Is Magnatax Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Magnatax Limited (company number 08243681) entered compulsory liquidation on 29 June 2022, by order of the court. The Official Receiver Or Southend of null was appointed as liquidator.
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Magnatax 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 | 08243681 |
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| Incorporated | 8 October 2012 (14 years old) |
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| Registered office | 38 Woodford Avenue, Ilford, Essex, IG2 6XQ |
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| Nature of business (SIC) | 69203: Tax consultancy |
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| Date entered compulsory liquidation | 29 June 2022 |
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| Liquidator | The Official Receiver Or Southend, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Magnatax Limited is a UK limited company based in Ilford, incorporated in 2012 and 10 years old when the liquidator was appointed. Its registered activity is tax consultancy (SIC 69203). There have been 3 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed.
Directors
3 people have been appointed as directors of Magnatax Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
What happened
EventDateType
Order of court to wind up6 July 2022COCOMP
Compulsory liquidationStatus29 June 2022
Compulsory strike-off action has been suspended9 September 2017DISS16(SOAS) First Gazette notice for compulsory strike-off8 August 2017GAZ1 Appointment as a director13 June 2017AP01 +11 earlier events · 2013 to 2017
Termination of appointment as a director13 June 2017TM01 Termination of appointment as a director13 June 2017TM01 Micro company accounts made up28 May 2016AA Annual return made up with full list of shareholders17 May 2016AR01 Annual return made up with full list of shareholders23 March 2015AR01 Total exemption small company accounts made up21 March 2015AA Accounts for a dormant company made up18 July 2014AA Registered office address changed12 June 2014AD01 Annual return made up with full list of shareholders17 January 2014AR01 Termination of appointment as a director21 February 2013TM01 Appointment as a director21 February 2013AP01 Incorporation8 October 2012NEWINC 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.
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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Magnatax Limited in compulsory liquidation?
- Yes. Magnatax Limited (company number 08243681) entered compulsory liquidation on 29 June 2022, by order of the court. The Official Receiver Or Southend of null was appointed as liquidator.
- Who is the liquidator of Magnatax Limited?
- The Official Receiver Or Southend, a licensed insolvency practitioner at null, was appointed liquidator of Magnatax Limited on 29 June 2022. Creditors can contact the liquidator directly to submit a claim.
- What does Magnatax Limited do?
- Magnatax Limited's registered nature of business is tax consultancy (SIC 69203).
- Where is Magnatax Limited based?
- Magnatax Limited's registered office is 38 Woodford Avenue, Ilford, Essex, IG2 6XQ. The registered office is the address held on the public register, which is not always the trading address.
- When was Magnatax Limited founded?
- Magnatax Limited was incorporated on 8 October 2012, 10 years before the liquidator was appointed.
- What is Magnatax Limited's company number?
- Magnatax Limited's registered company number is 08243681.
- What does liquidation mean for creditors of Magnatax 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 Magnatax 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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