Is Lease 122 Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Lease 122 Limited (company number SC475319) entered compulsory liquidation on 26 November 2025, by order of the court. Blair Milne of null was appointed as liquidator.
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Lease 122 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 | SC475319 |
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| Incorporated | 15 April 2014 (12 years old) |
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| Registered office | C/O Azets Titanium 1, Kings Inch Place, Renfrew, PA4 8WF |
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| Nature of business (SIC) | 77390: Renting and leasing of other machinery, equipment and tangible goods n.e.c. (Plant & equipment hire) |
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| Date entered compulsory liquidation | 26 November 2025 |
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| Liquidator | Blair Milne, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Lease 122 Limited is a plant & equipment hire business based in Renfrew, incorporated in 2014 and 11 years old when the liquidator was appointed. Its registered activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (SIC 77390). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of Lease 122 Limited.
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.
Oakrealm Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Mr Alan Cyril Tomkins · ceased 4 Apr 2019
What happened
EventDateType
Registered office address changed17 December 2025AD01 Court order in a winding-up (& Court Order attachment)16 December 2025WU01(Scot)
Compulsory liquidationStatus26 November 2025
Confirmation statement made with updates29 April 2025CS01 Registered office address changed7 February 2025AD01 +28 earlier events · 2015 to 2025
Total exemption full accounts made up30 January 2025AA Compulsory strike-off action has been discontinued13 July 2024DISS40 Confirmation statement made with updates10 July 2024CS01 Termination of appointment as a director10 July 2024TM01 First Gazette notice for compulsory strike-off2 July 2024GAZ1 Total exemption full accounts made up30 January 2024AA Confirmation statement made with updates13 April 2023CS01 Total exemption full accounts made up31 January 2023AA Change of details as a person with significant control26 April 2022PSC05 Confirmation statement made with updates21 April 2022CS01 Total exemption full accounts made up26 January 2022AA Notification as a person with significant control11 May 2021PSC02 Confirmation statement made with updates11 May 2021CS01 Cessation as a person with significant control11 May 2021PSC07 Total exemption full accounts made up29 April 2021AA Confirmation statement made with updates12 May 2020CS01 Total exemption full accounts made up7 January 2020AA Confirmation statement made with updates15 April 2019CS01 Appointment as a director11 March 2019AP01 Total exemption full accounts made up14 December 2018AA Confirmation statement made with updates16 April 2018CS01 Total exemption full accounts made up30 January 2018AA Registered office address changed2 July 2017AD01 Confirmation statement made with updates18 June 2017CS01 Micro company accounts made up30 March 2017AA Annual return made up with full list of shareholders18 April 2016AR01 Micro company accounts made up15 January 2016AA Annual return made up with full list of shareholders12 May 2015AR01 Incorporation15 April 2014NEWINC 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 plant & equipment hire companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Lease 122 Limited in compulsory liquidation?
- Yes. Lease 122 Limited (company number SC475319) entered compulsory liquidation on 26 November 2025, by order of the court. Blair Milne of null was appointed as liquidator.
- Who is the liquidator of Lease 122 Limited?
- Blair Milne, a licensed insolvency practitioner at null, was appointed liquidator of Lease 122 Limited on 26 November 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Lease 122 Limited do?
- Lease 122 Limited's registered nature of business is renting and leasing of other machinery, equipment and tangible goods n.e.c. (SIC 77390). It is classified in the plant & equipment hire sector.
- Where is Lease 122 Limited based?
- Lease 122 Limited's registered office is C/O Azets Titanium 1, Kings Inch Place, Renfrew, PA4 8WF. The registered office is the address held on the public register, which is not always the trading address.
- When was Lease 122 Limited founded?
- Lease 122 Limited was incorporated on 15 April 2014, 11 years before the liquidator was appointed.
- What is Lease 122 Limited's company number?
- Lease 122 Limited's registered company number is SC475319.
- Who has significant control of Lease 122 Limited?
- 1 active person with significant control over Lease 122 Limited is on the register: Oakrealm Limited.
- What does liquidation mean for creditors of Lease 122 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 Lease 122 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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