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Ilyas Wholesale Limited Is Ilyas Wholesale Limited in creditors' voluntary liquidation?
Last verified 18 June 2026
Yes, Ilyas Wholesale Limited (company number 11245534) entered creditors' voluntary liquidation on 12 June 2026, by its creditors. Duncan Coutts of Coots & Boots Limited was appointed as liquidator.
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Ilyas Wholesale Limited 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 11245534 |
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| Incorporated | 9 March 2018 (8 years old) |
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| Registered office | C/O Coots & Boots, 29 Farm Street, London, W1J 5RL |
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| Nature of business (SIC) | 46390: Non-specialised wholesale of food, beverages and tobacco (Retail) |
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| Date entered creditors' voluntary liquidation | 12 June 2026 |
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| Liquidator | Duncan Coutts, Coots & Boots Limited (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
Ilyas Wholesale Limited is a retail business based in London, incorporated in 2018 and 8 years old when the liquidator was appointed. Its registered activity is non-specialised wholesale of food, beverages and tobacco (SIC 46390). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of Ilyas Wholesale Limited.
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.
Mr Majid Ilyas
individual person with significant control · British · United Kingdom
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
1 ceased control
- Mr Saqib Ilyas · ceased 1 Feb 2026
What happened
EventDateType
Appointment of a voluntary liquidator1 July 2026600
Statement of affairs1 July 2026LIQ02
Creditors' voluntary liquidationStatus12 June 2026
Registered office address changed from Unit 1B-1D 10 Argall Avenue London E10 7QE United Kingdom to C/O Coots & Boots 29 Farm Street London W1J 5RL on 2026-05-1919 May 2026AD01 +21 earlier events · 2019 to 2026
Confirmation statement made on 2026-05-19 with updates19 May 2026CS01 Termination of appointment of Saqib Ilyas as a director on 2026-02-0129 April 2026TM01 Cessation of Saqib Ilyas as a person with significant control on 2026-02-0129 April 2026PSC07 Confirmation statement made on 2026-03-08 with updates17 March 2026CS01 Total exemption full accounts made up to 2025-03-3130 December 2025AA Confirmation statement made on 2025-03-08 with updates18 March 2025CS01 Total exemption full accounts made up to 2024-03-3130 December 2024AA Total exemption full accounts made up to 2023-03-3128 March 2024AA Confirmation statement made on 2024-03-08 with updates20 March 2024CS01 Previous accounting period shortened from 2023-03-31 to 2023-03-3029 December 2023AA01 Confirmation statement made on 2023-03-08 with updates15 March 2023CS01 Total exemption full accounts made up to 2022-03-3123 December 2022AA Confirmation statement made on 2022-03-08 with updates17 March 2022CS01 Total exemption full accounts made up to 2021-03-3121 December 2021AA Total exemption full accounts made up to 2020-03-3129 March 2021AA Confirmation statement made on 2021-03-08 with updates24 March 2021CS01 Change of details for Mr Saqib Ilyas as a person with significant control on 2021-03-0724 March 2021PSC04 Change of details for Mr Majid Ilyas as a person with significant control on 2021-03-0717 March 2021PSC04 Confirmation statement made on 2020-03-08 with updates11 March 2020CS01 Total exemption full accounts made up to 2019-03-319 December 2019AA Confirmation statement made on 2019-03-08 with updates1 April 2019CS01 Incorporation9 March 2018NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Coots & Boots Limited). 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Ilyas Wholesale Limited in creditors' voluntary liquidation?
- Yes. Ilyas Wholesale Limited (company number 11245534) entered creditors' voluntary liquidation on 12 June 2026, by its creditors. Duncan Coutts of Coots & Boots Limited was appointed as liquidator.
- Who is the liquidator of Ilyas Wholesale Limited?
- Duncan Coutts, a licensed insolvency practitioner at Coots & Boots Limited, was appointed liquidator of Ilyas Wholesale Limited on 12 June 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Ilyas Wholesale Limited do?
- Ilyas Wholesale Limited's registered nature of business is non-specialised wholesale of food, beverages and tobacco (SIC 46390). It is classified in the retail sector.
- Where is Ilyas Wholesale Limited based?
- Ilyas Wholesale Limited's registered office is C/O Coots & Boots, 29 Farm Street, London, W1J 5RL. The registered office is the address held on the public register, which is not always the trading address.
- When was Ilyas Wholesale Limited founded?
- Ilyas Wholesale Limited was incorporated on 9 March 2018, 8 years before the liquidator was appointed.
- What is Ilyas Wholesale Limited's company number?
- Ilyas Wholesale Limited's registered company number is 11245534.
- Who has significant control of Ilyas Wholesale Limited?
- 1 active person with significant control over Ilyas Wholesale Limited is on the register: Mr Majid Ilyas.
- What does liquidation mean for creditors of Ilyas Wholesale 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 Ilyas Wholesale 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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