HomeCompanies in LiquidationNew World Air Brake Ltd

Is New World Air Brake Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, New World Air Brake Ltd (company number 04608583) entered creditors' voluntary liquidation on 4 December 2025, by its creditors. Jason Mark Elliott of null was appointed as liquidator.

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New World Air Brake 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 number04608583
Incorporated4 December 2002 (24 years old)
Registered officeC/O Cowgills Limited, Fourth Floor Unit 5b, The Parklands, Bolton, BL6 4SD
Nature of business (SIC)46900: Non-specialised wholesale trade (Retail)
Date entered creditors' voluntary liquidation4 December 2025
LiquidatorJason Mark Elliott, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

New World Air Brake Ltd is a retail business based in Bolton, incorporated in 2002 and 23 years old when the liquidator was appointed. Its registered activity is non-specialised wholesale trade (SIC 46900). There have been 3 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control. 5 charges have been registered against the company, 2 of which are still outstanding.

Directors

3 people have been appointed as directors of New World Air Brake Ltd.

DirectorStatusResigned
Michael Peter DaviesActive
Michael Peter DaviesActive
Neil Richard CastleActive

Persons with significant control

Individuals or entities with significant influence or control.

Charges register

Secured creditors and encumbrances against the company. 2 outstanding · 3 satisfied.

Status · Creditor · Type · Dates
OutstandingLloyds Bank Commercial Finance Limited
A registered charge · Created 20 Mar 2017 · Pending
SatisfiedRbs Invoice Finance Limited
Debenture · Created 25 Oct 2010 · Satisfied 3 May 2019
OutstandingNational Westminster Bank PLC
Debenture · Created 9 Aug 2010 · Pending
SatisfiedSme Invoice Finance Limited
Debenture · Created 7 Mar 2003 · Satisfied 12 Nov 2010
SatisfiedBarclays Bank PLC
Debenture · Created 24 Feb 2003 · Satisfied 12 Nov 2010

What happened

EventDateType
Notice to Registrar of Companies of Notice of disclaimer14 January 2026NDISC
Registered office address changed11 December 2025AD01
Statement of affairs11 December 2025LIQ02
Appointment of a voluntary liquidator11 December 2025600
Resolutions11 December 2025RESOLUTIONS
77 earlier events · 2003 to 2025
Creditors' voluntary liquidationStatus4 December 2025
Total exemption full accounts made up3 April 2025AA
Confirmation statement made with no updates9 January 2025CS01
Registered office address changed11 December 2024AD01
Change of details as a person with significant control22 April 2024PSC04
Total exemption full accounts made up19 March 2024AA
Confirmation statement made with no updates11 January 2024CS01
Total exemption full accounts made up10 July 2023AA
Confirmation statement made with no updates23 December 2022CS01
Total exemption full accounts made up5 April 2022AA
Confirmation statement made with no updates19 January 2022CS01
Change of details as a person with significant control12 August 2021PSC04
Change of details as a person with significant control12 August 2021PSC04
Total exemption full accounts made up12 July 2021AA
Confirmation statement made with no updates5 January 2021CS01
Total exemption full accounts made up7 April 2020AA
Confirmation statement made with no updates4 December 2019CS01
Satisfaction of charge in full3 May 2019MR04
Total exemption full accounts made up2 May 2019AA
Confirmation statement made with no updates4 December 2018CS01
Accounts for a small company made up4 April 2018AA
Confirmation statement made with no updates18 December 2017CS01
Full accounts made up4 July 2017AA
Registration of charge , created23 March 2017MR01
Confirmation statement made with updates9 December 2016CS01
Accounts for a medium company made up12 April 2016AA
Annual return made up with full list of shareholders18 January 2016AR01
Accounts for a medium company made up15 April 2015AA
Annual return made up with full list of shareholders22 January 2015AR01
Secretary's details changed22 January 2015CH03
Director's details changed22 January 2015CH01
Accounts for a small company made up10 February 2014AA
Annual return made up with full list of shareholders6 January 2014AR01
Director's details changed6 January 2014CH01
Secretary's details changed6 January 2014CH03
Director's details changed6 January 2014CH01
Accounts for a small company made up8 April 2013AA
Annual return made up with full list of shareholders12 December 2012AR01
Total exemption small company accounts made up20 March 2012AA
Annual return made up with full list of shareholders11 January 2012AR01
Annual return made up with full list of shareholders16 February 2011AR01
Director's details changed16 February 2011CH01
Secretary's details changed16 February 2011CH03
Total exemption small company accounts made up14 January 2011AA
Legacy15 November 2010MG02
Legacy15 November 2010MG02
Director's details changed1 November 2010CH01
Legacy27 October 2010MG01
Legacy12 August 2010MG01
Total exemption small company accounts made up31 March 2010AA
Annual return made up with full list of shareholders21 January 2010AR01
Director's details changed21 January 2010CH01
Director's details changed21 January 2010CH01
Total exemption small company accounts made up6 March 2009AA
Legacy30 December 2008363a
Total exemption small company accounts made up28 April 2008AA
Legacy2 January 2008363a
Total exemption small company accounts made up21 August 2007AA
Legacy19 December 2006363a
Legacy19 December 2006190
Legacy19 December 2006353
Legacy19 December 2006287
Total exemption small company accounts made up21 April 2006AA
Legacy5 April 2006363a
Legacy5 April 2006288c
Total exemption small company accounts made up3 March 2005AA
Legacy7 February 2005363s
Resolutions13 May 2004RESOLUTIONS
Resolutions13 May 2004RESOLUTIONS
Resolutions13 May 2004RESOLUTIONS
Resolutions13 May 2004RESOLUTIONS
Legacy13 May 2004123
Total exemption small company accounts made up6 May 2004AA
Legacy9 January 2004363s
Legacy4 September 2003225
Legacy28 March 2003395
Legacy28 February 2003395
Incorporation4 December 2002NEWINC

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 retail companies in creditors' voluntary liquidation

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Related guides

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is New World Air Brake Ltd in creditors' voluntary liquidation?
Yes. New World Air Brake Ltd (company number 04608583) entered creditors' voluntary liquidation on 4 December 2025, by its creditors. Jason Mark Elliott of null was appointed as liquidator.
Who is the liquidator of New World Air Brake Ltd?
Jason Mark Elliott, a licensed insolvency practitioner at null, was appointed liquidator of New World Air Brake Ltd on 4 December 2025. Creditors can contact the liquidator directly to submit a claim.
What does New World Air Brake Ltd do?
New World Air Brake Ltd's registered nature of business is non-specialised wholesale trade (SIC 46900). It is classified in the retail sector.
Where is New World Air Brake Ltd based?
New World Air Brake Ltd's registered office is C/O Cowgills Limited, Fourth Floor Unit 5b, The Parklands, Bolton, BL6 4SD. The registered office is the address held on the public register, which is not always the trading address.
When was New World Air Brake Ltd founded?
New World Air Brake Ltd was incorporated on 4 December 2002, 23 years before the liquidator was appointed.
What is New World Air Brake Ltd's company number?
New World Air Brake Ltd's registered company number is 04608583.
Who has significant control of New World Air Brake Ltd?
2 active people with significant control over New World Air Brake Ltd are on the register: Mr Michael Peter Davies, Mr Neil Richard Castle.
Does New World Air Brake Ltd have any outstanding charges?
2 outstanding charges are registered against New World Air Brake Ltd out of 5 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of New World Air Brake 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 New World Air Brake 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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