Is Networth Data Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Networth Data Ltd (company number 05018802) entered creditors' voluntary liquidation on 2 October 2025, by its creditors. Frazer Ulrick of null was appointed as liquidator.
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Networth Data 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 | 05018802 |
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| Incorporated | 19 January 2004 (22 years old) |
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| Registered office | Ferriby Hall, North Ferriby, HU14 3JP |
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| Nature of business (SIC) | 61100: Wired telecommunications activities |
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| Date entered creditors' voluntary liquidation | 2 October 2025 |
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| Liquidator | Frazer Ulrick, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Networth Data Ltd is a UK limited company based in North Ferriby, incorporated in 2004 and 21 years old when the liquidator was appointed. Its registered activity is wired telecommunications activities (SIC 61100). There have been 4 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 2 people with significant control.
Directors
4 people have been appointed as directors of Networth Data Ltd.
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.
Mrs Penny Jane Read
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Mr Christopher Lawrence Read
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
What happened
EventDateType
Return of final meeting in a creditors' voluntary winding up26 May 2026LIQ14
Registered office address changed from Ferriby Hall, 2 High Street North Ferriby East Riding of Yorkshire HU14 3JP to Ferriby Hall 2 High Street North Ferriby East Riding of Yorkshire HU14 3JP on 2025-10-1616 October 2025AD01 Registered office address changed from 72 Lairgate Beverley East Yorkshire HU17 8EU United Kingdom to Ferriby Hall, 2 High Street North Ferriby East Riding of Yorkshire HU14 3JP on 2025-10-1515 October 2025AD01 Statement of affairs8 October 2025LIQ02
+62 earlier events · 2004 to 2025
Appointment of a voluntary liquidator8 October 2025600
Creditors' voluntary liquidationStatus2 October 2025
Registered office address changed from 122 Chanterlands Avenue Hull East Yorkshire HU5 3TS to 72 Lairgate Beverley East Yorkshire HU17 8EU on 2025-05-1414 May 2025AD01 Confirmation statement made on 2025-01-19 with no updates7 February 2025CS01 Micro company accounts made up to 2024-01-3130 January 2025AA Confirmation statement made on 2024-01-19 with no updates19 January 2024CS01 Micro company accounts made up to 2023-01-3131 October 2023AA Micro company accounts made up to 2022-01-3131 January 2023AA Confirmation statement made on 2023-01-19 with no updates19 January 2023CS01 Micro company accounts made up to 2021-01-3131 January 2022AA Confirmation statement made on 2022-01-21 with no updates21 January 2022CS01 Confirmation statement made on 2021-05-26 with updates26 May 2021CS01 Micro company accounts made up to 2020-01-3110 March 2021AA Confirmation statement made on 2021-01-19 with no updates3 February 2021CS01 Confirmation statement made on 2020-01-19 with updates24 January 2020CS01 Statement of capital following an allotment of shares on 2018-01-2024 January 2020SH01 Micro company accounts made up to 2019-01-3130 October 2019AA Confirmation statement made on 2019-01-19 with no updates6 February 2019CS01 Micro company accounts made up to 2018-01-3131 October 2018AA Change of details for Mr Christopher Lawrence Read as a person with significant control on 2018-01-2031 October 2018PSC04 Notification of Penny Jane Read as a person with significant control on 2018-01-2031 October 2018PSC01 Statement of capital following an allotment of shares on 2018-01-2031 October 2018SH01 Confirmation statement made on 2018-01-19 with no updates19 January 2018CS01 Termination of appointment of Timothy John Winter as a secretary on 2017-11-099 November 2017TM02 Micro company accounts made up to 2017-01-3131 October 2017AA Director's details changed for Christopher Lawrence Read on 2017-02-0123 October 2017CH01 Confirmation statement made on 2017-01-19 with updates19 January 2017CS01 Total exemption small company accounts made up to 2016-01-3125 October 2016AA Annual return made up to 2016-01-19 with full list of shareholders28 January 2016AR01 Total exemption small company accounts made up to 2015-01-3130 October 2015AA Annual return made up to 2015-01-19 with full list of shareholders29 January 2015AR01 Total exemption small company accounts made up to 2014-01-3128 October 2014AA Annual return made up to 2014-01-19 with full list of shareholders5 February 2014AR01 Total exemption small company accounts made up to 2013-01-3125 October 2013AA Annual return made up to 2013-01-19 with full list of shareholders13 February 2013AR01 Total exemption small company accounts made up to 2012-01-3125 October 2012AA Annual return made up to 2012-01-19 with full list of shareholders31 January 2012AR01 Total exemption small company accounts made up to 2011-01-3125 October 2011AA Annual return made up to 2011-01-19 with full list of shareholders28 January 2011AR01 Total exemption small company accounts made up to 2010-01-3126 October 2010AA Annual return made up to 2010-01-19 with full list of shareholders29 January 2010AR01 Director's details changed for Christopher Lawrence Read on 2009-10-0129 January 2010CH01 Total exemption small company accounts made up to 2009-01-311 December 2009AA Legacy27 January 2009363a Total exemption small company accounts made up to 2008-01-3127 November 2008AA Legacy22 January 2008363a Legacy22 January 2008288c Total exemption small company accounts made up to 2007-01-3130 November 2007AA Total exemption full accounts made up to 2006-01-315 December 2006AA Total exemption full accounts made up to 2005-01-3125 November 2005AA Incorporation19 January 2004NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Networth Data Ltd in creditors' voluntary liquidation?
- Yes. Networth Data Ltd (company number 05018802) entered creditors' voluntary liquidation on 2 October 2025, by its creditors. Frazer Ulrick of null was appointed as liquidator.
- Who is the liquidator of Networth Data Ltd?
- Frazer Ulrick, a licensed insolvency practitioner at null, was appointed liquidator of Networth Data Ltd on 2 October 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Networth Data Ltd do?
- Networth Data Ltd's registered nature of business is wired telecommunications activities (SIC 61100).
- Where is Networth Data Ltd based?
- Networth Data Ltd's registered office is Ferriby Hall, North Ferriby, HU14 3JP. The registered office is the address held on the public register, which is not always the trading address.
- When was Networth Data Ltd founded?
- Networth Data Ltd was incorporated on 19 January 2004, 21 years before the liquidator was appointed.
- What is Networth Data Ltd's company number?
- Networth Data Ltd's registered company number is 05018802.
- Who has significant control of Networth Data Ltd?
- 2 active people with significant control over Networth Data Ltd are on the register: Mrs Penny Jane Read, Mr Christopher Lawrence Read.
- What does liquidation mean for creditors of Networth Data 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 Networth Data 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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