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Mercian Initiatives Limited Is Mercian Initiatives Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Mercian Initiatives Limited (company number 02494947) entered creditors' voluntary liquidation on 15 April 2025, by its creditors. Eric Walls of null was appointed as liquidator.
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Mercian Initiatives Limited 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 | 02494947 |
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| Previously known as | - City Initiatives Limited, Mar 2000 to Jan 2001
- Montpelier Exchange Limited, Jun 1999 to Mar 2000
- Montpelier Financial Services Limited, Apr 1990 to Jun 1999
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| Incorporated | 23 April 1990 (36 years old) |
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| Registered office | C12 Marquis Court, Marquisway, Gateshead, Team Valley, NE11 0RU |
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| Nature of business (SIC) | 46740: Wholesale of hardware, plumbing and heating equipment and supplies (Retail) |
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| Date entered creditors' voluntary liquidation | 15 April 2025 |
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| Liquidator | Eric Walls, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Mercian Initiatives Limited is a retail business based in Gateshead, incorporated in 1990 and 35 years old when the liquidator was appointed. Its registered activity is wholesale of hardware, plumbing and heating equipment and supplies (SIC 46740). There have been 7 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, 2 of which are still outstanding.
Directors
7 people have been appointed as directors of Mercian Initiatives 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.
Mr Gordon Barry Boden
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingAbn Amro Asset Based Finance N.V.
A registered charge · Created 30 Oct 2018 · Pending
OutstandingVenture Finance PLC
All assets debenture · Created 30 Nov 2006 · Pending
What happened
EventDateType
Liquidators' statement of receipts and payments to 2026-04-1426 June 2026LIQ03
Registered office address changed from C12 Marquis Court Marquisway Gateshead Team Valley NE11 0RU to Rmt Accountants and Business Advisors Ltd Gosforth Park Avenue Newcastle upon Tyne NE12 8EG on 2026-06-2323 June 2026AD01 Appointment of a voluntary liquidator26 April 2025600
Registered office address changed26 April 2025AD01 +107 earlier events · 1990 to 2025
Statement of affairs26 April 2025LIQ02
Creditors' voluntary liquidationStatus15 April 2025
Termination of appointment as a director19 February 2025TM01 Total exemption full accounts made up18 December 2024AA Confirmation statement made with updates29 May 2024CS01 Director's details changed23 April 2024CH01 Total exemption full accounts made up18 December 2023AA Confirmation statement made with updates24 May 2023CS01 Total exemption full accounts made up21 December 2022AA Confirmation statement made with updates26 May 2022CS01 Total exemption full accounts made up21 December 2021AA Confirmation statement made with updates26 May 2021CS01 Total exemption full accounts made up22 December 2020AA Confirmation statement made with no updates27 April 2020CS01 Total exemption full accounts made up19 December 2019AA Confirmation statement made with no updates29 April 2019CS01 Total exemption full accounts made up20 December 2018AA Registration of charge , created31 October 2018MR01 Confirmation statement made with no updates23 April 2018CS01 Total exemption full accounts made up19 December 2017AA Confirmation statement made with updates3 May 2017CS01 Total exemption small company accounts made up23 December 2016AA Director's details changed2 November 2016CH01 Appointment as a director1 November 2016AP01 Director's details changed27 July 2016CH01 Annual return made up with full list of shareholders18 May 2016AR01 Total exemption small company accounts made up17 December 2015AA Annual return made up with full list of shareholders27 April 2015AR01 Registered office address changed24 February 2015AD01 Total exemption small company accounts made up11 December 2014AA Annual return made up with full list of shareholders25 April 2014AR01 Total exemption small company accounts made up10 December 2013AA Annual return made up with full list of shareholders25 April 2013AR01 Total exemption small company accounts made up17 December 2012AA Annual return made up with full list of shareholders17 May 2012AR01 Total exemption small company accounts made up19 December 2011AA Annual return made up with full list of shareholders5 May 2011AR01 Registered office address changed25 February 2011AD01 Total exemption small company accounts made up22 December 2010AA Termination of appointment as a secretary21 September 2010TM02 Director's details changed27 April 2010CH01 Annual return made up with full list of shareholders27 April 2010AR01 Total exemption small company accounts made up23 December 2009AA Total exemption small company accounts made up29 December 2008AA Total exemption full accounts made up21 December 2007AA Total exemption full accounts made up3 January 2007AA Legacy1 December 2006288b Legacy11 November 2006288a Total exemption full accounts made up31 January 2006AA Total exemption full accounts made up3 February 2005AA Total exemption full accounts made up31 January 2004AA Total exemption full accounts made up16 January 2003AA Total exemption full accounts made up11 December 2001AA Certificate of change of name26 January 2001CERTNM Full accounts made up28 April 2000AA Certificate of change of name9 March 2000CERTNM Accounts for a dormant company made up25 January 2000AA Certificate of change of name15 June 1999CERTNM Accounts for a dormant company made up1 February 1999AA Accounts for a dormant company made up19 May 1997AA Accounts for a dormant company made up25 July 1996AA Accounts for a dormant company made up5 February 1996AA Accounts for a dormant company made up24 February 1995AA Accounts for a dormant company made up19 January 1994AA Accounts for a dormant company made up16 July 1992AA Accounts for a dormant company made up16 July 1992AA Legacy10 January 1992363a Incorporation23 April 1990NEWINC 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Mercian Initiatives Limited in creditors' voluntary liquidation?
- Yes. Mercian Initiatives Limited (company number 02494947) entered creditors' voluntary liquidation on 15 April 2025, by its creditors. Eric Walls of null was appointed as liquidator.
- Who is the liquidator of Mercian Initiatives Limited?
- Eric Walls, a licensed insolvency practitioner at null, was appointed liquidator of Mercian Initiatives Limited on 15 April 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Mercian Initiatives Limited do?
- Mercian Initiatives Limited's registered nature of business is wholesale of hardware, plumbing and heating equipment and supplies (SIC 46740). It is classified in the retail sector.
- Where is Mercian Initiatives Limited based?
- Mercian Initiatives Limited's registered office is C12 Marquis Court, Marquisway, Gateshead, Team Valley, NE11 0RU. The registered office is the address held on the public register, which is not always the trading address.
- When was Mercian Initiatives Limited founded?
- Mercian Initiatives Limited was incorporated on 23 April 1990, 35 years before the liquidator was appointed.
- What is Mercian Initiatives Limited's company number?
- Mercian Initiatives Limited's registered company number is 02494947.
- Who has significant control of Mercian Initiatives Limited?
- 1 active person with significant control over Mercian Initiatives Limited is on the register: Mr Gordon Barry Boden.
- Does Mercian Initiatives Limited have any outstanding charges?
- 2 outstanding charges are registered against Mercian Initiatives Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Mercian Initiatives 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 Mercian Initiatives 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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