Is Pendulum IT Ltd in creditors' voluntary liquidation?
Last verified 6 June 2026
Yes, Pendulum IT Ltd (company number 08887372) entered creditors' voluntary liquidation on 9 April 2026, by its creditors. Martin Charles Armstrong of null was appointed as liquidator.
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Pendulum IT 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.
How the case progressed
Administration
23 April 2024
Creditors' voluntary liquidation
9 April 2026
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 08887372 |
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| Previously known as | - Aqbell Systems Limited, Feb 2014 to Apr 2020
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| Incorporated | 11 February 2014 (12 years old) |
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| Registered office | Allen House, Westmead Road, Sutton, SM1 4LA |
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| Nature of business (SIC) | 62020: Information technology consultancy activities (IT & managed services) |
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| Date entered creditors' voluntary liquidation | 9 April 2026 |
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| Liquidator | Martin Charles Armstrong, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 23 July 2024, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Pendulum IT Ltd is a it & managed services business based in Sutton, incorporated in 2014 and 12 years old when the liquidator was appointed. Its registered activity is information technology consultancy activities (SIC 62020). There have been 6 director appointments since incorporation. 4 charges have been registered against the company, all of which are recorded as satisfied.
Directors
6 people have been appointed as directors of Pendulum IT Ltd.
DirectorStatusAppointedResigned
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. 0 outstanding · 4 satisfied.
Status · Creditor · Type · Dates
SatisfiedUltimate Finance Limited
A registered charge · Created 19 Jun 2023 · Satisfied 9 Apr 2024
SatisfiedTime Invoice Finance Limited
A registered charge · Created 23 Nov 2021 · Satisfied 12 Oct 2023
SatisfiedHitachi Capital (UK) PLC
A registered charge · Created 21 Oct 2020 · Satisfied 3 Dec 2021
SatisfiedBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 29 Jul 2020 · Satisfied 27 Nov 2020
What happened
EventDateType
Notice of move from Administration case to Creditors Voluntary Liquidation9 April 2026AM22 Administrator's progress report7 November 2025AM10 Administrator's progress report28 April 2025AM10 Notice of extension of period of Administration2 April 2025AM19
Administrator's progress report13 November 2024AM10 +67 earlier events · 2015 to 2024
Statement of affairs23 July 2024AM02 Notice of deemed approval of proposals24 June 2024AM06
Statement of administrator's proposal11 June 2024AM03 Termination of appointment as a director6 June 2024TM01 Cessation as a person with significant control6 June 2024PSC07 Termination of appointment as a director30 April 2024TM01 Appointment of an administrator23 April 2024AM01 Registered office address changed11 April 2024AD01 Satisfaction of charge in full9 April 2024MR04 Appointment as a director9 April 2024AP01 Termination of appointment as a secretary13 March 2024TM02 Change of details as a person with significant control12 February 2024PSC04 Director's details changed12 February 2024CH01 Confirmation statement made with no updates5 December 2023CS01 Satisfaction of charge in full12 October 2023MR04 Total exemption full accounts made up29 September 2023AA Termination of appointment as a director22 September 2023TM01 Termination of appointment as a director22 September 2023TM01 Registration of charge , created20 June 2023MR01 Second filing of a statement of capital following an allotment of shares18 April 2023RP04SH01 Appointment as a director9 March 2023AP01 Appointment as a secretary9 December 2022AP04 Confirmation statement made with updates7 December 2022CS01 Statement of capital following an allotment of shares6 December 2022SH01 Memorandum and Articles of Association27 October 2022MA Appointment as a director17 August 2022AP01 Total exemption full accounts made up29 April 2022AA Confirmation statement made with updates3 December 2021CS01 Statement of capital following an allotment of shares3 December 2021SH01 Satisfaction of charge in full3 December 2021MR04 Registration of charge , created24 November 2021MR01 Confirmation statement made with updates16 June 2021CS01 Confirmation statement made with updates4 June 2021CS01 Total exemption full accounts made up6 May 2021AA Satisfaction of charge in full27 November 2020MR04 Current accounting period shortened11 November 2020AA01 Registration of charge , created4 November 2020MR01 Registration of charge , created12 August 2020MR01 Sub-division of shares7 May 2020SH02 Confirmation statement made with updates5 May 2020CS01 Confirmation statement made with updates4 May 2020CS01 Registered office address changed4 May 2020AD01 Statement of capital following an allotment of shares1 May 2020SH01 Registered office address changed23 April 2020AD01 Termination of appointment as a director23 April 2020TM01 Notification as a person with significant control23 April 2020PSC01 Cessation as a person with significant control23 April 2020PSC07 Confirmation statement made with updates23 April 2020CS01 Appointment as a director23 April 2020AP01 Accounts for a dormant company made up28 February 2020AA Confirmation statement made with no updates26 February 2020CS01 Accounts for a dormant company made up28 February 2019AA Confirmation statement made with no updates26 February 2019CS01 Accounts for a dormant company made up12 November 2018AA Confirmation statement made with no updates26 February 2018CS01 Accounts for a dormant company made up22 November 2017AA Confirmation statement made with updates27 February 2017CS01 Accounts for a dormant company made up5 December 2016AA Annual return made up with full list of shareholders24 March 2016AR01 Accounts for a dormant company made up29 October 2015AA Annual return made up with full list of shareholders5 March 2015AR01 Incorporation11 February 2014NEWINC 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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Related guides
The bigger picture
Frequently asked questions
- Is Pendulum IT Ltd in creditors' voluntary liquidation?
- Yes. Pendulum IT Ltd (company number 08887372) entered creditors' voluntary liquidation on 9 April 2026, by its creditors. Martin Charles Armstrong of null was appointed as liquidator.
- Who is the liquidator of Pendulum IT Ltd?
- Martin Charles Armstrong, a licensed insolvency practitioner at null, was appointed liquidator of Pendulum IT Ltd on 9 April 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Pendulum IT Ltd do?
- Pendulum IT Ltd's registered nature of business is information technology consultancy activities (SIC 62020). It is classified in the it & managed services sector.
- Where is Pendulum IT Ltd based?
- Pendulum IT Ltd's registered office is Allen House, Westmead Road, Sutton, SM1 4LA. The registered office is the address held on the public register, which is not always the trading address.
- When was Pendulum IT Ltd founded?
- Pendulum IT Ltd was incorporated on 11 February 2014, 12 years before the liquidator was appointed.
- What is Pendulum IT Ltd's company number?
- Pendulum IT Ltd's registered company number is 08887372.
- What does liquidation mean for creditors of Pendulum IT 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 Pendulum IT 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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