Is Payal Events Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Payal Events Ltd (company number 12724836) entered creditors' voluntary liquidation on 22 February 2024, by its creditors. Jonathan Mark Taylor of null was appointed as liquidator.
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Payal Events 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 | 12724836 |
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| Incorporated | 7 July 2020 (6 years old) |
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| Registered office | First Floor, The Portal Bridgewater Close, Network 65, Burnley, Lancashire, BB11 5TT |
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| Nature of business (SIC) | 56210: Event catering activities (Hospitality & food) |
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| Date entered creditors' voluntary liquidation | 22 February 2024 |
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| Liquidator | Jonathan Mark Taylor, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Payal Events Ltd is a hospitality & food business based in Burnley, incorporated in 2020 and 4 years old when the liquidator was appointed. Its registered activity is event catering activities (SIC 56210). 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 Payal Events Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mrs Iram Sadeeq-Gill
individual person with significant control · British · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Liquidators' statement of receipts and payments4 April 2026LIQ03
Liquidators' statement of receipts and payments12 March 2025LIQ03
Notice to Registrar of Companies of Notice of disclaimer27 November 2024NDISC
Registered office address changed21 May 2024AD01 Statement of affairs3 May 2024LIQ02
+11 earlier events · 2021 to 2024
Registered office address changed2 March 2024AD01 Appointment of a voluntary liquidator2 March 2024600
Creditors' voluntary liquidationStatus22 February 2024
Compulsory strike-off action has been suspended14 November 2023DISS16(SOAS) First Gazette notice for compulsory strike-off26 September 2023GAZ1 Confirmation statement made with no updates12 July 2023CS01 Confirmation statement made with no updates7 July 2022CS01 Micro company accounts made up23 June 2022AA Confirmation statement made with no updates22 July 2021CS01 Registered office address changed15 July 2021AD01 Incorporation7 July 2020NEWINC 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 hospitality & food companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Payal Events Ltd in creditors' voluntary liquidation?
- Yes. Payal Events Ltd (company number 12724836) entered creditors' voluntary liquidation on 22 February 2024, by its creditors. Jonathan Mark Taylor of null was appointed as liquidator.
- Who is the liquidator of Payal Events Ltd?
- Jonathan Mark Taylor, a licensed insolvency practitioner at null, was appointed liquidator of Payal Events Ltd on 22 February 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Payal Events Ltd do?
- Payal Events Ltd's registered nature of business is event catering activities (SIC 56210). It is classified in the hospitality & food sector.
- Where is Payal Events Ltd based?
- Payal Events Ltd's registered office is First Floor, The Portal Bridgewater Close, Network 65, Burnley, Lancashire, BB11 5TT. The registered office is the address held on the public register, which is not always the trading address.
- When was Payal Events Ltd founded?
- Payal Events Ltd was incorporated on 7 July 2020, 4 years before the liquidator was appointed.
- What is Payal Events Ltd's company number?
- Payal Events Ltd's registered company number is 12724836.
- Who has significant control of Payal Events Ltd?
- 1 active person with significant control over Payal Events Ltd is on the register: Mrs Iram Sadeeq-Gill.
- What does liquidation mean for creditors of Payal Events 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 Payal Events 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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