Is Nisar Traders Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Nisar Traders Ltd (company number 11270347) entered creditors' voluntary liquidation on 19 February 2024, by its creditors. Manubhai Govindbhai Mistry of null was appointed as liquidator.
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Nisar Traders 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 | 11270347 |
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| Incorporated | 22 March 2018 (8 years old) |
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| Registered office | C/O Horsfields Belgrave Place 8, Bury, BL9 0ED |
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| Nature of business (SIC) | 46342: Wholesale of wine, beer, spirits and other alcoholic beverages (Retail) |
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| Date entered creditors' voluntary liquidation | 19 February 2024 |
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| Liquidator | Manubhai Govindbhai Mistry, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Nisar Traders Ltd is a retail business based in Bury, incorporated in 2018 and 6 years old when the liquidator was appointed. Its registered activity is wholesale of wine, beer, spirits and other alcoholic beverages (SIC 46342). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of Nisar Traders 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.
Mr Muhammad Bilal
individual person with significant control · British · England
Ownership of shares 75-100%
1 ceased control
- Mrs Ammara Nisar · ceased 11 Jul 2019
What happened
EventDateType
Return of final meeting in a creditors' voluntary winding up13 May 2026LIQ14
Liquidators' statement of receipts and payments to 2026-02-184 March 2026LIQ03
Liquidators' statement of receipts and payments to 2025-02-1829 April 2025LIQ03
Registered office address changed from 33 Selkirk Road Chadderton Oldham OL9 8AD England to C/O Horsfields Belgrave Place 8 Manchester Road Bury Lancashire BL9 0ED on 2024-02-2626 February 2024AD01 Statement of affairs26 February 2024LIQ02
+20 earlier events · 2019 to 2024
Appointment of a voluntary liquidator26 February 2024600
Creditors' voluntary liquidationStatus19 February 2024
Confirmation statement made on 2023-04-13 with no updates11 May 2023CS01 Micro company accounts made up to 2022-03-3131 March 2023AA Confirmation statement made on 2022-04-13 with no updates6 May 2022CS01 Micro company accounts made up to 2021-03-3131 December 2021AA Confirmation statement made on 2021-04-13 with no updates20 April 2021CS01 Registered office address changed from 5 Ryeburne Street Oldham OL4 2BP England to 33 Selkirk Road Chadderton Oldham OL9 8AD on 2020-08-1010 August 2020AD01 Total exemption full accounts made up to 2020-03-3114 April 2020AA Confirmation statement made on 2020-04-13 with updates13 April 2020CS01 Notification of Muhammad Bilal as a person with significant control on 2019-07-1113 April 2020PSC01 Cessation of Ammara Nisar as a person with significant control on 2019-07-1113 April 2020PSC07 Confirmation statement made on 2020-03-21 with no updates6 April 2020CS01 Micro company accounts made up to 2019-03-3120 December 2019AA Appointment of Mr Muhammad Bilal as a director on 2019-07-1111 July 2019AP01 Termination of appointment of Ammara Nisar as a director on 2019-07-1111 July 2019TM01 Compulsory strike-off action has been discontinued12 June 2019DISS40 First Gazette notice for compulsory strike-off11 June 2019GAZ1 Confirmation statement made on 2019-03-21 with no updates10 June 2019CS01 Incorporation22 March 2018NEWINC 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Nisar Traders Ltd in creditors' voluntary liquidation?
- Yes. Nisar Traders Ltd (company number 11270347) entered creditors' voluntary liquidation on 19 February 2024, by its creditors. Manubhai Govindbhai Mistry of null was appointed as liquidator.
- Who is the liquidator of Nisar Traders Ltd?
- Manubhai Govindbhai Mistry, a licensed insolvency practitioner at null, was appointed liquidator of Nisar Traders Ltd on 19 February 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Nisar Traders Ltd do?
- Nisar Traders Ltd's registered nature of business is wholesale of wine, beer, spirits and other alcoholic beverages (SIC 46342). It is classified in the retail sector.
- Where is Nisar Traders Ltd based?
- Nisar Traders Ltd's registered office is C/O Horsfields Belgrave Place 8, Bury, BL9 0ED. The registered office is the address held on the public register, which is not always the trading address.
- When was Nisar Traders Ltd founded?
- Nisar Traders Ltd was incorporated on 22 March 2018, 6 years before the liquidator was appointed.
- What is Nisar Traders Ltd's company number?
- Nisar Traders Ltd's registered company number is 11270347.
- Who has significant control of Nisar Traders Ltd?
- 1 active person with significant control over Nisar Traders Ltd is on the register: Mr Muhammad Bilal.
- What does liquidation mean for creditors of Nisar Traders 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 Nisar Traders 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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