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L C Precision Engineering Ltd Is L C Precision Engineering Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, L C Precision Engineering Ltd (company number 08699621) entered creditors' voluntary liquidation on 12 February 2025, by its creditors. Paul A Palmer of null was appointed as liquidator.
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L C Precision Engineering 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
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 08699621 |
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| Incorporated | 20 September 2013 (13 years old) |
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| Registered office | Heskin Hall Farm Wood Lane, Preston, PR7 5PA |
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| Nature of business (SIC) | 42990: Construction of other civil engineering projects n.e.c. (Construction) |
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| Date entered creditors' voluntary liquidation | 12 February 2025 |
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| Liquidator | Paul A Palmer, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
L C Precision Engineering Ltd is a construction business based in Preston, incorporated in 2013 and 12 years old when the liquidator was appointed. Its registered activity is construction of other civil engineering projects n.e.c. (SIC 42990). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control. 3 charges have been registered against the company, 1 of which is still outstanding.
Directors
1 person has been appointed as directors of L C Precision Engineering Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mrs Zara Louise Coles
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Mr Lee James Coles
individual person with significant control · British · England
Ownership of shares 50-75%Voting rights 50-75%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
OutstandingEcapital Commercial Finance (North) Limited
A registered charge · Created 10 Dec 2024 · Pending
SatisfiedParagon Business Finance PLC
A registered charge · Created 31 Jan 2022 · Satisfied 12 Dec 2024
SatisfiedBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 1 May 2019 · Satisfied 7 Sep 2020
What happened
EventDateType
Liquidators' statement of receipts and payments14 April 2026LIQ03
Notice to Registrar of Companies of Notice of disclaimer19 February 2025NDISC
Registered office address changed from 24 Cornwall Road Dorchester DT1 1RX England to Heskin Hall Farm Wood Lane Heskin Preston PR7 5PA on 2025-02-1717 February 2025AD01 Statement of affairs17 February 2025LIQ02
Appointment of a voluntary liquidator17 February 2025600
+33 earlier events · 2014 to 2025
Creditors' voluntary liquidationStatus12 February 2025
Satisfaction of charge 086996210002 in full12 December 2024MR04 Registration of charge 086996210003, created on 2024-12-1010 December 2024MR01 Confirmation statement made on 2024-09-20 with no updates23 September 2024CS01 Total exemption full accounts made up to 2023-09-3028 June 2024AA Director's details changed for Mr Lee James Coles on 2024-06-2727 June 2024CH01 Change of details for Mrs Zara Louise Coles as a person with significant control on 2024-06-2727 June 2024PSC04 Change of details for Mr Lee James Coles as a person with significant control on 2024-06-2727 June 2024PSC04 Confirmation statement made on 2023-09-20 with no updates20 September 2023CS01 Registered office address changed from 14a Albany Road Weymouth Dorset DT4 9th to 24 Cornwall Road Dorchester DT1 1RX on 2023-07-2525 July 2023AD01 Unaudited abridged accounts made up to 2022-09-3027 June 2023AA Confirmation statement made on 2022-09-20 with updates4 October 2022CS01 Unaudited abridged accounts made up to 2021-09-3027 June 2022AA Registration of charge 086996210002, created on 2022-01-311 February 2022MR01 Confirmation statement made on 2021-09-20 with updates5 October 2021CS01 Unaudited abridged accounts made up to 2020-09-3030 June 2021AA Total exemption full accounts made up to 2019-09-3030 September 2020AA Confirmation statement made on 2020-09-20 with updates24 September 2020CS01 Satisfaction of charge 086996210001 in full7 September 2020MR04 Change of details for Mr Lee James Coles as a person with significant control on 2019-11-2121 November 2019PSC04 Confirmation statement made on 2019-09-20 with updates20 September 2019CS01 Total exemption full accounts made up to 2018-09-3028 June 2019AA Registration of charge 086996210001, created on 2019-05-0122 May 2019MR01 Confirmation statement made on 2018-09-20 with updates20 September 2018CS01 Total exemption full accounts made up to 2017-09-3022 June 2018AA Confirmation statement made on 2017-09-20 with updates20 September 2017CS01 Total exemption small company accounts made up to 2016-09-3012 June 2017AA Confirmation statement made on 2016-09-20 with updates22 September 2016CS01 Total exemption small company accounts made up to 2015-09-3014 April 2016AA Annual return made up to 2015-09-20 with full list of shareholders22 September 2015AR01 Total exemption small company accounts made up to 2014-09-3028 May 2015AA Annual return made up to 2014-09-20 with full list of shareholders24 September 2014AR01 Incorporation20 September 2013NEWINC 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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Related guides
The bigger picture
Frequently asked questions
- Is L C Precision Engineering Ltd in creditors' voluntary liquidation?
- Yes. L C Precision Engineering Ltd (company number 08699621) entered creditors' voluntary liquidation on 12 February 2025, by its creditors. Paul A Palmer of null was appointed as liquidator.
- Who is the liquidator of L C Precision Engineering Ltd?
- Paul A Palmer, a licensed insolvency practitioner at null, was appointed liquidator of L C Precision Engineering Ltd on 12 February 2025. Creditors can contact the liquidator directly to submit a claim.
- What does L C Precision Engineering Ltd do?
- L C Precision Engineering Ltd's registered nature of business is construction of other civil engineering projects n.e.c. (SIC 42990). It is classified in the construction sector.
- Where is L C Precision Engineering Ltd based?
- L C Precision Engineering Ltd's registered office is Heskin Hall Farm Wood Lane, Preston, PR7 5PA. The registered office is the address held on the public register, which is not always the trading address.
- When was L C Precision Engineering Ltd founded?
- L C Precision Engineering Ltd was incorporated on 20 September 2013, 12 years before the liquidator was appointed.
- What is L C Precision Engineering Ltd's company number?
- L C Precision Engineering Ltd's registered company number is 08699621.
- Who has significant control of L C Precision Engineering Ltd?
- 2 active people with significant control over L C Precision Engineering Ltd are on the register: Mrs Zara Louise Coles, Mr Lee James Coles.
- Does L C Precision Engineering Ltd have any outstanding charges?
- an outstanding charge is registered against L C Precision Engineering Ltd out of 3 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of L C Precision Engineering 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 C Precision Engineering 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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