Is Hydrogen Vehicle Systems Ltd in administration?
Last verified 16 June 2026
Yes, Hydrogen Vehicle Systems Ltd (company number SC576231) entered administration on 13 October 2025. Paul Dounis of null was appointed as administrator.
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Hydrogen Vehicle Systems Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | SC576231 |
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| Previously known as | - HV Systems Ltd, Sep 2017 to Sep 2022
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| Incorporated | 13 September 2017 (9 years old) |
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| Registered office | 8 Walker Street, Edinburgh, EH3 7LA |
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| Nature of business (SIC) | 29100: Manufacture of motor vehicles (Manufacturing) |
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| Date entered administration | 13 October 2025 |
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| Administrator | Paul Dounis, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Hydrogen Vehicle Systems Ltd is a manufacturing business based in Edinburgh, incorporated in 2017 and 8 years old when the administrator was appointed. Its registered activity is manufacture of motor vehicles (SIC 29100). There have been 7 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 3 people with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Statement of Affairs
No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.
Directors
7 people have been appointed as directors of Hydrogen Vehicle Systems Ltd.
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.
Beehive Equity Limited
corporate entity person with significant control
Ownership of shares 25-50%Voting rights 25-50%
Mr Abdul Waheed
individual person with significant control · British · Scotland
Ownership of shares 25-50%Voting rights 25-50%
Layaan Ltd
corporate entity person with significant control
Ownership of shares 25-50%Voting rights 25-50%
2 ceased controls
- Mr Emil Stoyanov Rangelov · ceased 8 Jun 2020
- Mr Abdul Waheed · ceased 8 Jun 2020
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingBeehive Equity Limited
A registered charge · Created 30 Aug 2022 · Pending
What happened
EventDateType
Administrator's progress report29 April 2026AM10(Scot)
Approval of administrator’s proposals5 November 2025AM06(Scot)
Registered office address changed from 8 Walker Street Edinburgh EH3 7LA to 8 Walker Street Edinburgh EH3 7LA on 2025-10-2222 October 2025AD01 Notice of Administrator's proposal21 October 2025AM03(Scot)
Registered office address changed from Park View House 96 Caledonia Street Glasgow G5 0XG Scotland to 8 Walker Street Edinburgh EH3 7LA on 2025-10-2020 October 2025AD01 +59 earlier events · 2018 to 2025
Notice of Administrator's proposal15 October 2025AM03(Scot)
Appointment of an administrator13 October 2025AM01(Scot)
Termination of appointment of Abdul Waheed as a director on 2025-09-048 September 2025TM01 Confirmation statement made on 2025-07-22 with no updates19 August 2025CS01 Memorandum and Articles of Association20 January 2025MA Total exemption full accounts made up to 2024-10-317 January 2025AA Previous accounting period shortened from 2024-12-31 to 2024-10-314 November 2024AA01 Appointment of Mr Abdul Waheed as a director on 2024-10-2929 October 2024AP01 Registered office address changed from 45 Rankine Avenue East Kilbride Glasgow G75 0QF Scotland to Park View House 96 Caledonia Street Glasgow G5 0XG on 2024-10-2828 October 2024AD01 Termination of appointment of Ian Stuart Palmer as a director on 2024-10-2122 October 2024TM01 Confirmation statement made on 2024-07-22 with updates26 July 2024CS01 Registered office address changed from Park View House 96 Caledonia Street Glasgow G5 0XG Scotland to 45 Rankine Avenue East Kilbride Glasgow G75 0QF on 2024-05-1616 May 2024AD01 Total exemption full accounts made up to 2023-12-3129 April 2024AA Appointment of Mr Ian Stuart Palmer as a director on 2024-03-2929 March 2024AP01 Current accounting period extended from 2023-09-30 to 2023-12-312 August 2023AA01 Confirmation statement made on 2023-07-22 with updates31 July 2023CS01 Total exemption full accounts made up to 2022-09-3029 June 2023AA Second filing of Confirmation Statement dated 2011-08-1122 June 2023RP04CS01 Second filing of Confirmation Statement dated 2021-08-1111 April 2023RP04CS01 Certificate of change of name13 September 2022CERTNM Registration of charge SC5762310001, created on 2022-08-3031 August 2022MR01 22/07/22 Statement of Capital gbp 3.18318725 August 2022CS01 Total exemption full accounts made up to 2021-09-308 June 2022AA Confirmation statement made on 2021-08-11 with updates29 September 2021CS01 Notification of Beehive Equity Limited as a person with significant control on 2021-06-307 July 2021PSC02 Notification of Abdul Waheed as a person with significant control on 2020-11-307 July 2021PSC01 Change of details for Layaan Ltd as a person with significant control on 2020-11-307 July 2021PSC05 Statement of capital following an allotment of shares on 2021-06-307 July 2021SH01 Memorandum and Articles of Association5 July 2021MA Total exemption full accounts made up to 2020-09-3028 June 2021AA Confirmation statement made on 2020-08-21 with updates24 August 2020CS01 Total exemption full accounts made up to 2019-09-308 July 2020AA Statement of capital following an allotment of shares on 2019-09-303 July 2020SH01 Notification of Layaan Ltd as a person with significant control on 2020-06-0815 June 2020PSC02 Cessation of Emil Stoyanov Rangelov as a person with significant control on 2020-06-0815 June 2020PSC07 Cessation of Abdul Waheed as a person with significant control on 2020-06-0815 June 2020PSC07 Termination of appointment of Abdul Waheed as a director on 2020-06-0815 June 2020TM01 Appointment of Mr Jawad Khursheed as a director on 2020-06-0815 June 2020AP01 Termination of appointment of Emil Stoyanov Rangelov as a director on 2020-06-0815 June 2020TM01 Confirmation statement made on 2019-09-12 with updates4 October 2019CS01 Second filing of a statement of capital following an allotment of shares on 2018-12-278 April 2019RP04SH01 Termination of appointment of Rizwan Mohammed as a director on 2019-03-1919 March 2019TM01 Statement of capital following an allotment of shares on 2018-12-2714 March 2019SH01 Termination of appointment of Jawad Khursheed as a director on 2019-02-2222 February 2019TM01 Micro company accounts made up to 2018-09-3013 February 2019AA Statement of capital following an allotment of shares on 2018-12-2430 January 2019SH01 Appointment of Mr Jawad Khursheed as a director on 2019-01-1821 January 2019AP01 Appointment of Mr Rizwan Mohammed as a director on 2018-11-2314 January 2019AP01 Statement of capital following an allotment of shares on 2018-11-2311 December 2018SH01 Sub-division of shares on 2018-11-2311 December 2018SH02 Confirmation statement made on 2018-09-12 with no updates20 September 2018CS01 Director's details changed for Mr Emil Stoyanov Rangelov on 2018-05-1818 May 2018CH01 Incorporation13 September 2017NEWINC What this means for you
If you are a creditor
Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →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
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
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 manufacturing companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Hydrogen Vehicle Systems Ltd in administration?
- Yes. Hydrogen Vehicle Systems Ltd (company number SC576231) entered administration on 13 October 2025. Paul Dounis of null was appointed as administrator.
- Who is the administrator of Hydrogen Vehicle Systems Ltd?
- Paul Dounis, a licensed insolvency practitioner at null, was appointed administrator of Hydrogen Vehicle Systems Ltd on 13 October 2025. Creditors can contact the administrator directly to submit a claim.
- What does Hydrogen Vehicle Systems Ltd do?
- Hydrogen Vehicle Systems Ltd's registered nature of business is manufacture of motor vehicles (SIC 29100). It is classified in the manufacturing sector.
- Where is Hydrogen Vehicle Systems Ltd based?
- Hydrogen Vehicle Systems Ltd's registered office is 8 Walker Street, Edinburgh, EH3 7LA. The registered office is the address held on the public register, which is not always the trading address.
- When was Hydrogen Vehicle Systems Ltd founded?
- Hydrogen Vehicle Systems Ltd was incorporated on 13 September 2017, 8 years before the administrator was appointed.
- What is Hydrogen Vehicle Systems Ltd's company number?
- Hydrogen Vehicle Systems Ltd's registered company number is SC576231.
- Who has significant control of Hydrogen Vehicle Systems Ltd?
- 3 active people with significant control over Hydrogen Vehicle Systems Ltd are on the register: Beehive Equity Limited, Mr Abdul Waheed, Layaan Ltd.
- Does Hydrogen Vehicle Systems Ltd have any outstanding charges?
- an outstanding charge is registered against Hydrogen Vehicle Systems Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Hydrogen Vehicle Systems Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Hydrogen Vehicle Systems Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Hydrogen Vehicle Systems Ltd go into administration?
- Hydrogen Vehicle Systems Ltd went into administration on 13 October 2025.
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