HomeCompanies in LiquidationNet I SYS Limited

Is Net I SYS Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, Net I SYS Limited (company number 05816537) entered creditors' voluntary liquidation on 22 July 2009, by its creditors. Julie Ann Swan of null was appointed as liquidator.

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Net I SYS 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

StatusIn Creditors' Voluntary Liquidation
Company number05816537
Incorporated15 May 2006 (20 years old)
Registered office31 Ambrose Lane, Harpenden, Herts, AL5 4DG
Date entered creditors' voluntary liquidation22 July 2009
LiquidatorJulie Ann Swan, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Net I SYS Limited is a UK limited company based in Harpenden, incorporated in 2006 and 3 years old when the liquidator was appointed. There have been 4 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed.

Directors

4 people have been appointed as directors of Net I SYS Limited.

DirectorStatusResigned
Haseeb ChaudharyActive
Haseeb ChaudharyActive
Atif ChaudharyActive
Atif ChaudharyResigned15 Apr 2007

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

What happened

EventDateType
Liquidators' statement of receipts and payments3 March 20114.68
Liquidators' statement of receipts and payments23 August 20104.68
Registered office address changed19 March 2010AD01
Resolutions30 July 2009RESOLUTIONS
Appointment of a voluntary liquidator30 July 2009600
7 earlier events · 2007 to 2009
Statement of affairs30 July 20094.20
Legacy30 July 2009288a
Creditors' voluntary liquidationStatus22 July 2009
Legacy13 July 2009287
First Gazette notice for compulsory strike-off9 June 2009GAZ1
Legacy27 November 2007363s
Legacy26 April 2007288b
Incorporation15 May 2006NEWINC

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 creditors' voluntary liquidation

All UK companies in creditors' voluntary 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 Net I SYS Limited in creditors' voluntary liquidation?
Yes. Net I SYS Limited (company number 05816537) entered creditors' voluntary liquidation on 22 July 2009, by its creditors. Julie Ann Swan of null was appointed as liquidator.
Who is the liquidator of Net I SYS Limited?
Julie Ann Swan, a licensed insolvency practitioner at null, was appointed liquidator of Net I SYS Limited on 22 July 2009. Creditors can contact the liquidator directly to submit a claim.
Where is Net I SYS Limited based?
Net I SYS Limited's registered office is 31 Ambrose Lane, Harpenden, Herts, AL5 4DG. The registered office is the address held on the public register, which is not always the trading address.
When was Net I SYS Limited founded?
Net I SYS Limited was incorporated on 15 May 2006, 3 years before the liquidator was appointed.
What is Net I SYS Limited's company number?
Net I SYS Limited's registered company number is 05816537.
What does liquidation mean for creditors of Net I SYS 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 Net I SYS 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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