HomeCompanies in LiquidationOcean Fleets Limited

Is Ocean Fleets Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Ocean Fleets Limited (company number 03567810) entered compulsory liquidation on 1 July 2005, by order of the court. The Official Receiver Or Liverpool of null was appointed as liquidator.

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Ocean Fleets Limited is now in compulsory 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

  1. Administration
    5 September 2002
  2. Compulsory liquidation
    1 July 2005

Company at a glance

StatusIn Compulsory Liquidation
Company number03567810
Previously known as
  • Plustrace Limited, May 1998 to Aug 1998
Incorporated20 May 1998 (28 years old)
Registered officeErnst & Young Llp, Corporate Restructuring, 100 Barbirolli Square, Manchester, M2 3EY
Date entered compulsory liquidation1 July 2005
LiquidatorThe Official Receiver Or Liverpool, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Ocean Fleets Limited is a UK limited company, incorporated in 1998 and 7 years old when the liquidator was appointed. There have been 6 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 5 charges have been registered against the company, 3 of which are still outstanding.

Directors

6 people have been appointed as directors of Ocean Fleets Limited.

DirectorStatusResigned
Carol Margaret SorahanActive
Peter John SorahanActive
Douglas RichmondActive
Norman Richardson+ 1 otherResigned31 Aug 1998
Swift Incorporations Limited+ 2167 othersResigned16 Jun 1998
Instant Companies Limited+ 1043 othersResigned16 Jun 1998

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

Charges register

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

Status · Creditor · Type · Dates
OutstandingBarclays Bank PLC
Debenture · Created 6 Apr 2000 · Pending
OutstandingBarclays Bank PLC
Legal charge · Created 11 Jun 1999 · Pending
SatisfiedLloyds Bank PLC
Mortgage deed · Created 10 Feb 1999 · Satisfied 9 Nov 1999
OutstandingMerseyside Special Investment Mezzanine Fund Limited
Debenture · Created 21 Aug 1998 · Pending
SatisfiedEuro Sales Finance PLC
Debenture · Created 31 Jul 1998 · Satisfied 24 Aug 2000

What happened

EventDateType
Administrator's abstract of receipts and payments17 August 20052.15
Order of court to wind up25 July 2005COCOMP
Notice of discharge of Administration Order25 July 20052.19
Compulsory liquidationStatus1 July 2005
Administrator's abstract of receipts and payments5 April 20052.15
45 earlier events · 1998 to 2004
Administrator's abstract of receipts and payments6 October 20042.15
Administrator's abstract of receipts and payments1 April 20042.15
Administrator's abstract of receipts and payments23 October 20032.15
Administrator's abstract of receipts and payments1 April 20032.15
Notice of result of meeting of creditors4 December 20022.23
Statement of administrator's proposal18 November 20022.21
Legacy20 September 2002287
Administration Order18 September 20022.7
Notice of Administration Order18 September 20022.6
AdministrationStatus5 September 2002
Legacy16 June 2002363s
Full accounts made up16 October 2001AA
Legacy4 June 2001363s
Legacy24 August 2000403a
Full accounts made up14 July 2000AA
Legacy15 June 2000363s
Legacy13 April 2000395
Legacy9 November 1999403a
Legacy3 September 1999287
Full accounts made up11 August 1999AA
Resolutions12 July 1999RESOLUTIONS
Resolutions12 July 1999RESOLUTIONS
Resolutions12 July 1999RESOLUTIONS
Resolutions12 July 1999RESOLUTIONS
Legacy5 July 199988(2)R
Legacy24 June 1999395
Legacy26 May 1999363s
Legacy13 February 1999395
Resolutions14 September 1998RESOLUTIONS
Resolutions14 September 1998RESOLUTIONS
Legacy14 September 199888(2)R
Memorandum and Articles of Association14 September 1998MEM/ARTS
Legacy14 September 1998123
Legacy8 September 1998395
Legacy3 September 1998288a
Legacy1 September 1998225
Legacy18 August 1998395
Legacy17 August 1998288a
Legacy17 August 1998288b
Certificate of change of name10 August 1998CERTNM
Legacy8 July 1998288a
Legacy8 July 1998288b
Legacy8 July 1998288b
Legacy8 July 1998287
Legacy8 July 1998288a
Incorporation20 May 1998NEWINC

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

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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 Ocean Fleets Limited in compulsory liquidation?
Yes. Ocean Fleets Limited (company number 03567810) entered compulsory liquidation on 1 July 2005, by order of the court. The Official Receiver Or Liverpool of null was appointed as liquidator.
Who is the liquidator of Ocean Fleets Limited?
The Official Receiver Or Liverpool, a licensed insolvency practitioner at null, was appointed liquidator of Ocean Fleets Limited on 1 July 2005. Creditors can contact the liquidator directly to submit a claim.
Where is Ocean Fleets Limited based?
Ocean Fleets Limited's registered office is Ernst & Young Llp, Corporate Restructuring, 100 Barbirolli Square, Manchester, M2 3EY. The registered office is the address held on the public register, which is not always the trading address.
When was Ocean Fleets Limited founded?
Ocean Fleets Limited was incorporated on 20 May 1998, 7 years before the liquidator was appointed.
What is Ocean Fleets Limited's company number?
Ocean Fleets Limited's registered company number is 03567810.
Does Ocean Fleets Limited have any outstanding charges?
3 outstanding charges are registered against Ocean Fleets Limited 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 Ocean Fleets 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 Ocean Fleets 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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