HomeCompanies in LiquidationPBR Leisure Limited

Is PBR Leisure Limited in creditors' voluntary liquidation?

Last verified 27 May 2026
In Creditors' Voluntary LiquidationYes, PBR Leisure Limited (company number 07069167) entered creditors' voluntary liquidation on 11 November 2014, by its creditors. Anne Clare O'Keefe of null was appointed as liquidator.

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PBR Leisure Limited 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.

How the case progressed

  1. Administration
    13 November 2013
  2. Creditors' voluntary liquidation
    11 November 2014

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number07069167
Incorporated6 November 2009 (17 years old)
Registered officeThe Zenith Building, 26 Spring Gardens, Manchester, M2 1AB
Nature of business (SIC)56101: Licenced restaurants (Hospitality & food)
Date entered creditors' voluntary liquidation11 November 2014
LiquidatorAnne Clare O'Keefe, null (licensed insolvency practitioner)
Statement of AffairsFiled 17 December 2013, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

PBR Leisure Limited is a hospitality & food business based in Manchester, incorporated in 2009 and 5 years old when the liquidator was appointed. Its registered activity is licenced restaurants (SIC 56101). There have been 10 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed. 92 charges have been registered against the company, 56 of which are still outstanding.

Directors

10 people have been appointed as directors of PBR Leisure Limited.

DirectorStatusResigned
Gavin Hugh Gracie+ 1 otherActive
Broadway Secretaries Limited+ 4 othersActive
David Paul Myers+ 1 otherResigned24 Oct 2013
David NobleResigned23 Oct 2013
Saadia AhmadResigned20 Oct 2013
Broadway Secretaries Limited+ 4 othersResigned30 Nov 2012
4 former directors · resigned 2010 to 2012
T&H Secretarial Services Limited+ 2 othersResigned12 Jan 2012
Benjamin John MerrifieldResigned30 Dec 2011
Magnus John Marriage WilsonResigned22 Mar 2011
David NobleResigned20 Sep 2010

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. 56 outstanding · 36 satisfied.

Status · Creditor · Type · Dates
OutstandingThe Royal Bank of Scotland PLC (The "Security Trustee")
Debenture · Created 16 Jan 2013 · Pending
SatisfiedThe Royal Bank of Scotland PLC (Security Trustee)
Legal charge · Created 2 Nov 2012 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC (Security Trustee)
Legal charge · Created 2 Nov 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC (Security Trustee)
Legal charge · Created 2 Nov 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 11 Oct 2012 · Pending
86 earlier charges · 2009 to 2012
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 11 Oct 2012 · Satisfied 11 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 11 Oct 2012 · Satisfied 25 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 22 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 24 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 9 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 25 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 12 Nov 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 12 Nov 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 5 Sep 2012 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Security assignment · Created 27 Jul 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC (The Security Trustee)
Mortgage of property · Created 24 May 2012 · Satisfied 2 Oct 2013
OutstandingThe Royal Bank of Scotland PLC (The Security Trustee)
Mortgage of property · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Satisfied 9 Oct 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Satisfied 24 Sep 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Satisfied 25 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Satisfied 12 Nov 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
SatisfiedThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Satisfied 24 Sep 2013
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Legal charge · Created 24 May 2012 · Pending
OutstandingThe Royal Bank of Scotland PLC (The Bank)
Standard security executed on 26 october 2011 and 24 november 2011 · Created 11 Nov 2011 · Pending
OutstandingThe Royal Bank of Scotland PLC
Standard security executed on 26 october 2011 and 24 november 2011 · Created 11 Nov 2011 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 10 May 2011 · Satisfied 25 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 13 Apr 2011 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 22 Mar 2011 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 20 Sep 2010 · Satisfied 4 Oct 2013
OutstandingCredit Suisse Asset Management Immobilien Kapitalanlagegesellschaft Mbh Acting on Behalf and for Account of Cs-Euroreal an Open-Ended Real Estate Fund, Governed by the German Investment Act
Rent deposit deed · Created 20 Sep 2010 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 24 Aug 2010 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 23 Jul 2010 · Pending
OutstandingUnique Pub Properties Limited
Rent deposit deed · Created 23 Jul 2010 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 16 Jul 2010 · Satisfied 25 Sep 2013
OutstandingThe Crown Estate Commissioners on Behalf of Her Majesty Acting in Exercise of the Powers Conferred by the Crown Estate Act 1961
Rent deposit deed · Created 9 Jul 2010 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 9 Jul 2010 · Satisfied 12 Nov 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 25 Jun 2010 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 25 Jun 2010 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 25 Jun 2010 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 18 Jun 2010 · Pending
OutstandingThe Royal Bank of Scotland PLC (The "Security Trustee")
Mortgage · Created 17 May 2010 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 17 May 2010 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 30 Apr 2010 · Pending
SatisfiedLeon Philip Fisher and Ruth Fisher
Rent deposit deed · Created 23 Apr 2010 · Satisfied 12 Nov 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 23 Apr 2010 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 14 Apr 2010 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 7 Apr 2010 · Satisfied 24 Sep 2013
OutstandingLinenhall Chester Limited
Rent deposit deed · Created 28 Jan 2010 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Security assignment · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 24 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC ("Security Trustee")
Debenture · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 24 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 11 Sep 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 11 Sep 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 9 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 9 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 25 Oct 2013
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 12 Nov 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 2 Oct 2013
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
OutstandingThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Pending
SatisfiedThe Royal Bank of Scotland PLC
Legal charge · Created 15 Dec 2009 · Satisfied 22 Oct 2013

What happened

EventDateType
Restoration by order of court - previously in Creditors' Voluntary Liquidation26 September 2017REST-CVL
Final Gazette dissolved following liquidation9 May 2016GAZ2
Return of final meeting in a creditors' voluntary winding up9 February 20164.72
Notice to Registrar of Companies of Notice of disclaimer18 December 2014F10.2
Appointment of a voluntary liquidator15 December 2014600
181 earlier events · 2009 to 2014
Administrator's progress report26 November 20142.24B
Notice of move from Administration case to Creditors Voluntary Liquidation11 November 20142.34B
Administrator's progress report16 June 20142.24B
Notice of deemed approval of proposals8 January 2014F2.18
Statement of administrator's proposal27 December 20132.17B
Statement of affairs17 December 20132.16B
Appointment of an administrator19 November 20132.12B
Registered office address changed19 November 2013AD01
AdministrationStatus13 November 2013
Satisfaction of charge in full12 November 2013MR04
Satisfaction of charge in full12 November 2013MR04
Satisfaction of charge in full12 November 2013MR04
Satisfaction of charge in full12 November 2013MR04
Satisfaction of charge in full12 November 2013MR04
Satisfaction of charge in full12 November 2013MR04
Termination of appointment as a director28 October 2013TM01
Registered office address changed25 October 2013AD01
Termination of appointment as a secretary25 October 2013TM02
Appointment as a secretary25 October 2013AP04
Satisfaction of charge in full25 October 2013MR04
Satisfaction of charge in full25 October 2013MR04
Termination of appointment as a director24 October 2013TM01
Satisfaction of charge in full22 October 2013MR04
Satisfaction of charge in full22 October 2013MR04
Annual return made up with full list of shareholders20 October 2013AR01
Satisfaction of charge in full9 October 2013MR04
Satisfaction of charge in full9 October 2013MR04
Satisfaction of charge in full9 October 2013MR04
Satisfaction of charge in full9 October 2013MR04
Satisfaction of charge in full4 October 2013MR04
Satisfaction of charge in full2 October 2013MR04
Satisfaction of charge in full2 October 2013MR04
Satisfaction of charge in full25 September 2013MR04
Satisfaction of charge in full25 September 2013MR04
Satisfaction of charge in full25 September 2013MR04
Satisfaction of charge in full25 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full24 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Satisfaction of charge in full11 September 2013MR04
Full accounts made up4 June 2013AA
Full accounts made up12 February 2013AA
Previous accounting period shortened1 February 2013AA01
Legacy24 January 2013MG01
Resolutions22 January 2013RESOLUTIONS
Previous accounting period shortened14 January 2013AA01
Director's details changed17 December 2012CH01
Appointment as a secretary30 November 2012AP03
Termination of appointment as a secretary30 November 2012TM02
Legacy5 November 2012MG01
Legacy5 November 2012MG01
Legacy5 November 2012MG01
Legacy12 October 2012MG01
Legacy12 October 2012MG01
Legacy12 October 2012MG01
Register inspection address has been changed18 September 2012AD02
Annual return made up with full list of shareholders17 September 2012AR01
Legacy12 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Legacy7 September 2012MG01
Registered office address changed24 August 2012AD01
Legacy1 August 2012MG01
Registered office address changed27 July 2012AD01
Legacy14 June 2012MG01
Legacy1 June 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Legacy30 May 2012MG01
Appointment as a secretary25 January 2012AP04
Termination of appointment as a secretary25 January 2012TM02
Termination of appointment as a director10 January 2012TM01
Legacy30 November 2011MG01
Legacy30 November 2011MG01
Annual return made up with full list of shareholders20 September 2011AR01
Director's details changed20 September 2011CH01
Director's details changed19 September 2011CH01
Termination of appointment as a director1 September 2011TM01
Full accounts made up24 June 2011AA
Legacy11 May 2011MG01
Legacy14 April 2011MG01
Termination of appointment as a director28 March 2011TM01
Legacy24 March 2011MG01
Director's details changed21 January 2011CH01
Legacy2 October 2010MG01
Legacy25 September 2010MG01
Appointment as a director23 September 2010AP01
Appointment as a director23 September 2010AP01
Annual return made up with full list of shareholders20 September 2010AR01
Register(s) moved to registered inspection location17 September 2010AD03
Register inspection address has been changed17 September 2010AD02
Director's details changed17 September 2010CH01
Director's details changed17 September 2010CH01
Director's details changed17 September 2010CH01
Legacy7 September 2010MG01
Legacy3 August 2010MG01
Legacy31 July 2010MG01
Legacy24 July 2010MG01
Legacy23 July 2010MG01
Legacy13 July 2010MG01
Legacy13 July 2010MG01
Legacy29 June 2010MG01
Legacy29 June 2010MG01
Legacy29 June 2010MG01
Legacy28 May 2010MG01
Legacy19 May 2010MG01
Legacy7 May 2010MG01
Legacy29 April 2010MG01
Legacy27 April 2010MG01
Legacy21 April 2010MG01
Legacy13 April 2010MG01
Appointment as a director23 February 2010AP01
Appointment as a director23 February 2010AP01
Registered office address changed18 February 2010AD01
Legacy30 January 2010MG01
Current accounting period extended30 December 2009AA01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Legacy18 December 2009MG01
Appointment as a director15 December 2009AP01
Registered office address changed14 November 2009AD01
Incorporation6 November 2009NEWINC

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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Other hospitality & food companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

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 PBR Leisure Limited in creditors' voluntary liquidation?
Yes. PBR Leisure Limited (company number 07069167) entered creditors' voluntary liquidation on 11 November 2014, by its creditors. Anne Clare O'Keefe of null was appointed as liquidator.
Who is the liquidator of PBR Leisure Limited?
Anne Clare O'Keefe, a licensed insolvency practitioner at null, was appointed liquidator of PBR Leisure Limited on 11 November 2014. Creditors can contact the liquidator directly to submit a claim.
What does PBR Leisure Limited do?
PBR Leisure Limited's registered nature of business is licenced restaurants (SIC 56101). It is classified in the hospitality & food sector.
Where is PBR Leisure Limited based?
PBR Leisure Limited's registered office is The Zenith Building, 26 Spring Gardens, Manchester, M2 1AB. The registered office is the address held on the public register, which is not always the trading address.
When was PBR Leisure Limited founded?
PBR Leisure Limited was incorporated on 6 November 2009, 5 years before the liquidator was appointed.
What is PBR Leisure Limited's company number?
PBR Leisure Limited's registered company number is 07069167.
Does PBR Leisure Limited have any outstanding charges?
56 outstanding charges are registered against PBR Leisure Limited out of 92 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of PBR Leisure 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 PBR Leisure 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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