HomeCompanies in LiquidationMidland Performance & Retro Ltd

Is Midland Performance & Retro Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Midland Performance & Retro Ltd (company number 10551688) entered creditors' voluntary liquidation on 5 November 2025, by its creditors. Eileen Theresa Francis Sale of null was appointed as liquidator.

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Midland Performance & Retro 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

StatusIn Creditors' Voluntary Liquidation
Company number10551688
Incorporated6 January 2017 (9 years old)
Registered officeInducta House, Fryers Road, Walsall, West Midlands, WS2 7LZ
Nature of business (SIC)45112: Sale of used cars and light motor vehicles (Retail)
Date entered creditors' voluntary liquidation5 November 2025
LiquidatorEileen Theresa Francis Sale, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Midland Performance & Retro Ltd is a retail business based in Walsall, incorporated in 2017 and 8 years old when the liquidator was appointed. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). There have been 4 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

4 people have been appointed as directors of Midland Performance & Retro Ltd.

DirectorStatusResigned
Michael ChestermanActive
Michael ChestermanActive
Michael James ChestermanActive
David Richard BennettResigned18 Mar 2021

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.

1 ceased control
  • Mr Michael James Chesterman · ceased 1 Sep 2018

What happened

EventDateType
Statement of affairs11 November 2025LIQ02
Appointment of a voluntary liquidator11 November 2025600
Resolutions11 November 2025RESOLUTIONS
Registered office address changed10 November 2025AD01
Creditors' voluntary liquidationStatus5 November 2025
35 earlier events · 2018 to 2025
Total exemption full accounts made up7 March 2025AA
Confirmation statement made with no updates31 January 2025CS01
Total exemption full accounts made up14 March 2024AA
Confirmation statement made with no updates5 March 2024CS01
Confirmation statement made with updates6 January 2023CS01
Total exemption full accounts made up22 December 2022AA
Change of share class name or designation2 December 2022SH08
Change of share class name or designation2 December 2022SH08
Statement of capital following an allotment of shares24 November 2022SH01
Statement of capital following an allotment of shares24 November 2022SH01
Statement of capital following an allotment of shares24 November 2022SH01
Compulsory strike-off action has been discontinued1 June 2022DISS40
Total exemption full accounts made up31 May 2022AA
First Gazette notice for compulsory strike-off31 May 2022GAZ1
Termination of appointment as a director19 January 2022TM01
Confirmation statement made with updates19 January 2022CS01
Director's details changed19 January 2022CH01
Director's details changed19 January 2022CH01
Total exemption full accounts made up23 June 2021AA
Confirmation statement made with no updates22 January 2021CS01
Micro company accounts made up19 March 2020AA
Confirmation statement made with no updates6 January 2020CS01
Confirmation statement made with updates5 January 2019CS01
Accounts for a dormant company made up5 October 2018AA
Previous accounting period extended5 October 2018AA01
Appointment as a director24 September 2018AP01
Cessation as a person with significant control24 September 2018PSC07
Registered office address changed24 September 2018AD01
Change of details as a person with significant control19 January 2018PSC04
Confirmation statement made with updates19 January 2018CS01
Director's details changed19 January 2018CH01
Director's details changed19 January 2018CH01
Secretary's details changed19 January 2018CH03
Change of details as a person with significant control19 January 2018PSC04
Registered office address changed16 January 2018AD01
Incorporation6 January 2017NEWINC

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

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Other retail companies in creditors' voluntary liquidation

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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 Midland Performance & Retro Ltd in creditors' voluntary liquidation?
Yes. Midland Performance & Retro Ltd (company number 10551688) entered creditors' voluntary liquidation on 5 November 2025, by its creditors. Eileen Theresa Francis Sale of null was appointed as liquidator.
Who is the liquidator of Midland Performance & Retro Ltd?
Eileen Theresa Francis Sale, a licensed insolvency practitioner at null, was appointed liquidator of Midland Performance & Retro Ltd on 5 November 2025. Creditors can contact the liquidator directly to submit a claim.
What does Midland Performance & Retro Ltd do?
Midland Performance & Retro Ltd's registered nature of business is sale of used cars and light motor vehicles (SIC 45112). It is classified in the retail sector.
Where is Midland Performance & Retro Ltd based?
Midland Performance & Retro Ltd's registered office is Inducta House, Fryers Road, Walsall, West Midlands, WS2 7LZ. The registered office is the address held on the public register, which is not always the trading address.
When was Midland Performance & Retro Ltd founded?
Midland Performance & Retro Ltd was incorporated on 6 January 2017, 8 years before the liquidator was appointed.
What is Midland Performance & Retro Ltd's company number?
Midland Performance & Retro Ltd's registered company number is 10551688.
Who has significant control of Midland Performance & Retro Ltd?
1 active person with significant control over Midland Performance & Retro Ltd is on the register: Mr Michael Chesterman.
What does liquidation mean for creditors of Midland Performance & Retro 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 Midland Performance & Retro 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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