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MI Product Developments Ltd Is MI Product Developments Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, MI Product Developments Ltd (company number SC536523) entered creditors' voluntary liquidation on 27 June 2023, by its creditors.
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MI Product Developments 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 | SC536523 |
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| Previously known as | - M I Product Developments Ltd, May 2016 to May 2016
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| Incorporated | 26 May 2016 (10 years old) |
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| Registered office | 25a Stirling Street, Tillicoultry, FK13 6EA |
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| Nature of business (SIC) | 62090: Other information technology service activities (IT & managed services) |
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| Date entered creditors' voluntary liquidation | 27 June 2023 |
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| Public register | View filing history ↗ |
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About the business
MI Product Developments Ltd is a it & managed services business based in Tillicoultry, incorporated in 2016 and 7 years old when the liquidator was appointed. Its registered activity is other information technology service activities (SIC 62090). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
1 person has been appointed as directors of MI Product Developments Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Simon Rouven Perkins
individual person with significant control · British · Scotland
Ownership of shares 75-100%
Since 26 May 2016
What happened
EventDateType
Final account prior to dissolution in CVL15 May 2026LIQ14(Scot)
Registered office address changed from 15 the Sheilings Alloa Clackmannanshire FK10 2NN to 25a Stirling Street Tillicoultry Scotland FK13 6EA on 2025-07-3030 July 2025AD01 Registered office address changed from 15 st. Leonard Street Lanark ML11 7AB Scotland to 15 the Sheilings Alloa Clackmannanshire FK10 2NN on 2023-06-2929 June 2023AD01 Creditors' voluntary liquidationStatus27 June 2023
+17 earlier events · 2016 to 2023
Confirmation statement made on 2023-05-25 with no updates25 May 2023CS01 Micro company accounts made up to 2022-05-3128 February 2023AA Confirmation statement made on 2022-05-25 with no updates25 May 2022CS01 Micro company accounts made up to 2021-05-3128 February 2022AA Confirmation statement made on 2021-05-25 with no updates28 May 2021CS01 Micro company accounts made up to 2020-05-3114 May 2021AA Director's details changed for Mr Simon Rouven Perkins on 2021-05-1111 May 2021CH01 Registered office address changed from 26 Broompark Drive Lesmahagow Lanark ML11 0DH Scotland to 15 st. Leonard Street Lanark ML11 7AB on 2021-05-1111 May 2021AD01 Registered office address changed from 34 Common Green Strathaven Lanarkshire ML10 6AF Scotland to 26 Broompark Drive Lesmahagow Lanark ML11 0DH on 2021-01-088 January 2021AD01 Confirmation statement made on 2020-05-25 with no updates5 June 2020CS01 Micro company accounts made up to 2019-05-3129 February 2020AA Confirmation statement made on 2019-05-25 with no updates6 June 2019CS01 Micro company accounts made up to 2018-05-3127 February 2019AA Confirmation statement made on 2018-05-25 with no updates30 May 2018CS01 Micro company accounts made up to 2017-05-3119 February 2018AA Confirmation statement made on 2017-05-25 with updates25 May 2017CS01 Incorporation26 May 2016NEWINC 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 it & managed services companies in creditors' voluntary liquidation
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The bigger picture
Frequently asked questions
- Is MI Product Developments Ltd in creditors' voluntary liquidation?
- Yes. MI Product Developments Ltd (company number SC536523) entered creditors' voluntary liquidation on 27 June 2023, by its creditors.
- What does MI Product Developments Ltd do?
- MI Product Developments Ltd's registered nature of business is other information technology service activities (SIC 62090). It is classified in the it & managed services sector.
- Where is MI Product Developments Ltd based?
- MI Product Developments Ltd's registered office is 25a Stirling Street, Tillicoultry, FK13 6EA. The registered office is the address held on the public register, which is not always the trading address.
- When was MI Product Developments Ltd founded?
- MI Product Developments Ltd was incorporated on 26 May 2016, 7 years before the liquidator was appointed.
- What is MI Product Developments Ltd's company number?
- MI Product Developments Ltd's registered company number is SC536523.
- Who has significant control of MI Product Developments Ltd?
- 1 active person with significant control over MI Product Developments Ltd is on the register: Mr Simon Rouven Perkins.
- What does liquidation mean for creditors of MI Product Developments 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 MI Product Developments 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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