Is GRC Traders Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, GRC Traders Limited (company number 15771524) entered compulsory liquidation on 9 September 2025, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
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GRC Traders 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 | 15771524 |
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| Incorporated | 11 June 2024 (2 years old) |
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| Registered office | 37 Ellesmere Road, Newcastle Upon Tyne, NE4 8TS |
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| Nature of business (SIC) | 46420: Wholesale of clothing and footwear (Retail) |
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| Date entered compulsory liquidation | 9 September 2025 |
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| Liquidator | The Official Receiver Or Newcastle, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
GRC Traders Limited is a retail business based in Newcastle upon Tyne, incorporated in 2024 and 1 year old when the liquidator was appointed. Its registered activity is wholesale of clothing and footwear (SIC 46420). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
1 person has been appointed as directors of GRC Traders Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Gulraiz Mehmood Cheema
individual person with significant control · Pakistani · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Order of court to wind up12 September 2025COCOMP
Compulsory liquidationStatus9 September 2025
First Gazette notice for compulsory strike-off2 September 2025GAZ1 Incorporation11 June 2024NEWINC 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 retail companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is GRC Traders Limited in compulsory liquidation?
- Yes. GRC Traders Limited (company number 15771524) entered compulsory liquidation on 9 September 2025, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
- Who is the liquidator of GRC Traders Limited?
- The Official Receiver Or Newcastle, a licensed insolvency practitioner at null, was appointed liquidator of GRC Traders Limited on 9 September 2025. Creditors can contact the liquidator directly to submit a claim.
- What does GRC Traders Limited do?
- GRC Traders Limited's registered nature of business is wholesale of clothing and footwear (SIC 46420). It is classified in the retail sector.
- Where is GRC Traders Limited based?
- GRC Traders Limited's registered office is 37 Ellesmere Road, Newcastle Upon Tyne, NE4 8TS. The registered office is the address held on the public register, which is not always the trading address.
- When was GRC Traders Limited founded?
- GRC Traders Limited was incorporated on 11 June 2024, 1 year before the liquidator was appointed.
- What is GRC Traders Limited's company number?
- GRC Traders Limited's registered company number is 15771524.
- Who has significant control of GRC Traders Limited?
- 1 active person with significant control over GRC Traders Limited is on the register: Mr Gulraiz Mehmood Cheema.
- What does liquidation mean for creditors of GRC Traders 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 GRC Traders 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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