HomeCompanies in LiquidationLP Transition Limited

Is LP Transition Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, LP Transition Limited (company number NI033602) entered compulsory liquidation on 16 January 2014, by order of the court. The Official Receiver Or Belfast of null was appointed as liquidator.

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LP Transition 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

StatusIn Compulsory Liquidation
Company numberNI033602
Previously known as
  • Lomac Properties Limited, Feb 1998 to Dec 2012
Incorporated9 February 1998 (28 years old)
Registered office93 Clare Road, Waringstown, Craigavon, Armagh, BT66 7SB
Nature of business (SIC)68209: Other letting and operating of own or leased real estate
Date entered compulsory liquidation16 January 2014
LiquidatorThe Official Receiver Or Belfast, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

LP Transition Limited is a UK limited company based in Craigavon, incorporated in 1998 and 16 years old when the liquidator was appointed. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). There have been 4 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 6 charges have been registered against the company, 6 of which are still outstanding.

Directors

4 people have been appointed as directors of LP Transition Limited.

DirectorStatusResigned
Patricia Dolores McMullanActive
Patricia Dolores McMullanActive
Elizabeth Catherine McKinleyResigned28 Feb 2011

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. 6 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingUlster Bank Ireland Limited, Ulster Bank Limited
Mortgage or charge · Created 10 Mar 2006 · Pending
OutstandingUlster Bank Limited, Ulster Bank Ireland Limited
Mortgage or charge · Created 9 Mar 2006 · Pending
OutstandingUlster Bank Limited
Mortgage or charge · Created 3 Jul 2001 · Pending
OutstandingUlster Bank LTD
Mortgage or charge · Created 9 Feb 1999 · Pending
OutstandingUlster Bank LTD
Mortgage or charge · Created 20 Jan 1999 · Pending
OutstandingUlster Bank LTD
Mortgage or charge · Created 4 Feb 1998 · Pending

What happened

EventDateType
Administrative Receiver's/Receiver Manager's abstract of receipts and payments3 July 20193.08(NI)
Notice of ceasing to act as receiver or manager3 July 2019RM02
Administrative Receiver's/Receiver Manager's abstract of receipts and payments3 July 20193.08(NI)
Administrative Receiver's/Receiver Manager's abstract of receipts and payments3 July 20193.08(NI)
Legacy3 July 2019LQ01
64 earlier events · 1998 to 2019
Legacy2 July 2019LQ01
Notice of ceasing to act as receiver or manager15 December 2015RM02
Notice of ceasing to act as receiver or manager15 December 2015RM02
Notice of ceasing to act as receiver or manager15 December 2015RM02
Notice of ceasing to act as receiver or manager15 December 2015RM02
Appointment of receiver or manager15 December 2015RM01
Appointment of receiver or manager15 December 2015RM01
Restoration by order of the court2 December 2015AC92
Final Gazette dissolved following liquidation10 September 2015GAZ2
Completion of winding up10 June 2015L22(NI)
Order of court to wind up23 January 2014COCOMP
Compulsory liquidationStatus16 January 2014
Legacy7 January 2013LQ01
Legacy7 January 2013LQ01
Legacy7 January 2013LQ01
Certificate of change of name11 December 2012CERTNM
Change of name notice11 December 2012CONNOT
Previous accounting period extended4 December 2012AA01
Registered office address changed11 July 2012AD01
Annual return made up with full list of shareholders29 February 2012AR01
Director's details changed29 February 2012CH01
Director's details changed29 February 2012CH01
Accounts with accounts type 1 December 2011AA
Accounts with accounts type 3 August 2011AA
Accounts with accounts type 27 July 2011AA
Annual return made up7 March 2011AR01
Termination of appointment as a director7 March 2011TM01
Accounts with accounts type 31 December 2010AA
Annual return made up with full list of shareholders7 May 2010AR01
Secretary's details changed22 April 2010CH03
Director's details changed22 April 2010CH01
Director's details changed22 April 2010CH01
Director's details changed22 April 2010CH01
Legacy17 July 2008AC(NI)
Legacy20 February 2008371S(NI)
Legacy10 May 2007AC(NI)
Legacy20 April 2007371S(NI)
Legacy8 May 2006AC(NI)
Legacy12 April 2006371S(NI)
Particulars of a mortgage charge16 March 2006402(NI)
Particulars of a mortgage charge16 March 2006402(NI)
Legacy5 July 2005AC(NI)
Legacy18 April 2005371S(NI)
Legacy15 June 2004371S(NI)
Legacy31 January 2004UDM+A(NI)
Legacy11 January 2004AC(NI)
Legacy15 May 2003371S(NI)
Legacy19 February 2003AURES(NI)
Legacy2 January 2003AC(NI)
Legacy30 May 2002371S(NI)
Legacy15 January 2002AC(NI)
Particulars of a mortgage charge6 July 2001402(NI)
Legacy25 April 2001371S(NI)
Legacy9 January 2001AC(NI)
Legacy13 June 2000371S(NI)
Legacy10 December 1999AC(NI)
Legacy12 April 1999371S(NI)
Particulars of a mortgage charge11 February 1999402(NI)
Particulars of a mortgage charge28 January 1999402(NI)
Particulars of a mortgage charge17 February 1998402(NI)
Incorporation9 February 1998NEWINC
Legacy9 February 1998ARTS(NI)
Legacy9 February 1998MEM(NI)
Legacy9 February 1998G21(NI)
Legacy9 February 1998G23(NI)

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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Other companies in compulsory liquidation

All UK companies in compulsory 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 LP Transition Limited in compulsory liquidation?
Yes. LP Transition Limited (company number NI033602) entered compulsory liquidation on 16 January 2014, by order of the court. The Official Receiver Or Belfast of null was appointed as liquidator.
Who is the liquidator of LP Transition Limited?
The Official Receiver Or Belfast, a licensed insolvency practitioner at null, was appointed liquidator of LP Transition Limited on 16 January 2014. Creditors can contact the liquidator directly to submit a claim.
What does LP Transition Limited do?
LP Transition Limited's registered nature of business is other letting and operating of own or leased real estate (SIC 68209).
Where is LP Transition Limited based?
LP Transition Limited's registered office is 93 Clare Road, Waringstown, Craigavon, Armagh, BT66 7SB. The registered office is the address held on the public register, which is not always the trading address.
When was LP Transition Limited founded?
LP Transition Limited was incorporated on 9 February 1998, 16 years before the liquidator was appointed.
What is LP Transition Limited's company number?
LP Transition Limited's registered company number is NI033602.
Does LP Transition Limited have any outstanding charges?
6 outstanding charges are registered against LP Transition Limited out of 6 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of LP Transition 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 LP Transition 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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