HomeCompanies in LiquidationIndependent Derivative Traders Limited

Is Independent Derivative Traders Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Independent Derivative Traders Limited (company number 03038982) entered compulsory liquidation on 25 November 2016, by order of the court. Stephen Hunt of null was appointed as liquidator.

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Independent Derivative Traders 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

  1. Administration
    3 June 2016
  2. Compulsory liquidation
    25 November 2016

Company at a glance

StatusIn Compulsory Liquidation
Company number03038982
Previously known as
  • Elmday Limited, Mar 1995 to May 1995
Incorporated29 March 1995 (31 years old)
Registered officeGriffins, Suite 011, Unit 2, 94a Wycliffe Road, Northampton, NN1 5JF
Nature of business (SIC)66190: Activities auxiliary to financial intermediation n.e.c.
Date entered compulsory liquidation25 November 2016
LiquidatorStephen Hunt, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Independent Derivative Traders Limited is a UK limited company, incorporated in 1995 and 21 years old when the liquidator was appointed. Its registered activity is activities auxiliary to financial intermediation n.e.c. (SIC 66190). There have been 9 director appointments since incorporation, of which 4 were on the board when the liquidator was appointed. 2 charges have been registered against the company, 2 of which are still outstanding.

Directors

9 people have been appointed as directors of Independent Derivative Traders Limited.

DirectorStatusResigned
Mark RossiActive
Mark RossiActive
Daniel Michael GoldbergActive
Claire Michelle RossiActive
Paul RossiResigned4 Mar 2011
Allied Secretaries Limited+ 1 otherResigned14 Feb 2002
3 former directors · resigned 1995 to 1998
Paceseed Limited+ 1 otherResigned8 Jun 1998
The Company Registration Agents Limited+ 10 othersResigned29 Mar 1995
Luciene James Limited+ 25 othersResigned29 Mar 1995

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. 2 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingClaire Michelle Rossi
Debenture · Created 5 Dec 2012 · Pending
OutstandingTopland Portfolio No.1 Limited
Rent deposit deed · Created 16 Mar 2010 · Pending

What happened

EventDateType
Progress report in a winding up by the court26 January 2026WU07
Registered office address changed26 August 2025AD01
Progress report in a winding up by the court23 January 2025WU07
Progress report in a winding up by the court25 January 2024WU07
Registered office address changed27 September 2023AD01
92 earlier events · 1995 to 2023
Progress report in a winding up by the court9 February 2023WU07
Progress report in a winding up by the court21 January 2022WU07
Change of membership of creditors or liquidation committee25 May 2021COM2
Progress report in a winding up by the court18 January 2021WU07
Progress report in a winding up by the court31 December 2019WU07
Progress report in a winding up by the court5 February 2019WU07
Establishment of creditors or liquidation committee9 May 2018COM1
Notice of removal of liquidator by court28 February 2018WU14
Progress report in a winding up by the court30 January 2018WU07
Appointment of a liquidator6 January 20174.31
Registered office address changed3 January 2017AD01
Order of court to wind up16 December 2016COCOMP
Notice of a court order ending Administration16 December 20162.33B
Compulsory liquidationStatus25 November 2016
Result of meeting of creditors29 September 20162.23B
Result of meeting of creditors5 September 20162.23B
Statement of administrator's proposal2 August 20162.17B
Appointment of an administrator24 June 20162.12B
AdministrationStatus3 June 2016
Registered office address changed26 May 2016AD01
Annual return made up with full list of shareholders5 April 2016AR01
Total exemption small company accounts made up21 September 2015AA
Annual return made up with full list of shareholders15 April 2015AR01
Total exemption small company accounts made up17 December 2014AA
Annual return made up with full list of shareholders14 April 2014AR01
Director's details changed1 April 2014CH01
Director's details changed1 April 2014CH01
Total exemption small company accounts made up3 February 2014AA
Annual return made up with full list of shareholders8 April 2013AR01
Legacy7 December 2012MG01
Total exemption small company accounts made up1 October 2012AA
Annual return made up with full list of shareholders9 May 2012AR01
Appointment as a director9 February 2012AP01
Total exemption small company accounts made up1 February 2012AA
Annual return made up with full list of shareholders18 May 2011AR01
Director's details changed10 May 2011CH01
Termination of appointment as a director11 March 2011TM01
Total exemption small company accounts made up28 September 2010AA
Annual return made up with full list of shareholders26 April 2010AR01
Legacy24 March 2010MG01
Appointment as a director4 March 2010AP01
Total exemption small company accounts made up7 September 2009AA
Legacy30 June 2009363a
Total exemption small company accounts made up7 October 2008AA
Legacy30 April 2008363a
Total exemption small company accounts made up2 April 2008AA
Legacy7 August 200788(2)R
Legacy26 July 2007122
Legacy26 July 2007123
Resolutions26 July 2007RESOLUTIONS
Resolutions26 July 2007RESOLUTIONS
Resolutions26 July 2007RESOLUTIONS
Legacy11 May 2007363a
Legacy12 December 2006287
Full accounts made up4 November 2006AA
Legacy21 April 2006363a
Full accounts made up1 November 2005AA
Legacy5 May 2005363s
Full accounts made up9 September 2004AA
Legacy14 April 2004363s
Full accounts made up22 January 2004AA
Legacy18 April 2003363s
Full accounts made up6 April 2003AA
Legacy26 April 2002363s
Full accounts made up3 April 2002AA
Legacy4 March 2002288a
Legacy19 February 2002288b
Legacy18 May 2001363s
Full accounts made up12 April 2001AA
Legacy5 May 2000363s
Full accounts made up14 March 2000AA
Legacy20 May 1999363s
Full accounts made up9 February 1999AA
Legacy16 June 1998287
Legacy16 June 1998288b
Legacy16 June 1998288a
Legacy28 April 1998363s
Accounts for a small company made up22 January 1998AA
Legacy21 January 199888(2)R
Accounts for a small company made up28 November 1997AA
Resolutions19 November 1997RESOLUTIONS
Legacy19 November 1997123
Legacy2 June 1997363s
Legacy9 April 1996363s
Legacy17 October 199588(2)
Legacy31 August 1995224
Legacy5 May 1995288
Legacy5 May 1995288
Legacy5 May 1995288
Legacy5 May 1995287
Resolutions5 May 1995RESOLUTIONS
Certificate of change of name1 May 1995CERTNM
Incorporation29 March 1995NEWINC

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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Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is Independent Derivative Traders Limited in compulsory liquidation?
Yes. Independent Derivative Traders Limited (company number 03038982) entered compulsory liquidation on 25 November 2016, by order of the court. Stephen Hunt of null was appointed as liquidator.
Who is the liquidator of Independent Derivative Traders Limited?
Stephen Hunt, a licensed insolvency practitioner at null, was appointed liquidator of Independent Derivative Traders Limited on 25 November 2016. Creditors can contact the liquidator directly to submit a claim.
What does Independent Derivative Traders Limited do?
Independent Derivative Traders Limited's registered nature of business is activities auxiliary to financial intermediation n.e.c. (SIC 66190).
Where is Independent Derivative Traders Limited based?
Independent Derivative Traders Limited's registered office is Griffins, Suite 011, Unit 2, 94a Wycliffe Road, Northampton, NN1 5JF. The registered office is the address held on the public register, which is not always the trading address.
When was Independent Derivative Traders Limited founded?
Independent Derivative Traders Limited was incorporated on 29 March 1995, 21 years before the liquidator was appointed.
What is Independent Derivative Traders Limited's company number?
Independent Derivative Traders Limited's registered company number is 03038982.
Does Independent Derivative Traders Limited have any outstanding charges?
2 outstanding charges are registered against Independent Derivative Traders Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of Independent Derivative Traders 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 Independent Derivative Traders 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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