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Horizon Exploration Limited Is Horizon Exploration Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Horizon Exploration Limited (company number 02804983) entered compulsory liquidation on 3 December 2003, by order of the court. The Official Receiver Or Croydon of null was appointed as liquidator.
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Horizon Exploration 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.
How the case progressed
Administration
24 September 1999
Compulsory liquidation
3 December 2003
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 02804983 |
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| Previously known as | - Ridwan Limited, Mar 1993 to Jul 1993
|
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| Incorporated | 30 March 1993 (33 years old) |
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| Registered office | The Meeting House, Little Mount Sion, Tunbridge Wells, Kent, TN1 1YS |
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| Date entered compulsory liquidation | 3 December 2003 |
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| Liquidator | The Official Receiver Or Croydon, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Horizon Exploration Limited is a UK limited company based in Tunbridge Wells, incorporated in 1993 and 10 years old when the liquidator was appointed. There have been 7 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 30 charges have been registered against the company, 3 of which are still outstanding.
Directors
7 people have been appointed as directors of Horizon Exploration Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Charges register
Secured creditors and encumbrances against the company. 3 outstanding · 27 satisfied.
Status · Creditor · Type · Dates
OutstandingBritish Linen Shipping Limited
Account assignment · Created 1 Apr 1998 · Pending
OutstandingBritish Linen Shipping Limited
Hirer's assignment · Created 1 Apr 1998 · Pending
OutstandingBank One, Texas, N.A.
Charge on receivables · Created 21 Oct 1997 · Pending
SatisfiedDigicourse, Inc.
Legal charge · Created 24 May 1996 · Satisfied 22 Oct 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Deed of assignment · Created 9 Feb 1996 · Satisfied 1 Nov 1997
+24 earlier charges · 1993 to 1996
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Deed of assignment · Created 9 Feb 1996 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield & Son Limited
Deed of assignment · Created 9 Feb 1996 · Satisfied 1 Nov 1997
SatisfiedDigicourse, Inc.
Legal charge · Created 8 Feb 1996 · Satisfied 22 Oct 1997
SatisfiedThe Bank of N T Butterfield & Son Limited
Assignment · Created 4 Aug 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield & Son Limited
Assignment of the proceeds of the contract · Created 4 Aug 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield & Son Limited
Assignment of the proceeds of the contract · Created 4 Aug 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield & Son Limited
Assignment of the proceeds of the contract · Created 4 Aug 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Assignment · Created 24 Apr 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Assignment · Created 24 Apr 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Assignment · Created 24 Apr 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Assignment of the proceeds of the contract · Created 24 Apr 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfiled & Son Limited
Chattel mortgage · Created 21 Mar 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield and Son Limited
Assignment of life policy · Created 7 Feb 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield and Son Limited
Assignment of life policy · Created 7 Feb 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N T Butterfield and Son Limited
Assignment of life policy · Created 7 Feb 1995 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Assignment · Created 30 Aug 1994 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Letter of hypothecation and pledge · Created 30 Aug 1994 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Set-off and charge · Created 30 Aug 1994 · Satisfied 1 Nov 1997
SatisfiedThe Bank of N.T. Butterfield & Son Limited
Debenture · Created 30 Aug 1994 · Satisfied 4 Oct 1997
SatisfiedSimon-Horizon Limited
Bareboat charter by way of sub-demise · Created 18 Aug 1994 · Satisfied 28 Apr 1998
SatisfiedSimon-Horizon Limited
Deed of assignment of insurances · Created 18 Aug 1994 · Satisfied 1 Nov 1997
SatisfiedNational Westminster Bank PLC
Mortgage debenture · Created 17 Dec 1993 · Satisfied 5 Sep 1994
SatisfiedMarley Waterproofing Limited
Deed of deposit · Created 25 Aug 1993 · Satisfied 25 Mar 1998
SatisfiedNational Westminster Bank PLC
Charge over credit balances · Created 9 Aug 1993 · Satisfied 16 Dec 1993
SatisfiedNational Westminster Bank PLC
Charge over credit balances · Created 9 Aug 1993 · Satisfied 18 Nov 1994
What happened
EventDateType
Voluntary arrangement supervisor's abstract of receipts and payments1 October 20041.3
Voluntary arrangement supervisor's abstract of receipts and payments18 May 20041.3
Order of court to wind up7 January 2004COCOMP
Compulsory liquidationStatus3 December 2003
Voluntary arrangement supervisor's abstract of receipts and payments15 May 20031.3
+91 earlier events · 1993 to 2003
Administrator's abstract of receipts and payments22 August 20022.15
Administrator's abstract of receipts and payments21 June 20022.15
Notice of discharge of Administration Order19 June 20022.19
Notice to Registrar of companies voluntary arrangement taking effect3 May 20021.1
Administrator's abstract of receipts and payments22 November 20012.15
Administrator's abstract of receipts and payments20 April 20012.15
Administrator's abstract of receipts and payments20 April 20012.15
Administrator's abstract of receipts and payments17 January 20012.15
Administrator's abstract of receipts and payments2 August 20002.15
Administrator's abstract of receipts and payments30 May 20002.15
Notice of result of meeting of creditors2 December 19992.23
Administration Order11 October 19992.7
Notice of Administration Order11 October 19992.6
AdministrationStatus24 September 1999
Full accounts made up28 October 1998AA Full accounts made up16 December 1997AA Legacy11 November 1997395 Legacy1 November 1997403a Legacy22 October 1997403a Full accounts made up1 October 1997AA Full accounts made up22 October 1996AA Legacy21 February 1996395 Legacy21 February 1996395 Legacy21 February 1996395 Legacy15 February 1996395 Full accounts made up26 September 1995AA Legacy17 February 1995395 Legacy17 February 1995395 Legacy17 February 1995395 A selection of documents registered before 1 January 19951 January 1995PRE95
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
Legacy18 November 1994403a Legacy19 September 1994395 Legacy5 September 1994403a Legacy3 September 1994395 Legacy3 September 1994395 Legacy3 September 1994395 Full accounts made up16 May 1994AA Legacy22 December 1993395 Legacy16 December 1993403a Legacy25 November 1993244
Legacy18 November 1993224
Legacy3 November 199388(2) Legacy2 September 1993395 Certificate of change of name1 July 1993CERTNM Incorporation30 March 1993NEWINC 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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Horizon Exploration Limited in compulsory liquidation?
- Yes. Horizon Exploration Limited (company number 02804983) entered compulsory liquidation on 3 December 2003, by order of the court. The Official Receiver Or Croydon of null was appointed as liquidator.
- Who is the liquidator of Horizon Exploration Limited?
- The Official Receiver Or Croydon, a licensed insolvency practitioner at null, was appointed liquidator of Horizon Exploration Limited on 3 December 2003. Creditors can contact the liquidator directly to submit a claim.
- Where is Horizon Exploration Limited based?
- Horizon Exploration Limited's registered office is The Meeting House, Little Mount Sion, Tunbridge Wells, Kent, TN1 1YS. The registered office is the address held on the public register, which is not always the trading address.
- When was Horizon Exploration Limited founded?
- Horizon Exploration Limited was incorporated on 30 March 1993, 10 years before the liquidator was appointed.
- What is Horizon Exploration Limited's company number?
- Horizon Exploration Limited's registered company number is 02804983.
- Does Horizon Exploration Limited have any outstanding charges?
- 3 outstanding charges are registered against Horizon Exploration Limited out of 30 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Horizon Exploration 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 Horizon Exploration 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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