HomeCompanies in LiquidationOLS Tuning Ltd

Is OLS Tuning Ltd in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, OLS Tuning Ltd (company number 12193799) entered creditors' voluntary liquidation on 2 April 2024, by its creditors. David Robert Acland of null was appointed as liquidator.

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OLS Tuning 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 number12193799
Incorporated6 September 2019 (7 years old)
Registered officeC/O Frp Advisory Trading Limited. Derby House, 12 Winckley Square, Preston, Lancashire, PR1 3JJ
Nature of business (SIC)45200: Maintenance and repair of motor vehicles (Retail)
Date entered creditors' voluntary liquidation2 April 2024
LiquidatorDavid Robert Acland, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

OLS Tuning Ltd is a retail business based in Preston, incorporated in 2019 and 5 years old when the liquidator was appointed. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.

Directors

1 person has been appointed as directors of OLS Tuning Ltd.

DirectorStatusResigned
Steven John CarolanActive

Persons with significant control

Individuals or entities with significant influence or control.

What happened

EventDateType
Liquidators' statement of receipts and payments to 2026-04-018 June 2026LIQ03
Liquidators' statement of receipts and payments3 June 2025LIQ03
Resolutions22 April 2024RESOLUTIONS
Registered office address changed21 April 2024AD01
Statement of affairs21 April 2024LIQ02
10 earlier events · 2020 to 2024
Appointment of a voluntary liquidator21 April 2024600
Creditors' voluntary liquidationStatus2 April 2024
Confirmation statement made with no updates6 September 2023CS01
Total exemption full accounts made up29 June 2023AA
Confirmation statement made with updates28 September 2022CS01
Total exemption full accounts made up28 September 2022AA
Confirmation statement made with no updates28 September 2022CS01
Confirmation statement made with no updates12 September 2021CS01
Total exemption full accounts made up3 June 2021AA
Confirmation statement made with no updates7 September 2020CS01
Incorporation6 September 2019NEWINC

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

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is OLS Tuning Ltd in creditors' voluntary liquidation?
Yes. OLS Tuning Ltd (company number 12193799) entered creditors' voluntary liquidation on 2 April 2024, by its creditors. David Robert Acland of null was appointed as liquidator.
Who is the liquidator of OLS Tuning Ltd?
David Robert Acland, a licensed insolvency practitioner at null, was appointed liquidator of OLS Tuning Ltd on 2 April 2024. Creditors can contact the liquidator directly to submit a claim.
What does OLS Tuning Ltd do?
OLS Tuning Ltd's registered nature of business is maintenance and repair of motor vehicles (SIC 45200). It is classified in the retail sector.
Where is OLS Tuning Ltd based?
OLS Tuning Ltd's registered office is C/O Frp Advisory Trading Limited. Derby House, 12 Winckley Square, Preston, Lancashire, PR1 3JJ. The registered office is the address held on the public register, which is not always the trading address.
When was OLS Tuning Ltd founded?
OLS Tuning Ltd was incorporated on 6 September 2019, 5 years before the liquidator was appointed.
What is OLS Tuning Ltd's company number?
OLS Tuning Ltd's registered company number is 12193799.
Who has significant control of OLS Tuning Ltd?
1 active person with significant control over OLS Tuning Ltd is on the register: Mr Steven John Carolan.
What does liquidation mean for creditors of OLS Tuning 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 OLS Tuning 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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