Is Kultralab Ltd in creditors' voluntary liquidation?
Last verified 6 June 2026
Yes, Kultralab Ltd (company number 12068832) entered creditors' voluntary liquidation on 21 January 2026, by its creditors. Christopher Newell of null was appointed as liquidator.
Do you deal with companies like Kultralab Ltd? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
Kultralab 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.
How the case progressed
Administration
10 February 2025 · Quantuma Advisory Limited
Creditors' voluntary liquidation
21 January 2026
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
|---|
| Company number | 12068832 |
|---|
| Previously known as | - Madridred6 Limited, Jun 2019 to Dec 2020
|
|---|
| Incorporated | 25 June 2019 (7 years old) |
|---|
| Registered office | 1st Floor 21 Station Road, Watford, WD17 1AP |
|---|
| Nature of business (SIC) | 62012: Business and domestic software development (IT & managed services) |
|---|
| Date entered creditors' voluntary liquidation | 21 January 2026 |
|---|
| Liquidator | Christopher Newell, null (licensed insolvency practitioner) |
|---|
| Official notice | View the official notice ↗ |
|---|
| Statement of Affairs | Filed 12 August 2025, declared assets & liabilities ↗ |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Kultralab Ltd is a it & managed services business based in Watford, incorporated in 2019 and 7 years old when the liquidator was appointed. Its registered activity is business and domestic software development (SIC 62012). There have been 6 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
6 people have been appointed as directors of Kultralab 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 Steve Baggi
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingBelgra Fintech Holdings Limited
A registered charge · Created 28 Feb 2024 · Pending
SatisfiedSilicon Valley Bank UK Limited
A registered charge · Created 2 Feb 2023 · Satisfied 2 May 2023
What happened
EventDateType
Appointment of a voluntary liquidator2 February 2026600
Notice of move from Administration case to Creditors Voluntary Liquidation21 January 2026AM22 Administrator's progress report28 August 2025AM10 Statement of affairs12 August 2025AM02 Notice of deemed approval of proposals25 April 2025AM06
+73 earlier events · 2020 to 2025
Statement of administrator's proposal31 March 2025AM03 Registered office address changed11 February 2025AD01 Appointment of an administrator10 February 2025AM01 Registered office address changed6 January 2025AD01 Termination of appointment as a director17 October 2024TM01 Unaudited abridged accounts made up1 July 2024AA Registered office address changed21 June 2024AD01 Confirmation statement made with updates12 June 2024CS01 Termination of appointment as a secretary21 May 2024TM02 Statement of capital following an allotment of shares24 April 2024SH01 Registration of charge , created29 February 2024MR01 Statement of capital following an allotment of shares19 October 2023SH01 Previous accounting period shortened28 September 2023AA01 Memorandum and Articles of Association31 July 2023MA Statement of capital following an allotment of shares6 July 2023SH01 Confirmation statement made with no updates29 June 2023CS01 Statement of capital following an allotment of shares13 June 2023SH01 Satisfaction of charge in full2 May 2023MR04 Previous accounting period shortened28 March 2023AA01 Registration of charge , created3 February 2023MR01 Memorandum and Articles of Association1 February 2023MA Statement of capital following an allotment of shares30 January 2023SH01 Statement of capital following an allotment of shares12 January 2023SH01 Total exemption full accounts made up11 January 2023AA Statement of capital following an allotment of shares22 September 2022SH01 Confirmation statement made with updates11 July 2022CS01 Change of details as a person with significant control29 June 2022PSC04 Change of details as a person with significant control29 June 2022PSC04 Memorandum and Articles of Association4 May 2022MA Statement of capital following an allotment of shares12 April 2022SH01 Appointment as a director16 March 2022AP01 Memorandum and Articles of Association16 March 2022MA Statement of capital following an allotment of shares14 March 2022SH01 Appointment as a director14 March 2022AP01 Statement of capital following an allotment of shares11 February 2022SH01 Statement of capital following an allotment of shares4 February 2022SH01 Appointment as a director26 January 2022AP01 Statement of company's objects6 January 2022CC04
Memorandum and Articles of Association6 January 2022MA Statement of capital following an allotment of shares24 December 2021SH01 Statement of capital following an allotment of shares20 December 2021SH01 Statement of capital following an allotment of shares10 December 2021SH01 Statement of capital following an allotment of shares18 October 2021SH01 Statement of capital following an allotment of shares7 October 2021SH01 Statement of capital following an allotment of shares6 October 2021SH01 Total exemption full accounts made up4 September 2021AA Total exemption full accounts made up4 September 2021AA Confirmation statement made with updates8 July 2021CS01 Second filing of a statement of capital following an allotment of shares7 July 2021RP04SH01 Statement of capital following an allotment of shares7 July 2021SH01 Appointment as a secretary1 July 2021AP04 Registered office address changed1 July 2021AD01 Termination of appointment as a secretary30 June 2021TM02 Previous accounting period shortened24 June 2021AA01 Second filing of a statement of capital following an allotment of shares21 June 2021RP04SH01 Statement of capital following an allotment of shares15 June 2021SH01 Statement of capital following an allotment of shares4 November 2020SH01 Director's details changed25 August 2020CH01 Change of details as a person with significant control25 August 2020PSC04 Sub-division of shares13 July 2020SH02 Confirmation statement made with updates30 June 2020CS01 Statement of capital following an allotment of shares30 June 2020SH01 Appointment as a secretary5 May 2020AP04 Registered office address changed5 May 2020AD01 Incorporation25 June 2019NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other it & managed services companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Kultralab Ltd in creditors' voluntary liquidation?
- Yes. Kultralab Ltd (company number 12068832) entered creditors' voluntary liquidation on 21 January 2026, by its creditors. Christopher Newell of null was appointed as liquidator.
- Who is the liquidator of Kultralab Ltd?
- Christopher Newell, a licensed insolvency practitioner at null, was appointed liquidator of Kultralab Ltd on 21 January 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Kultralab Ltd do?
- Kultralab Ltd's registered nature of business is business and domestic software development (SIC 62012). It is classified in the it & managed services sector.
- Where is Kultralab Ltd based?
- Kultralab Ltd's registered office is 1st Floor 21 Station Road, Watford, WD17 1AP. The registered office is the address held on the public register, which is not always the trading address.
- When was Kultralab Ltd founded?
- Kultralab Ltd was incorporated on 25 June 2019, 7 years before the liquidator was appointed.
- What is Kultralab Ltd's company number?
- Kultralab Ltd's registered company number is 12068832.
- Who has significant control of Kultralab Ltd?
- 1 active person with significant control over Kultralab Ltd is on the register: Mr Steve Baggi.
- Does Kultralab Ltd have any outstanding charges?
- an outstanding charge is registered against Kultralab 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 Kultralab 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 Kultralab 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.
Report an error on this page·Not financial, credit or legal advice.