Is K & R Assets Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, K & R Assets Limited (company number 04430502) entered compulsory liquidation on 8 July 2009, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
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K & R Assets 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.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 04430502 |
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| Previously known as | - PDS Management Limited, May 2002 to Nov 2002
|
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| Incorporated | 2 May 2002 (24 years old) |
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| Registered office | 61 Osborne Road, Southsea, Portsmouth, Hampshire, P05 3LS |
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| Date entered compulsory liquidation | 8 July 2009 |
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| Liquidator | The Official Receiver Or London, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
K & R Assets Limited is a UK limited company based in Portsmouth, incorporated in 2002 and 7 years old when the liquidator was appointed. There have been 5 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed. 10 charges have been registered against the company, 8 of which are still outstanding.
Directors
5 people have been appointed as directors of K & R Assets Limited.
DirectorStatusAppointedResigned
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. 8 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
OutstandingGrant Murphy and Deborah Murphy
Legal charge · Created 8 Aug 2008 · Pending
OutstandingClydesdale Bank PLC
Legal mortgage · Created 23 Mar 2007 · Pending
OutstandingClydesdale Bank PLC
Legal mortgage · Created 23 Mar 2007 · Pending
OutstandingClydesdale Bank PLC
Legal mortgage · Created 31 Jan 2007 · Pending
OutstandingClydesdale Bank PLC
Debenture · Created 27 Nov 2006 · Pending
+4 earlier charges · 2003 to 2004
OutstandingHsbc Bank PLC
Legal mortgage · Created 8 Dec 2004 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 8 Sep 2004 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 31 Jul 2003 · Pending
SatisfiedHsbc Bank PLC
Legal mortgage · Created 21 Mar 2003 · Satisfied 13 Aug 2008
SatisfiedHsbc Bank PLC
Debenture · Created 19 Mar 2003 · Satisfied 13 Aug 2008
What happened
EventDateType
Receiver's abstract of receipts and payments2 August 20113.6
Legacy2 August 2011LQ02
Receiver's abstract of receipts and payments19 January 20113.6
Receiver's abstract of receipts and payments27 July 20103.6
Legacy25 February 2010LQ01
+36 earlier events · 2002 to 2009
Legacy13 August 2009405(1)
Order of court to wind up28 July 2009COCOMP
Compulsory liquidationStatus8 July 2009
Legacy16 September 2008287 Total exemption small company accounts made up10 January 2007AA Amended accounts made up22 February 2006AAMD Total exemption small company accounts made up5 January 2006AA Total exemption small company accounts made up21 December 2004AA Legacy11 December 2004395 Legacy10 September 2004395 Accounts for a dormant company made up3 March 2004AA Certificate of change of name5 November 2002CERTNM 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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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is K & R Assets Limited in compulsory liquidation?
- Yes. K & R Assets Limited (company number 04430502) entered compulsory liquidation on 8 July 2009, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
- Who is the liquidator of K & R Assets Limited?
- The Official Receiver Or London, a licensed insolvency practitioner at null, was appointed liquidator of K & R Assets Limited on 8 July 2009. Creditors can contact the liquidator directly to submit a claim.
- Where is K & R Assets Limited based?
- K & R Assets Limited's registered office is 61 Osborne Road, Southsea, Portsmouth, Hampshire, P05 3LS. The registered office is the address held on the public register, which is not always the trading address.
- When was K & R Assets Limited founded?
- K & R Assets Limited was incorporated on 2 May 2002, 7 years before the liquidator was appointed.
- What is K & R Assets Limited's company number?
- K & R Assets Limited's registered company number is 04430502.
- Does K & R Assets Limited have any outstanding charges?
- 8 outstanding charges are registered against K & R Assets Limited out of 10 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of K & R Assets 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 K & R Assets 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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