-06-07 with no updates20 June 2019CS01
Micro company accounts made up to 2018-06-3024 March 2019AA
Confirmation statement made on 2018-06-07 with no updates19 June 2018CS01
Micro company accounts made up to 2017-06-3031 March 2018AA
Registration of charge 035834240050, created on 2018-01-191 February 2018MR01
Registration of charge 035834240049, created on 2018-01-1930 January 2018MR01
Termination of appointment of Sven Cassian Gray as a secretary on 2017-10-2424 October 2017TM02
Appointment of Mr Sven Cassian Gray as a secretary on 2017-06-077 June 2017AP03
Confirmation statement made on 2017-06-07 with updates7 June 2017CS01
Termination of appointment of Sven Cassian Gray as a secretary on 2017-05-287 June 2017TM02
Registered office address changed from , 78 York Street, London, W1H 1DP to 25 Northam Road Southampton SO14 0NZ on 2017-05-1818 May 2017AD01
Micro company accounts made up to 2016-06-3031 March 2017AA
Annual return made up to 2016-06-07 with full list of shareholders7 June 2016AR01
Micro company accounts made up to 2015-06-3023 May 2016AA
Registration of charge 035834240048, created on 2016-03-1430 March 2016MR01
Registration of charge 035834240047, created on 2016-03-1429 March 2016MR01
Annual return made up to 2015-06-18 with full list of shareholders7 July 2015AR01
Total exemption small company accounts made up to 2014-06-3026 May 2015AA
Annual return made up to 2014-06-18 with full list of shareholders25 July 2014AR01
Total exemption full accounts made up to 2013-06-3028 March 2014AA
Registration of charge 03583424004511 November 2013MR01
Registration of charge 03583424004611 November 2013MR01
Registration of charge 03583424004411 November 2013MR01
Annual return made up to 2013-06-18 with full list of shareholders20 June 2013AR01
Total exemption full accounts made up to 2012-06-3019 April 2013AA
Annual return made up to 2012-06-18 with full list of shareholders2 July 2012AR01
Secretary's details changed for Mr Sven Cassian Gray on 2012-06-162 July 2012CH03
Registered office address changed from , 25 Northam Road, Southampton, Hampshire, SO14 0NZ, England on 2012-06-1212 June 2012AD01
Resignation of an auditor28 May 2012AA03
Total exemption small company accounts made up to 2011-06-3016 May 2012AA
Registered office address changed from , 78 York Street, London, W1H 1DP on 2012-05-1515 May 2012AD01
Registered office address changed from , 21 Northam Road, Southampton, Hampshire, SO14 0NZ, England on 2012-05-1515 May 2012AD01
Accounts for a small company made up to 2010-06-305 October 2011AA
Compulsory strike-off action has been discontinued17 September 2011DISS40
Annual return made up to 2011-06-18 with full list of shareholders14 September 2011AR01
First Gazette notice for compulsory strike-off5 July 2011GAZ1
Legacy3 August 2010MG01
Legacy31 July 2010MG01
Legacy31 July 2010MG01
Annual return made up to 2010-06-18 with full list of shareholders16 July 2010AR01
Legacy3 July 2010MG01
Legacy3 July 2010MG01
Accounts for a small company made up to 2009-06-301 July 2010AA
Legacy23 April 2010MG01
Director's details changed for Louise Charlotte Russell on 2009-10-0117 December 2009CH01
Annual return made up to 2009-06-18 with full list of shareholders17 December 2009AR01
Total exemption small company accounts made up to 2008-06-3030 September 2009AA
Legacy11 September 2009287
Legacy31 July 2009395
Legacy31 July 2009395
Legacy15 May 2009395
Total exemption small company accounts made up to 2007-06-3020 February 2009AA
Legacy22 July 2008363a
Legacy22 January 2008395
Legacy22 January 2008395
Legacy7 January 2008287
Total exemption small company accounts made up to 2006-06-3019 November 2007AA
Legacy17 October 2007363s
Legacy4 October 2007395
Legacy4 October 2007395
Legacy20 September 2007403a
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy11 August 2007395
Legacy8 August 2007395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Legacy23 December 2006395
Total exemption full accounts made up to 2005-06-304 November 2006AA
Legacy14 September 2006363s
Legacy14 September 2006288b
Certificate of change of name7 June 2006CERTNM
Legacy20 January 2006363s
Legacy17 January 2006395
Total exemption full accounts made up to 2004-06-3010 November 2005AA
Legacy26 October 2005395
Legacy21 October 2005395
Legacy27 July 2005288a
Legacy27 July 2005287
Accounts made up to 2002-06-3028 February 2005AA
Legacy29 December 2004363s
Accounts made up to 2003-06-3029 December 2004AA
Legacy30 July 2004395
Legacy31 January 2004395
Legacy30 January 2004363s
Legacy15 January 2004287
Legacy15 October 2003395
Certificate of change of name6 October 2003CERTNM
Legacy6 October 2003288a
Legacy6 October 2003287
Compulsory strike-off action has been discontinued20 May 2003DISS40
Legacy12 May 2003288a
First Gazette notice for compulsory strike-off18 February 2003GAZ1
Legacy21 March 2002288b
Legacy21 March 2002288b
Accounts made up to 2001-06-305 July 2001AA
Resolutions5 July 2001RESOLUTIONS
Legacy25 June 2001363s
Legacy17 July 2000363s
Resolutions5 July 2000RESOLUTIONS
Accounts made up to 2000-06-305 July 2000AA
Resolutions7 July 1999RESOLUTIONS
Legacy7 July 1999363a
Accounts made up to 1999-06-307 July 1999AA
Incorporation18 June 1998NEWINC

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 construction companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation →

Related guides

What is a validation order? →The order debts are paid →Warning signs in your other customers →What the filings mean →

The bigger picture

The state of UK insolvency →

Frequently asked questions

Is Grays Developments Ltd in creditors' voluntary liquidation?
Yes. Grays Developments Ltd (company number 03583424) entered creditors' voluntary liquidation on 6 March 2026, by its creditors. Alexander Kinninmonth of null was appointed as liquidator.
Who is the liquidator of Grays Developments Ltd?
Alexander Kinninmonth, a licensed insolvency practitioner at null, was appointed liquidator of Grays Developments Ltd on 6 March 2026. Creditors can contact the liquidator directly to submit a claim.
What does Grays Developments Ltd do?
Grays Developments Ltd's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
Where is Grays Developments Ltd based?
Grays Developments Ltd's registered office is C/O Frp Advisory Trading Limited 3rd Floor 2, Southampton, SO14 0TB. The registered office is the address held on the public register, which is not always the trading address.
When was Grays Developments Ltd founded?
Grays Developments Ltd was incorporated on 18 June 1998, 28 years before the liquidator was appointed.
What is Grays Developments Ltd's company number?
Grays Developments Ltd's registered company number is 03583424.
Who has significant control of Grays Developments Ltd?
1 active person with significant control over Grays Developments Ltd is on the register: Miss Louise Charlotte Russell.
Does Grays Developments Ltd have any outstanding charges?
49 outstanding charges are registered against Grays Developments Ltd out of 50 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Grays Developments Ltd?
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 Grays Developments Ltd'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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