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Network Direct Limited Is Network Direct Limited in creditors' voluntary liquidation?
Last verified 4 June 2026
Yes, Network Direct Limited (company number 06909716) entered creditors' voluntary liquidation on 18 November 2022, by its creditors. Sean Bucknall of null was appointed as liquidator.
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Network Direct 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.
How the case progressed
Administration
7 December 2020
Creditors' voluntary liquidation
18 November 2022
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 06909716 |
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| Previously known as | - GG 124 Limited, May 2009 to May 2009
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| Incorporated | 19 May 2009 (17 years old) |
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| Registered office | Office D Beresford House, Town Quay, Southampton, SO14 2AQ |
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| Nature of business (SIC) | 66290: Other activities auxiliary to insurance and pension funding |
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| Date entered creditors' voluntary liquidation | 18 November 2022 |
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| Liquidator | Sean Bucknall, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 16 December 2020, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Network Direct Limited is a UK limited company based in Southampton, incorporated in 2009 and 13 years old when the liquidator was appointed. Its registered activity is other activities auxiliary to insurance and pension funding (SIC 66290). There have been 11 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
11 people have been appointed as directors of Network Direct Limited.
DirectorStatusAppointedResigned
+5 former directors · resigned 2010 to 2017
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.
Argentis Group Ltd
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
6 ceased controls
- Mr Wliiam Wynn · ceased 1 May 2017
- Mr Brian Raymond George · ceased 1 May 2017
- Mr Leslie Dennis Lee · ceased 1 May 2017
- Mr Matthew Paul Hills · ceased 1 Sep 2017
- Mr Richard Simon Stokes · ceased 1 Sep 2017
- Mr Andrew Bryan Strange · ceased 1 Sep 2017
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedClydesdale Bank PLC
A registered charge · Created 8 May 2019 · Satisfied 10 Mar 2020
What happened
EventDateType
Change of details as a person with significant control11 February 2026PSC05 Appointment of a voluntary liquidator22 January 2026600
Removal of liquidator by court order22 January 2026LIQ10
Liquidators' statement of receipts and payments5 January 2026LIQ03
Liquidators' statement of receipts and payments14 January 2025LIQ03
+89 earlier events · 2009 to 2024
Liquidators' statement of receipts and payments12 January 2024LIQ03
Appointment of a voluntary liquidator18 January 2023600
Notice of move from Administration case to Creditors Voluntary Liquidation18 November 2022AM22 Administrator's progress report27 June 2022AM10 Administrator's progress report22 December 2021AM10 Notice of extension of period of Administration2 November 2021AM19
Administrator's progress report29 June 2021AM10 Termination of appointment as a director26 June 2021TM01 Termination of appointment as a director26 June 2021TM01 Statement of administrator's proposal18 February 2021AM03 Notice of deemed approval of proposals5 February 2021AM06
Registered office address changed5 January 2021AD01 Statement of affairs16 December 2020AM02 Appointment of an administrator7 December 2020AM01 Confirmation statement made with updates24 July 2020CS01 Satisfaction of charge in full10 March 2020MR04 Termination of appointment as a director5 March 2020TM01 Appointment as a director26 September 2019AP01 Full accounts made up7 August 2019AA Confirmation statement made with updates28 June 2019CS01 Memorandum and Articles of Association30 May 2019MA Registration of charge , created13 May 2019MR01 Notification as a person with significant control26 April 2019PSC02 Cessation as a person with significant control26 April 2019PSC07 Cessation as a person with significant control26 April 2019PSC07 Cessation as a person with significant control26 April 2019PSC07 Cessation as a person with significant control26 April 2019PSC07 Termination of appointment as a director31 January 2019TM01 Termination of appointment as a secretary31 January 2019TM02 Statement of capital following an allotment of shares6 August 2018SH01 Full accounts made up31 July 2018AA Consolidation of shares16 July 2018SH02 Statement of capital following an allotment of shares16 July 2018SH01 Particulars of variation of rights attached to shares16 July 2018SH10 Change of share class name or designation16 July 2018SH08 Confirmation statement made with no updates30 May 2018CS01 Termination of appointment as a director4 September 2017TM01 Notification as a person with significant control4 September 2017PSC01 Appointment as a director4 September 2017AP01 Cessation as a person with significant control4 September 2017PSC07 Termination of appointment as a director4 September 2017TM01 Cessation as a person with significant control4 September 2017PSC07 Confirmation statement made with updates26 May 2017CS01 Registered office address changed6 March 2017AD01 Total exemption small company accounts made up27 February 2017AA Director's details changed28 September 2016CH01 Current accounting period extended1 August 2016AA01 Annual return made up with full list of shareholders23 May 2016AR01 Director's details changed25 April 2016CH01 Director's details changed25 April 2016CH01 Director's details changed25 April 2016CH01 Director's details changed25 April 2016CH01 Total exemption small company accounts made up22 February 2016AA Annual return made up with full list of shareholders11 June 2015AR01 Total exemption small company accounts made up11 March 2015AA Annual return made up with full list of shareholders29 May 2014AR01 Appointment as a director5 March 2014AP01 Total exemption small company accounts made up3 March 2014AA Annual return made up with full list of shareholders22 May 2013AR01 Director's details changed22 May 2013CH01 Termination of appointment as a director25 January 2013TM01 Total exemption small company accounts made up4 December 2012AA Annual return made up with full list of shareholders8 June 2012AR01 Appointment as a director6 March 2012AP01 Total exemption small company accounts made up27 February 2012AA Annual return made up with full list of shareholders14 June 2011AR01 Termination of appointment as a director17 March 2011TM01 Full accounts made up21 February 2011AA Termination of appointment as a director16 December 2010TM01 Appointment as a director16 December 2010AP01 Appointment as a director16 December 2010AP01 Change of share class name or designation13 December 2010SH08 Annual return made up with full list of shareholders3 June 2010AR01 Statement of company's objects11 February 2010CC04
Sub-division of shares11 February 2010SH02 Statement of capital following an allotment of shares11 February 2010SH01 Appointment as a director11 February 2010AP01 Appointment as a director11 February 2010AP01 Appointment as a director11 February 2010AP01 Certificate of change of name22 May 2009CERTNM Incorporation19 May 2009NEWINC 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 companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Network Direct Limited in creditors' voluntary liquidation?
- Yes. Network Direct Limited (company number 06909716) entered creditors' voluntary liquidation on 18 November 2022, by its creditors. Sean Bucknall of null was appointed as liquidator.
- Who is the liquidator of Network Direct Limited?
- Sean Bucknall, a licensed insolvency practitioner at null, was appointed liquidator of Network Direct Limited on 18 November 2022. Creditors can contact the liquidator directly to submit a claim.
- What does Network Direct Limited do?
- Network Direct Limited's registered nature of business is other activities auxiliary to insurance and pension funding (SIC 66290).
- Where is Network Direct Limited based?
- Network Direct Limited's registered office is Office D Beresford House, Town Quay, Southampton, SO14 2AQ. The registered office is the address held on the public register, which is not always the trading address.
- When was Network Direct Limited founded?
- Network Direct Limited was incorporated on 19 May 2009, 13 years before the liquidator was appointed.
- What is Network Direct Limited's company number?
- Network Direct Limited's registered company number is 06909716.
- Who has significant control of Network Direct Limited?
- 1 active person with significant control over Network Direct Limited is on the register: Argentis Group Ltd.
- What does liquidation mean for creditors of Network Direct 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 Network Direct 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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