Is Iotl Ltd in compulsory liquidation?
Last verified 26 June 2026
Yes, Iotl Ltd (company number SC613846) entered compulsory liquidation on 30 April 2026, by order of the court. Christine Convy of Dunedin Advisory was appointed as liquidator.
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Iotl Ltd 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.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | SC613846 |
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| Incorporated | 16 November 2018 (8 years old) |
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| Registered office | Itek House, Glenrothes, KY7 4NS |
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| Nature of business (SIC) | 56101: Licenced restaurants (Hospitality & food) |
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| Date entered compulsory liquidation | 30 April 2026 |
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| Liquidator | Christine Convy, Dunedin Advisory (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
Iotl Ltd is a hospitality & food business based in Glenrothes, incorporated in 2018 and 8 years old when the liquidator was appointed. Its registered activity is licenced restaurants (SIC 56101). 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 Iotl 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.
Mr Alan Herries
individual person with significant control · British · Scotland
Ownership of shares 25-50%Voting rights 25-50%
1 ceased control
- Mr Michael Herries · ceased 12 Sep 2022
What happened
EventDateType
Court order in a winding-up (& Court Order attachment)6 May 2026WU01(Scot)
Registered office address changed from 61 Murieston Valley Livingston EH54 9HJ Scotland to Itek House 1 Newark Road South Glenrothes Fife KY7 4NS on 2026-05-066 May 2026AD01 Compulsory liquidationStatus30 April 2026
Unaudited abridged accounts made up to 2024-11-3027 November 2025AA Confirmation statement made on 2025-11-15 with updates17 November 2025CS01 +15 earlier events · 2019 to 2024
Confirmation statement made on 2024-11-15 with no updates4 December 2024CS01 Unaudited abridged accounts made up to 2023-11-3028 August 2024AA Confirmation statement made on 2023-11-15 with no updates28 November 2023CS01 Unaudited abridged accounts made up to 2022-11-3026 August 2023AA Confirmation statement made on 2022-11-15 with no updates30 November 2022CS01 Termination of appointment of Michael Herries as a director on 2022-09-1212 September 2022TM01 Cessation of Michael Herries as a person with significant control on 2022-09-1212 September 2022PSC07 Unaudited abridged accounts made up to 2021-11-3025 August 2022AA Confirmation statement made on 2021-11-15 with no updates25 November 2021CS01 Unaudited abridged accounts made up to 2020-11-3027 September 2021AA Unaudited abridged accounts made up to 2019-11-3023 February 2021AA Compulsory strike-off action has been discontinued10 February 2021DISS40 Confirmation statement made on 2020-11-15 with no updates9 February 2021CS01 First Gazette notice for compulsory strike-off12 January 2021GAZ1 Confirmation statement made on 2019-11-15 with no updates22 November 2019CS01 Incorporation16 November 2018NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Dunedin Advisory). 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 hospitality & food companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Iotl Ltd in compulsory liquidation?
- Yes. Iotl Ltd (company number SC613846) entered compulsory liquidation on 30 April 2026, by order of the court. Christine Convy of Dunedin Advisory was appointed as liquidator.
- Who is the liquidator of Iotl Ltd?
- Christine Convy, a licensed insolvency practitioner at Dunedin Advisory, was appointed liquidator of Iotl Ltd on 30 April 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Iotl Ltd do?
- Iotl Ltd's registered nature of business is licenced restaurants (SIC 56101). It is classified in the hospitality & food sector.
- Where is Iotl Ltd based?
- Iotl Ltd's registered office is Itek House, Glenrothes, KY7 4NS. The registered office is the address held on the public register, which is not always the trading address.
- When was Iotl Ltd founded?
- Iotl Ltd was incorporated on 16 November 2018, 8 years before the liquidator was appointed.
- What is Iotl Ltd's company number?
- Iotl Ltd's registered company number is SC613846.
- Who has significant control of Iotl Ltd?
- 1 active person with significant control over Iotl Ltd is on the register: Mr Alan Herries.
- What does liquidation mean for creditors of Iotl 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 Iotl 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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