HomeCompanies in LiquidationL and C REA Ltd.

Is L and C REA Ltd. in creditors' voluntary liquidation?

Last verified 18 June 2026
In Creditors' Voluntary LiquidationYes, L and C REA Ltd. (company number SC267082) entered creditors' voluntary liquidation on 8 June 2026, by its creditors. Ian Wright of Quantuma Advisory Limited was appointed as liquidator.

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L and C REA 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 numberSC267082
Incorporated27 April 2004 (22 years old)
Registered officeWdm, Oakfield House, 378 Brandon Street, Motherwell, ML1 1XA
Nature of business (SIC)47110: Retail sale in non-specialised stores with food, beverages or tobacco predominating (Retail)
Date entered creditors' voluntary liquidation8 June 2026
LiquidatorIan Wright, Quantuma Advisory Limited (licensed insolvency practitioner)
Official noticeView the official notice ↗
Public registerView filing history ↗

About the business

L and C REA Ltd. is a retail business based in Motherwell, incorporated in 2004 and 22 years old when the liquidator was appointed. Its registered activity is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). There have been 7 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control.

Directors

7 people have been appointed as directors of L and C REA Ltd..

DirectorStatusResigned
Antonio ReaActive
Antonio ReaActive
Margaret Cooney Quinn ReaActive
Luigi ReaResigned22 Nov 2006
Clementina ReaResigned22 Nov 2006
Stephen Mabbott Ltd.+ 226 othersResigned27 Apr 2004
Brian Reid Ltd.+ 228 othersResigned27 Apr 2004

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.

What happened

EventDateType
Registered office address changed from , C/O Quantuma Advisory Limited, Third Floor Turnberry House, 175 West George Street, Glasgow, G2 2LB to C/O Quantuma Advisory Limited, Third Floor Turnberry House 175 West George Street Glasgow G2 2LB on 2026-06-1919 June 2026AD01
Registered office address changed from , Wdm, Oakfield House 378 Brandon Street, Motherwell, ML1 1XA, Scotland to C/O Quantuma Advisory Limited, Third Floor Turnberry House 175 West George Street Glasgow G2 2LB on 2026-06-1717 June 2026AD01
Resolutions9 June 2026RESOLUTIONS
Creditors' voluntary liquidationStatus8 June 2026
Confirmation statement made with no updates21 April 2026CS01
54 earlier events · 2004 to 2026
Total exemption full accounts made up29 January 2026AA
Confirmation statement made with no updates14 April 2025CS01
Total exemption full accounts made up23 January 2025AA
Confirmation statement made with no updates8 April 2024CS01
Total exemption full accounts made up29 January 2024AA
Confirmation statement made with no updates4 May 2023CS01
Total exemption full accounts made up24 January 2023AA
Confirmation statement made with no updates31 May 2022CS01
Total exemption full accounts made up24 November 2021AA
Confirmation statement made with no updates15 June 2021CS01
Total exemption full accounts made up31 January 2021AA
Registered office address changed31 August 2020AD01
Confirmation statement made with no updates27 April 2020CS01
Total exemption full accounts made up9 January 2020AA
Confirmation statement made with no updates29 April 2019CS01
Total exemption full accounts made up31 January 2019AA
Confirmation statement made with no updates2 May 2018CS01
Total exemption full accounts made up29 January 2018AA
Confirmation statement made with updates2 May 2017CS01
Total exemption small company accounts made up14 December 2016AA
Annual return made up with full list of shareholders27 April 2016AR01
Total exemption small company accounts made up14 January 2016AA
Annual return made up with full list of shareholders6 May 2015AR01
Total exemption small company accounts made up25 November 2014AA
Annual return made up with full list of shareholders29 April 2014AR01
Total exemption small company accounts made up9 January 2014AA
Annual return made up with full list of shareholders29 April 2013AR01
Total exemption small company accounts made up10 January 2013AA
Annual return made up with full list of shareholders30 April 2012AR01
Total exemption small company accounts made up16 January 2012AA
Annual return made up with full list of shareholders4 May 2011AR01
Total exemption small company accounts made up29 November 2010AA
Director's details changed30 April 2010CH01
Director's details changed30 April 2010CH01
Annual return made up with full list of shareholders30 April 2010AR01
Total exemption small company accounts made up30 November 2009AA
Legacy10 June 2009363a
Total exemption full accounts made up20 February 2009AA
Legacy1 May 2008363a
Total exemption full accounts made up15 February 2008AA
Legacy7 November 2007287
Legacy11 July 2007363s
Legacy23 November 2006288b
Legacy23 November 2006288b
Legacy12 October 2006288a
Total exemption full accounts made up7 September 2006AA
Legacy21 April 2006363s
Total exemption full accounts made up24 February 2006AA
Legacy13 April 2005363s
Legacy26 May 2004288a
Legacy26 May 2004288a
Legacy26 May 2004288a
Legacy29 April 2004288b
Legacy29 April 2004288b
Incorporation27 April 2004NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator (Quantuma Advisory Limited). 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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Other retail companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is L and C REA Ltd. in creditors' voluntary liquidation?
Yes. L and C REA Ltd. (company number SC267082) entered creditors' voluntary liquidation on 8 June 2026, by its creditors. Ian Wright of Quantuma Advisory Limited was appointed as liquidator.
Who is the liquidator of L and C REA Ltd.?
Ian Wright, a licensed insolvency practitioner at Quantuma Advisory Limited, was appointed liquidator of L and C REA Ltd. on 8 June 2026. Creditors can contact the liquidator directly to submit a claim.
What does L and C REA Ltd. do?
L and C REA Ltd.'s registered nature of business is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). It is classified in the retail sector.
Where is L and C REA Ltd. based?
L and C REA Ltd.'s registered office is Wdm, Oakfield House, 378 Brandon Street, Motherwell, ML1 1XA. The registered office is the address held on the public register, which is not always the trading address.
When was L and C REA Ltd. founded?
L and C REA Ltd. was incorporated on 27 April 2004, 22 years before the liquidator was appointed.
What is L and C REA Ltd.'s company number?
L and C REA Ltd.'s registered company number is SC267082.
Who has significant control of L and C REA Ltd.?
2 active people with significant control over L and C REA Ltd. are on the register: Mrs Margo Cooney Quinn Rea, Mr Antonio Rea.
What does liquidation mean for creditors of L and C REA 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 L and C REA 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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