HomeCompanies in LiquidationInternal Audit Connections Ltd

Is Internal Audit Connections Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Internal Audit Connections Ltd (company number 07810808) entered creditors' voluntary liquidation on 17 February 2025, by its creditors. Gillian Margaret Sayburn of null was appointed as liquidator.

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Internal Audit Connections 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 number07810808
Incorporated14 October 2011 (15 years old)
Registered officeGround Floor Portland House 54, New Bridge Street West, Newcastle Upon Tyne, NE1 8AP
Nature of business (SIC)78109: Other activities of employment placement agencies (Recruitment & staffing)
Date entered creditors' voluntary liquidation17 February 2025
LiquidatorGillian Margaret Sayburn, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Internal Audit Connections Ltd is a recruitment & staffing business based in Newcastle upon Tyne, incorporated in 2011 and 14 years old when the liquidator was appointed. Its registered activity is other activities of employment placement agencies (SIC 78109). There have been 3 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, 1 of which is still outstanding.

Directors

3 people have been appointed as directors of Internal Audit Connections Ltd.

DirectorStatusResigned
David HaylorActive
Guy Daniel StaceyActive
Clare HaylorActive

Persons with significant control

Individuals or entities with significant influence or control.

1 ceased control
  • Mr Guy Daniel Stacey · ceased 15 Aug 2024

Charges register

Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.

Status · Creditor · Type · Dates
OutstandingSonovate Limited
A registered charge · Created 24 May 2017 · Pending
SatisfiedCatalyst Business Finance LTD
A registered charge · Created 9 May 2017 · Satisfied 14 Aug 2018

What happened

EventDateType
Return of final meeting in a creditors' voluntary winding up24 June 2026LIQ14
Liquidators' statement of receipts and payments12 March 2026LIQ03
Resolutions24 March 2025RESOLUTIONS
Statement of affairs24 March 2025LIQ02
Appointment of a voluntary liquidator24 March 2025600
61 earlier events · 2012 to 2025
Registered office address changed24 March 2025AD01
Creditors' voluntary liquidationStatus17 February 2025
Confirmation statement made with updates2 January 2025CS01
Total exemption full accounts made up25 September 2024AA
Resolutions22 August 2024RESOLUTIONS
Resolutions22 August 2024RESOLUTIONS
Resolutions22 August 2024RESOLUTIONS
Resolutions22 August 2024RESOLUTIONS
Resolutions22 August 2024RESOLUTIONS
Memorandum and Articles of Association22 August 2024MA
Particulars of variation of rights attached to shares21 August 2024SH10
Change of details as a person with significant control16 August 2024PSC04
Cessation as a person with significant control16 August 2024PSC07
Confirmation statement made with no updates9 January 2024CS01
Total exemption full accounts made up10 March 2023AA
Confirmation statement made with no updates4 January 2023CS01
Total exemption full accounts made up26 September 2022AA
Confirmation statement made with no updates23 January 2022CS01
Total exemption full accounts made up26 September 2021AA
Confirmation statement made with no updates18 January 2021CS01
Total exemption full accounts made up20 December 2020AA
Registered office address changed1 July 2020AD01
Confirmation statement made with updates17 January 2020CS01
Resolutions16 October 2019RESOLUTIONS
Total exemption full accounts made up26 September 2019AA
Change of share class name or designation28 August 2019SH08
Purchase of own shares16 August 2019SH03
Cancellation of shares. Statement of capital5 August 2019SH06
Particulars of variation of rights attached to shares5 August 2019SH10
Sub-division of shares5 August 2019SH02
Resolutions5 August 2019RESOLUTIONS
Registered office address changed1 July 2019AD01
Confirmation statement made with no updates16 January 2019CS01
Change of details as a person with significant control16 January 2019PSC04
Director's details changed16 January 2019CH01
Director's details changed16 January 2019CH01
Director's details changed16 January 2019CH01
Satisfaction of charge in full14 August 2018MR04
Total exemption full accounts made up28 April 2018AA
Confirmation statement made with no updates2 January 2018CS01
Amended total exemption full accounts made up7 August 2017AAMD
Registration of charge , created24 May 2017MR01
Registration of charge , created10 May 2017MR01
Total exemption full accounts made up4 April 2017AA
Confirmation statement made with updates3 January 2017CS01
Consolidation of shares25 November 2016SH02
Director's details changed8 November 2016CH01
Director's details changed8 November 2016CH01
Confirmation statement made with updates17 October 2016CS01
Total exemption small company accounts made up15 January 2016AA
Annual return made up with full list of shareholders27 October 2015AR01
Total exemption small company accounts made up17 March 2015AA
Annual return made up with full list of shareholders17 November 2014AR01
Statement of capital following an allotment of shares17 November 2014SH01
Total exemption small company accounts made up20 February 2014AA
Annual return made up with full list of shareholders4 November 2013AR01
Total exemption small company accounts made up6 March 2013AA
Current accounting period extended29 November 2012AA01
Annual return made up with full list of shareholders19 October 2012AR01
Statement of capital following an allotment of shares1 October 2012SH01
Statement of capital following an allotment of shares24 September 2012SH01
Incorporation14 October 2011NEWINC

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 Internal Audit Connections Ltd in creditors' voluntary liquidation?
Yes. Internal Audit Connections Ltd (company number 07810808) entered creditors' voluntary liquidation on 17 February 2025, by its creditors. Gillian Margaret Sayburn of null was appointed as liquidator.
Who is the liquidator of Internal Audit Connections Ltd?
Gillian Margaret Sayburn, a licensed insolvency practitioner at null, was appointed liquidator of Internal Audit Connections Ltd on 17 February 2025. Creditors can contact the liquidator directly to submit a claim.
What does Internal Audit Connections Ltd do?
Internal Audit Connections Ltd's registered nature of business is other activities of employment placement agencies (SIC 78109). It is classified in the recruitment & staffing sector.
Where is Internal Audit Connections Ltd based?
Internal Audit Connections Ltd's registered office is Ground Floor Portland House 54, New Bridge Street West, Newcastle Upon Tyne, NE1 8AP. The registered office is the address held on the public register, which is not always the trading address.
When was Internal Audit Connections Ltd founded?
Internal Audit Connections Ltd was incorporated on 14 October 2011, 14 years before the liquidator was appointed.
What is Internal Audit Connections Ltd's company number?
Internal Audit Connections Ltd's registered company number is 07810808.
Who has significant control of Internal Audit Connections Ltd?
1 active person with significant control over Internal Audit Connections Ltd is on the register: Mr David Haylor.
Does Internal Audit Connections Ltd have any outstanding charges?
an outstanding charge is registered against Internal Audit Connections Ltd 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 Internal Audit Connections 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 Internal Audit Connections 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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