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Is JFN Limited in creditors' voluntary liquidation?

Last verified 5 June 2026
In Creditors' Voluntary LiquidationYes, JFN Limited (company number SC204768) entered creditors' voluntary liquidation on 7 August 2024, by its creditors. Matthew Boyd Callaghan of FTI Consulting LLP was appointed as liquidator.

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JFN 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.

How the case progressed

  1. Administration
    10 August 2023
  2. Creditors' voluntary liquidation
    7 August 2024 · FTI Consulting LLP

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company numberSC204768
Previously known as
  • James Fisher Nuclear Limited, Oct 2010 to Mar 2023
  • JF Faber Limited, Aug 2009 to Oct 2010
  • MB Faber Limited, Aug 2002 to Aug 2009
  • Faber Design Consultancy Limited, Dec 2000 to Aug 2002
  • Motherwell Bridge Investments Limited, Apr 2000 to Dec 2000
  • M M & S (2625) Limited, Mar 2000 to Apr 2000
Incorporated9 March 2000 (26 years old)
Registered officeWizu Workspace, 2 West Regent Street, Glasgow, G2 1RW
Nature of business (SIC)62090: Other information technology service activities (IT & managed services)
Date entered creditors' voluntary liquidation7 August 2024
LiquidatorMatthew Boyd Callaghan, FTI Consulting LLP (licensed insolvency practitioner)
Official noticeView the official notice ↗
Statement of AffairsFiled 21 September 2023, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

JFN Limited is a it & managed services business based in Glasgow, incorporated in 2000 and 24 years old when the liquidator was appointed. Its registered activity is other information technology service activities (SIC 62090). There have been 48 director appointments since incorporation, of which 6 were on the board when the liquidator was appointed, alongside 1 person with significant control. 15 charges have been registered against the company, 4 of which are still outstanding.

Directors

48 people have been appointed as directors of JFN Limited.

DirectorStatusResigned
Stephen Thomas TulkActive—
Peter Gerard GreenhalghActive—
Dominic BeanActive—
JFN Holdings LimitedActive—
Cossey Cosec Services Limited+ 11 othersActive—
Tom AlbuttActive—
42 former directors · resigned 2000 to 2023
Benjamin Douglas ReadResigned30 Aug 2023
Peter Alexander SpeirsResigned31 Dec 2022
Peter Alexander SpeirsResigned31 Dec 2022
Eoghan Pol O'Lionaird+ 1 otherResigned31 Oct 2022
James Henry John MarshResigned1 Sep 2022
Stuart Francis YellowleesResigned13 Aug 2021
Stuart Charles Kilpatrick+ 1 otherResigned29 Apr 2021
Joanne BurkeResigned2 Dec 2020
Paul Michael ReadResigned4 Jun 2020
Nicholas Paul Henry+ 2 othersResigned1 Oct 2019
Jason Nicholas WashingtonResigned17 Apr 2019
Michael John HogganResigned3 Jul 2017
Jonathan Proctor VickResigned26 Apr 2016
Alan Christopher LewisResigned30 Oct 2015
Timothy Charles HarrisResigned31 Jul 2012
Michael John ShieldsResigned30 Nov 2010
Stephen James LiddicottResigned29 Oct 2010
Justin John Blakeney Tyler+ 2 othersResigned31 Aug 2010
Derek MayResigned31 Jan 2010
Gordon William KerrResigned17 Aug 2009
Craig Richard GallagherResigned17 Aug 2009
Gordon William KerrResigned17 Aug 2009
Stephen EllisonResigned10 Mar 2008
Michael Hugh Hayes+ 4 othersResigned20 Apr 2007
Owen Polland+ 2 othersResigned20 Apr 2007
Robert Herd Hamilton+ 2 othersResigned20 Apr 2007
Angela CottonResigned18 Apr 2007
David Gilbert BerryResigned2 Jun 2006
Frank DaltonResigned19 Nov 2004
Owen Polland+ 2 othersResigned1 Jul 2004
Derek Robert BamberResigned26 Nov 2003
Angela CottonResigned13 Oct 2003
Alexander Alister MacDonald+ 1 otherResigned24 Sep 2003
Archibald Anderson Bethel+ 2 othersResigned31 Aug 2003
John Lumsden+ 1 otherResigned31 Dec 2002
James McCartney+ 4 othersResigned30 Jun 2002
Martin Liam FergusonResigned30 Jun 2002
Martin Liam FergusonResigned30 Oct 2001
Alexander Alister MacDonald+ 1 otherResigned27 Mar 2001
Vindex Services Limited+ 15 othersResigned19 Apr 2000
Maclay Murray & Spens LLP+ 24 othersResigned19 Apr 2000
Vindex Limited+ 16 othersResigned19 Apr 2000

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.

Charges register

Secured creditors and encumbrances against the company. 4 outstanding · 11 satisfied.

Status · Creditor · Type · Dates
OutstandingJames Fisher and Sons Public Limited Company
A registered charge · Created 3 Mar 2023 · Pending
OutstandingJcp Five Limited (As Security Agent)
A registered charge · Created 3 Mar 2023 · Pending
OutstandingJames Fisher and Sons Public Limited Company
A registered charge · Created 3 Mar 2023 · Pending
OutstandingJames Fisher and Sons Public Limited Company
A registered charge · Created 3 Mar 2023 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Floating charge · Created 20 Apr 2007 · Satisfied 18 Aug 2009
9 earlier charges · 2002 to 2007
SatisfiedThe Royal Bank of Scotland PLC
Floating charge · Created 20 Apr 2007 · Satisfied 18 Aug 2009
SatisfiedRbs Invoice Finance Limited
Floating charge · Created 8 Sep 2006 · Satisfied 24 Apr 2007
SatisfiedThe Royal Bank of Scotland PLC
Floating charge · Created 8 Sep 2006 · Satisfied 24 Apr 2007
SatisfiedThe Royal Bank of Scotland PLC
Floating charge · Created 8 Sep 2006 · Satisfied 24 Apr 2007
SatisfiedNorth Atlantic Value LLP as Security Trustee
Floating charge · Created 8 Sep 2006 · Satisfied 28 Apr 2007
SatisfiedNorth Atlantic Value LLP
Floating charge · Created 8 Sep 2006 · Satisfied 28 Apr 2007
SatisfiedThe Governor and Company of the Bank of Scotland
Floating charge · Created 28 Sep 2003 · Satisfied 27 Sep 2006
SatisfiedThe Governor and Company of the Bank of Scotland as Security Trustee
Floating charge · Created 28 Sep 2003 · Satisfied 27 Sep 2006
SatisfiedThe Royal Bank of Scotland PLC as Security Trustee
Fixed charge · Created 11 Dec 2002 · Satisfied 16 Oct 2003
SatisfiedThe Royal Bank of Scotland PLC as Security Trustee
Bond & floating charge · Created 11 Dec 2002 · Satisfied 16 Oct 2003

What happened

EventDateType
Registered office address changed12 March 2026AD01
Move from Administration case to Creditor's Voluntary Liquidation7 August 2024AM22(Scot)
Administrator's progress report15 July 2024AM10(Scot)
Administrator's progress report3 April 2024AM10(Scot)
Establishment of creditors' committee (Administration)4 December 2023COM1(Scot)
221 earlier events · 2000 to 2023
Creditors’ decision on administrator’s proposals23 October 2023AM07(Scot)
Notice of Administrator's proposal3 October 2023AM03(Scot)
Statement of affairs21 September 2023AM02(Scot)
Registered office address changed13 September 2023AD01
Termination of appointment as a director30 August 2023TM01
Appointment of an administrator10 August 2023AM01(Scot)
Registered office address changed21 March 2023AD01
Appointment as a director21 March 2023AP01
Appointment as a director21 March 2023AP01
Registration of charge , created10 March 2023MR01
Registration of charge , created10 March 2023MR01
Appointment as a secretary9 March 2023AP04
Registration of charge , created9 March 2023MR01
Memorandum and Articles of Association9 March 2023MA
Resolutions9 March 2023RESOLUTIONS
Appointment as a director9 March 2023AP02
Certificate of change of name8 March 2023CERTNM
Registration of charge , created8 March 2023MR01
Confirmation statement made with no updates19 January 2023CS01
Termination of appointment as a director12 January 2023TM01
Termination of appointment as a secretary12 January 2023TM02
Termination of appointment as a director31 October 2022TM01
Appointment as a director31 October 2022AP01
Full accounts made up20 September 2022AA
Termination of appointment as a secretary2 September 2022TM02
Appointment as a secretary2 September 2022AP03
Appointment as a director2 August 2022AP01
Confirmation statement made with no updates19 January 2022CS01
Full accounts made up15 September 2021AA
Termination of appointment as a director26 August 2021TM01
Termination of appointment as a director30 April 2021TM01
Confirmation statement made with updates29 January 2021CS01
Statement of capital following an allotment of shares28 January 2021SH01
Termination of appointment as a director2 December 2020TM01
Full accounts made up8 September 2020AA
Appointment as a director5 June 2020AP01
Termination of appointment as a director4 June 2020TM01
Confirmation statement made with no updates20 January 2020CS01
Appointment as a director15 October 2019AP01
Termination of appointment as a director15 October 2019TM01
Full accounts made up4 September 2019AA
Termination of appointment as a director17 April 2019TM01
Appointment as a director17 April 2019AP01
Confirmation statement made with no updates21 January 2019CS01
Full accounts made up14 September 2018AA
Director's details changed6 September 2018CH01
Confirmation statement made with no updates29 January 2018CS01
Director's details changed15 November 2017CH01
Appointment as a secretary6 July 2017AP03
Termination of appointment as a secretary5 July 2017TM02
Full accounts made up29 June 2017AA
Confirmation statement made with updates19 January 2017CS01
Full accounts made up19 July 2016AA
Termination of appointment as a secretary5 May 2016TM02
Appointment as a secretary3 May 2016AP03
Annual return made up with full list of shareholders9 March 2016AR01
Termination of appointment as a director4 November 2015TM01
Full accounts made up20 July 2015AA
Appointment as a director23 April 2015AP01
Annual return made up with full list of shareholders9 March 2015AR01
Miscellaneous5 November 2014MISC
Auditor's resignation23 October 2014AUD
Full accounts made up14 July 2014AA
Annual return made up with full list of shareholders10 March 2014AR01
Full accounts made up11 July 2013AA
Annual return made up with full list of shareholders11 March 2013AR01
Director's details changed11 March 2013CH01
Director's details changed11 March 2013CH01
Termination of appointment as a director8 August 2012TM01
Full accounts made up28 June 2012AA
Annual return made up with full list of shareholders9 March 2012AR01
Director's details changed30 August 2011CH01
Full accounts made up29 June 2011AA
Annual return made up with full list of shareholders10 March 2011AR01
Appointment as a director1 March 2011AP01
Appointment as a director1 March 2011AP01
Resolutions7 February 2011RESOLUTIONS
Statement of company's objects7 February 2011CC04
Termination of appointment as a director9 December 2010TM01
Appointment as a director2 December 2010AP01
Termination of appointment as a director2 November 2010TM01
Resolutions4 October 2010RESOLUTIONS
Certificate of change of name4 October 2010CERTNM
Appointment as a director30 September 2010AP01
Appointment as a secretary7 September 2010AP03
Termination of appointment as a secretary3 September 2010TM02
Full accounts made up23 June 2010AA
Annual return made up with full list of shareholders1 April 2010AR01
Director's details changed30 March 2010CH01
Director's details changed30 March 2010CH01
Registered office address changed30 March 2010AD01
Director's details changed30 March 2010CH01
Director's details changed30 March 2010CH01
Secretary's details changed30 March 2010CH03
Termination of appointment as a director30 March 2010TM01
Director's details changed30 March 2010CH01
Legacy4 September 2009288a
Legacy4 September 2009288a
Legacy4 September 2009288a
Legacy4 September 2009288a
Legacy4 September 2009288a
Legacy4 September 2009288a
Legacy28 August 2009288b
Legacy28 August 2009288b
Legacy24 August 2009287
Legacy20 August 2009419a(Scot)
Legacy20 August 2009419a(Scot)
Certificate of change of name20 August 2009CERTNM
Legacy21 April 2009288c
Full accounts made up2 April 2009AA
Legacy9 March 2009363a
Legacy11 August 2008288c
Full accounts made up8 April 2008AA
Legacy14 March 2008363a
Legacy12 March 2008288a
Legacy10 March 2008288b
Legacy9 August 2007225
Legacy25 May 2007288b
Legacy25 May 2007288b
Legacy25 May 2007288b
Legacy25 May 2007288b
Resolutions14 May 2007RESOLUTIONS
Legacy14 May 2007155(6)a
Legacy28 April 2007419a(Scot)
Legacy28 April 2007419a(Scot)
Legacy26 April 2007410(Scot)
Legacy26 April 2007410(Scot)
Legacy26 April 2007288a
Legacy24 April 2007419a(Scot)
Legacy24 April 2007419a(Scot)
Legacy24 April 2007419a(Scot)
Legacy13 April 2007288a
Legacy20 March 2007363s
Legacy14 March 2007288a
Full accounts made up1 February 2007AA
Alterations to a floating charge28 September 2006466(Scot)
Alterations to a floating charge28 September 2006466(Scot)
Alterations to a floating charge28 September 2006466(Scot)
Alterations to a floating charge28 September 2006466(Scot)
Alterations to a floating charge28 September 2006466(Scot)
Alterations to a floating charge28 September 2006466(Scot)
Legacy27 September 2006419a(Scot)
Legacy27 September 2006419a(Scot)
Legacy27 September 2006410(Scot)
Alterations to a floating charge27 September 2006466(Scot)
Legacy23 September 2006410(Scot)
Legacy23 September 2006410(Scot)
Legacy19 September 2006410(Scot)
Alterations to a floating charge19 September 2006466(Scot)
Legacy19 September 2006410(Scot)
Legacy14 September 2006155(6)a
Resolutions14 September 2006RESOLUTIONS
Legacy14 September 2006155(6)a
Legacy28 June 2006288b
Legacy13 March 2006363s
Resolutions15 February 2006RESOLUTIONS
Full accounts made up11 October 2005AA
Full accounts made up29 April 2005AA
Legacy20 March 2005363s
Legacy15 February 2005122
Legacy23 November 2004288b
Auditor's resignation3 August 2004AUD
Legacy2 July 2004288b
Legacy2 July 2004288a
Legacy18 March 2004363s
Legacy10 December 2003288b
Full accounts made up28 November 2003AA
Legacy28 October 2003288a
Legacy28 October 2003288b
Legacy28 October 2003288a
Legacy16 October 2003419a(Scot)
Legacy16 October 2003419a(Scot)
Legacy16 October 2003288b
Legacy13 October 2003155(6)a
Legacy13 October 2003410(Scot)
Legacy13 October 2003410(Scot)
Resolutions11 October 2003RESOLUTIONS
Legacy25 September 2003225
Legacy19 September 2003288b
Legacy14 March 2003363s
Legacy17 February 2003288b
Resolutions31 December 2002RESOLUTIONS
Legacy20 December 2002410(Scot)
Legacy20 December 2002410(Scot)
Legacy14 October 2002288a
Legacy14 October 2002288a
Certificate of change of name21 August 2002CERTNM
Legacy31 July 2002288b
Legacy31 July 2002288b
Full accounts made up15 July 2002AA
Legacy25 April 200288(2)R
Resolutions16 April 2002RESOLUTIONS
Resolutions16 April 2002RESOLUTIONS
Resolutions16 April 2002RESOLUTIONS
Legacy16 April 2002123
Legacy18 March 2002363s
Legacy13 November 2001288a
Legacy9 November 2001288b
Legacy9 November 2001288a
Full accounts made up31 October 2001AA
Legacy8 May 2001363s
Legacy8 May 2001288a
Legacy8 May 2001288a
Legacy8 May 2001288a
Legacy1 March 2001225
Certificate of change of name6 December 2000CERTNM
Legacy15 May 200088(2)R
Legacy15 May 2000123
Memorandum and Articles of Association6 May 2000MEM/ARTS
Resolutions6 May 2000RESOLUTIONS
Resolutions6 May 2000RESOLUTIONS
Resolutions6 May 2000RESOLUTIONS
Resolutions6 May 2000RESOLUTIONS
Legacy21 April 2000288b
Legacy21 April 2000288b
Legacy21 April 2000288b
Legacy21 April 2000288a
Legacy21 April 2000288a
Legacy21 April 2000288a
Legacy21 April 2000287
Certificate of change of name14 April 2000CERTNM
Incorporation9 March 2000NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator (FTI Consulting LLP). 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 it & managed services companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation →

Related guides

What is a validation order? →The order debts are paid →Warning signs in your other customers →What the filings mean →

The bigger picture

The state of UK insolvency →

Frequently asked questions

Is JFN Limited in creditors' voluntary liquidation?
Yes. JFN Limited (company number SC204768) entered creditors' voluntary liquidation on 7 August 2024, by its creditors. Matthew Boyd Callaghan of FTI Consulting LLP was appointed as liquidator.
Who is the liquidator of JFN Limited?
Matthew Boyd Callaghan, a licensed insolvency practitioner at FTI Consulting LLP, was appointed liquidator of JFN Limited on 7 August 2024. Creditors can contact the liquidator directly to submit a claim.
What does JFN Limited do?
JFN Limited's registered nature of business is other information technology service activities (SIC 62090). It is classified in the it & managed services sector.
Where is JFN Limited based?
JFN Limited's registered office is Wizu Workspace, 2 West Regent Street, Glasgow, G2 1RW. The registered office is the address held on the public register, which is not always the trading address.
When was JFN Limited founded?
JFN Limited was incorporated on 9 March 2000, 24 years before the liquidator was appointed.
What is JFN Limited's company number?
JFN Limited's registered company number is SC204768.
Who has significant control of JFN Limited?
1 active person with significant control over JFN Limited is on the register: James Fisher Nuclear Holdings Limited.
Does JFN Limited have any outstanding charges?
4 outstanding charges are registered against JFN Limited out of 15 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of JFN 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 JFN 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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