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Is Hawthorn Asset Management Limited in receivership?

Last verified 24 May 2026
In ReceivershipYes, A receiver was appointed over Hawthorn Asset Management Limited (company number NI037424) on 2 November 2010.

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Hawthorn Asset Management Limited is now under the control of a receiver appointed by a secured creditor. Below are the key dates, the directors, the public-record timeline that led here, and what receivership means if you are a creditor, employee or counterparty.

How the case progressed

  1. Administration
    29 October 2010
  2. Receivership
    2 November 2010

Company at a glance

StatusIn Receivership
Company numberNI037424
Previously known as
  • Heaney Developments Limited, Nov 1999 to Jan 2010
Incorporated24 November 1999 (27 years old)
Registered office6 Glen Road, Garvagh, Londonderry, BT51 5BX
Nature of business (SIC)41100: Development of building projects (Construction)
Date receiver appointed2 November 2010
Public registerView filing history ↗

About the business

Hawthorn Asset Management Limited is a construction business based in Garvagh, incorporated in 1999 and 11 years old when the receiver was appointed. Its registered activity is development of building projects (SIC 41100). There have been 2 director appointments since incorporation, of which 2 were on the board when the receiver was appointed, alongside 2 people with significant control. 11 charges have been registered against the company, 11 of which are still outstanding.

Directors

2 people have been appointed as directors of Hawthorn Asset Management Limited.

DirectorStatusResigned
Denis HeaneyActive—
Helen HeaneyActive—

Persons with significant control

Individuals or entities with significant influence or control.

Charges register

Secured creditors and encumbrances against the company. 11 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingUlster Bank Limited
Mortgage or charge · Created 30 Nov 2007 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 14 Sep 2007 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 31 Aug 2007 · Pending
OutstandingUlster Bank Limited And, Ulster Bank Ireland Limited
Mortgage or charge · Created 23 Jul 2007 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 27 Jun 2007 · Pending
5 earlier charges · 2004 to 2007
OutstandingUlster Bank Limited
Mortgage or charge · Created 14 Mar 2007 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 14 Mar 2007 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 18 Sep 2006 · Pending
OutstandingUlster Bank (Ireland) Limited, Ulster Bank Limited
Mortgage debenture · Created 7 May 2004 · Pending
OutstandingUlster Bank Limited, Ulster Bank Ireland
Mortgage or charge · Created 7 May 2004 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 13 Feb 2004 · Pending

What happened

EventDateType
Confirmation statement made with no updates7 August 2023CS01
Confirmation statement made with no updates7 August 2023CS01
Confirmation statement made with no updates7 August 2023CS01
Confirmation statement made with no updates7 August 2023CS01
Confirmation statement made with no updates7 August 2023CS01
82 earlier events · 1999 to 2023
Confirmation statement made with no updates7 August 2023CS01
Confirmation statement made with updates7 August 2023CS01
Notification as a person with significant control7 August 2023PSC01
Notification as a person with significant control7 August 2023PSC01
Administrative Receiver's/Receiver Manager's abstract of receipts and payments18 February 20203.08(NI)
Registered office address changed11 February 2020AD01
Notice of ceasing to act as receiver or manager11 February 2020RM02
Administrative Receiver's/Receiver Manager's abstract of receipts and payments3 December 20193.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments9 May 20193.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments26 April 20193.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments17 May 20183.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments24 November 20173.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments12 May 20173.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments18 January 20173.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments13 December 20163.08(NI)
Notice of ceasing to act as receiver or manager30 September 2016RM02
Administrative Receiver's/Receiver Manager's abstract of receipts and payments24 June 20163.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments19 May 20163.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments21 December 20153.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments11 November 20153.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments18 June 20153.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments21 May 20153.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments26 November 20143.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments26 November 20143.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments26 November 20143.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments26 November 20143.08(NI)
Notice of automatic end of Administration7 June 20142.30B(NI)
Appointment of receiver or manager6 June 2014RM01
Administrator's progress report2 December 20132.24B(NI)
Administrator's progress report31 May 20132.24B(NI)
Administrator's progress report29 November 20122.24B(NI)
Statement of affairs14 May 20122.16B(NI)
Administrator's progress report9 May 20122.24B(NI)
Notice of extension of period of Administration3 May 20122.31B(NI)
Administrator's progress report18 November 20112.24B(NI)
Notice of extension of period of Administration18 November 20112.31B(NI)
Notice of extension of period of Administration28 October 20112.31B(NI)
Administrator's progress report13 May 20112.24B(NI)
Statement of administrator's proposal29 December 20102.17B(NI)
Registered office address changed8 November 2010AD01
Appointment of an administrator8 November 20102.12B(NI)
Legacy2 November 2010LQ01
Legacy2 November 2010LQ01
AdministrationStatus29 October 2010
Accounts for a small company made up1 September 2010AA
Certificate of change of name20 January 2010CERTNM
Change of name notice20 January 2010CONNOT
Annual return made up with full list of shareholders17 January 2010AR01
Legacy29 October 2009MG01
Legacy30 September 2009AC(NI)
Legacy26 March 2009371S(NI)
Legacy3 October 2008AC(NI)
Legacy13 December 2007371S(NI)
Particulars of a mortgage charge5 December 2007402(NI)
Legacy4 October 2007AC(NI)
Particulars of a mortgage charge18 September 2007402(NI)
Particulars of a mortgage charge4 September 2007402(NI)
Particulars of a mortgage charge3 August 2007402(NI)
Legacy23 July 2007371S(NI)
Legacy23 July 2007371S(NI)
Legacy23 July 2007371S(NI)
Particulars of a mortgage charge2 July 2007402(NI)
Particulars of a mortgage charge26 March 2007402R(NI)
Particulars of a mortgage charge26 March 2007402R(NI)
Particulars of a mortgage charge21 September 2006402(NI)
Legacy21 September 2006AC(NI)
Legacy21 September 2006AC(NI)
Legacy12 September 2004AC(NI)
Particulars of a mortgage charge17 May 2004402(NI)
Legacy8 March 2004371S(NI)
Resolutions2 March 2004RESOLUTIONS
Particulars of a mortgage charge17 February 2004402(NI)
Legacy14 August 2003371S(NI)
Legacy23 June 2003AC(NI)
Legacy2 October 2002AC(NI)
Legacy27 November 2001371S(NI)
Legacy27 November 2001371S(NI)
Legacy15 September 2001AC(NI)
Incorporation24 November 1999NEWINC
Legacy24 November 1999ARTS(NI)
Legacy24 November 1999G23(NI)
Legacy24 November 1999G21(NI)
Legacy24 November 1999MEM(NI)

What this means for you

If you are the appointing creditor

The receiver acts to realise the assets covered by your charge and remits net proceeds to you after deduction of receivership costs and any prior-ranking claims.

If you are an unsecured creditor

Receivership protects the secured creditor, not unsecured creditors. Where receivership proceeds are insufficient to clear company liabilities, the company may proceed to administration or liquidation, in which unsecured creditors rank last.

The order debts are paid →

If you are an employee

Receivership does not automatically end employment, but the receiver may make redundancies as part of realising the charged assets. Preferential employee claims and Redundancy Payments Service entitlements apply.

Employee rights and redundancy pay →

If you are a counterparty

Contracts continue until the receiver acts. The receiver can adopt, assign or disclaim them as part of realising the secured assets. Pre-receivership debts are an unsecured claim against the company.

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The bigger picture

The state of UK insolvency →

Frequently asked questions

Is Hawthorn Asset Management Limited in receivership?
Yes. A receiver was appointed over Hawthorn Asset Management Limited (company number NI037424) on 2 November 2010.
What does Hawthorn Asset Management Limited do?
Hawthorn Asset Management Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
Where is Hawthorn Asset Management Limited based?
Hawthorn Asset Management Limited's registered office is 6 Glen Road, Garvagh, Londonderry, BT51 5BX. The registered office is the address held on the public register, which is not always the trading address.
When was Hawthorn Asset Management Limited founded?
Hawthorn Asset Management Limited was incorporated on 24 November 1999, 11 years before the receiver was appointed.
What is Hawthorn Asset Management Limited's company number?
Hawthorn Asset Management Limited's registered company number is NI037424.
Who has significant control of Hawthorn Asset Management Limited?
2 active people with significant control over Hawthorn Asset Management Limited are on the register: Mr Denis Bernard Heaney, Mrs Helen Heaney.
Does Hawthorn Asset Management Limited have any outstanding charges?
11 outstanding charges are registered against Hawthorn Asset Management Limited out of 11 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does receivership mean for creditors of Hawthorn Asset Management Limited?
Receivership is a remedy for a secured creditor. The receiver realises the assets covered by the charge and remits proceeds to the appointing creditor. Unsecured creditors are not protected by the process and have no direct claim on the receivership realisations.
Who appointed the receiver of Hawthorn Asset Management Limited?
A receiver is appointed by a secured creditor under powers in the underlying charge document, typically a fixed charge over specific assets. The identity of the appointing creditor is recorded on the charge against the company.
Does receivership lead to liquidation?
It can. Once the receiver has realised the charged assets and settled the appointing creditor, the receivership ends. If the company has further liabilities it cannot meet, it may then proceed to administration or liquidation.

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