Is Paidium Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Paidium Limited (company number 15158564) entered compulsory liquidation on 27 November 2024, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
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Paidium 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.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 15158564 |
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| Previously known as | - Simpler Steps Ltd, Sep 2023 to Dec 2023
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| Incorporated | 23 September 2023 (3 years old) |
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| Registered office | Collingwood Buildings, 38 Collingwood Street, Newcastle Upon Tyne, NE1 1JF |
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| Nature of business (SIC) | 82990: Other business support service activities n.e.c. |
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| Date entered compulsory liquidation | 27 November 2024 |
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| Liquidator | The Official Receiver Or Newcastle, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Paidium Limited is a UK limited company based in Newcastle upon Tyne, incorporated in 2023 and 1 year old when the liquidator was appointed. Its registered activity is other business support service activities n.e.c. (SIC 82990). 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 Paidium Limited.
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 Syed Ahmed
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
2 ceased controls
- Cfs Secretaries Limited · ceased 22 Nov 2023
- Mrs Nuala Martine Thornton · ceased 22 Nov 2023
What happened
EventDateType
Order of court to wind up4 December 2024COCOMP
Compulsory liquidationStatus27 November 2024
Confirmation statement made with no updates8 December 2023CS01 Certificate of change of name8 December 2023CERTNM Registered office address changed5 December 2023AD01 +9 earlier events · 2023
Confirmation statement made with updates5 December 2023CS01 Registered office address changed5 December 2023AD01 Notification as a person with significant control4 December 2023PSC01 Appointment as a director4 December 2023AP01 Termination of appointment as a director4 December 2023TM01 Cessation as a person with significant control4 December 2023PSC07 Cessation as a person with significant control4 December 2023PSC07 Confirmation statement made with updates17 October 2023CS01 Registered office address changed17 October 2023AD01 Incorporation23 September 2023NEWINC 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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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Paidium Limited in compulsory liquidation?
- Yes. Paidium Limited (company number 15158564) entered compulsory liquidation on 27 November 2024, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
- Who is the liquidator of Paidium Limited?
- The Official Receiver Or Newcastle, a licensed insolvency practitioner at null, was appointed liquidator of Paidium Limited on 27 November 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Paidium Limited do?
- Paidium Limited's registered nature of business is other business support service activities n.e.c. (SIC 82990).
- Where is Paidium Limited based?
- Paidium Limited's registered office is Collingwood Buildings, 38 Collingwood Street, Newcastle Upon Tyne, NE1 1JF. The registered office is the address held on the public register, which is not always the trading address.
- When was Paidium Limited founded?
- Paidium Limited was incorporated on 23 September 2023, 1 year before the liquidator was appointed.
- What is Paidium Limited's company number?
- Paidium Limited's registered company number is 15158564.
- Who has significant control of Paidium Limited?
- 1 active person with significant control over Paidium Limited is on the register: Mr Syed Ahmed.
- What does liquidation mean for creditors of Paidium 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 Paidium 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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