HomeCompanies in LiquidationICG Solution Ltd

Is ICG Solution Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, ICG Solution Ltd (company number 10208404) entered creditors' voluntary liquidation on 19 June 2025, by its creditors. Natalie Hughes of null was appointed as liquidator.

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ICG Solution 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 number10208404
Incorporated1 June 2016 (10 years old)
Registered officeThe Town Hall Burnley Road, Padiham, Burnley, Lancashire, BB12 8BS
Nature of business (SIC)96090: Other service activities n.e.c.
Date entered creditors' voluntary liquidation19 June 2025
LiquidatorNatalie Hughes, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

ICG Solution Ltd is a UK limited company based in Burnley, incorporated in 2016 and 9 years old when the liquidator was appointed. Its registered activity is other service activities n.e.c. (SIC 96090). There have been 4 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

4 people have been appointed as directors of ICG Solution Ltd.

DirectorStatusResigned
Ivan Chavdarov GeorgievActive
Ivan Chavdarov GeorgievActive
Martin Sashev PenkovResigned13 Apr 2021
Ivan Chavdarov GeorgievResigned11 Mar 2021

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.

2 ceased controls
  • Mr Martin Sashev Penkov · ceased 11 Mar 2021
  • Mr Ivan Chavdarov Georgiev · ceased 11 Mar 2021

What happened

EventDateType
Registered office address changed27 June 2025AD01
Statement of affairs26 June 2025LIQ02
Appointment of a voluntary liquidator26 June 2025600
Resolutions26 June 2025RESOLUTIONS
Creditors' voluntary liquidationStatus19 June 2025
26 earlier events · 2017 to 2021
Voluntary strike-off action has been suspended5 August 2021SOAS(A)
First Gazette notice for voluntary strike-off6 July 2021GAZ1(A)
Application to strike the company off the register25 June 2021DS01
Appointment as a director26 May 2021AP01
Notification as a person with significant control26 May 2021PSC01
Registered office address changed5 May 2021AD01
Confirmation statement made with updates29 April 2021CS01
Appointment as a secretary29 April 2021AP03
Termination of appointment as a director27 April 2021TM01
Cessation as a person with significant control27 April 2021PSC07
Termination of appointment as a director11 March 2021TM01
Registered office address changed11 March 2021AD01
Confirmation statement made with updates11 March 2021CS01
Appointment as a director11 March 2021AP01
Cessation as a person with significant control11 March 2021PSC07
Notification as a person with significant control11 March 2021PSC01
Confirmation statement made with no updates15 June 2020CS01
Micro company accounts made up30 March 2020AA
Confirmation statement made with no updates1 July 2019CS01
Micro company accounts made up28 March 2019AA
Confirmation statement made with no updates26 July 2018CS01
Micro company accounts made up6 February 2018AA
Compulsory strike-off action has been discontinued6 September 2017DISS40
Notification as a person with significant control5 September 2017PSC01
Confirmation statement made with updates5 September 2017CS01
First Gazette notice for compulsory strike-off22 August 2017GAZ1
Incorporation1 June 2016NEWINC

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

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is ICG Solution Ltd in creditors' voluntary liquidation?
Yes. ICG Solution Ltd (company number 10208404) entered creditors' voluntary liquidation on 19 June 2025, by its creditors. Natalie Hughes of null was appointed as liquidator.
Who is the liquidator of ICG Solution Ltd?
Natalie Hughes, a licensed insolvency practitioner at null, was appointed liquidator of ICG Solution Ltd on 19 June 2025. Creditors can contact the liquidator directly to submit a claim.
What does ICG Solution Ltd do?
ICG Solution Ltd's registered nature of business is other service activities n.e.c. (SIC 96090).
Where is ICG Solution Ltd based?
ICG Solution Ltd's registered office is The Town Hall Burnley Road, Padiham, Burnley, Lancashire, BB12 8BS. The registered office is the address held on the public register, which is not always the trading address.
When was ICG Solution Ltd founded?
ICG Solution Ltd was incorporated on 1 June 2016, 9 years before the liquidator was appointed.
What is ICG Solution Ltd's company number?
ICG Solution Ltd's registered company number is 10208404.
Who has significant control of ICG Solution Ltd?
1 active person with significant control over ICG Solution Ltd is on the register: Mr Ivan Chavdarov Georgiev.
What does liquidation mean for creditors of ICG Solution 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 ICG Solution 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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