Is Phillips 121 Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, Phillips 121 Ltd (company number 12568136) entered compulsory liquidation on 11 March 2026, by order of the court. The Official Receiver Or Ipswich of null was appointed as liquidator.
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Phillips 121 Ltd 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 | 12568136 |
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| Previously known as | - REL Capital Ltd, Apr 2024 to Jul 2025
- REL Haulage Ltd, Feb 2021 to Apr 2024
- REL 3 Ltd, Sep 2020 to Feb 2021
- REL Solent Ltd, Jul 2020 to Sep 2020
- The Good Boiler Co Ltd, Apr 2020 to Jul 2020
|
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| Incorporated | 22 April 2020 (6 years old) |
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| Registered office | Gloucester House, 23a London Road, Peterborough, PE2 8AN |
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| Nature of business (SIC) | 70100: Activities of head offices |
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| Date entered compulsory liquidation | 11 March 2026 |
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| Liquidator | The Official Receiver Or Ipswich, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Phillips 121 Ltd is a UK limited company based in Peterborough, incorporated in 2020 and 6 years old when the liquidator was appointed. Its registered activity is activities of head offices (SIC 70100). There have been 6 director appointments since incorporation, alongside 1 person with significant control. 2 charges have been registered against the company, 1 of which is still outstanding.
Directors
6 people have been appointed as directors of Phillips 121 Ltd.
DirectorStatusAppointedResigned
Adam Lewis+ 5 othersResigned24 Jul 202322 May 2024 Adam Lewis+ 5 othersResigned27 Jul 202013 Apr 2021 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.
Rel Uk Holdings Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Since 17 Apr 2023
2 ceased controls
- Rel Uk Holdings Limited · ceased 7 Jul 2021
- Mr Ian Allan Newman · ceased 17 Apr 2023
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingRel Investment Management LTD
A registered charge · Created 26 Jun 2023 · Pending
SatisfiedSkipton Business Finance Limited
A registered charge · Created 3 Sep 2021 · Satisfied 6 Jun 2022
What happened
EventDateType
Order of court to wind up18 March 2026COCOMP
Compulsory liquidationStatus11 March 2026
Termination of appointment as a director22 October 2025TM01 Amended accounts made up30 September 2025AAMD Unaudited abridged accounts made up26 September 2025AA +43 earlier events · 2020 to 2025
Unaudited abridged accounts made up29 August 2025AA Previous accounting period shortened18 August 2025AA01 Certificate of change of name23 July 2025CERTNM Confirmation statement made with updates24 July 2024CS01 Unaudited abridged accounts made up31 May 2024AA Termination of appointment as a director23 May 2024TM01 Appointment as a director22 May 2024AP01 Confirmation statement made with updates23 April 2024CS01 Change of details as a person with significant control22 April 2024PSC05 Director's details changed19 April 2024CH01 Registered office address changed19 April 2024AD01 Certificate of change of name17 April 2024CERTNM Part of the property or undertaking has been released from charge10 April 2024MR05 Termination of appointment as a director24 July 2023TM01 Appointment as a director24 July 2023AP01 Registration of charge , created4 July 2023MR01 Termination of appointment as a director24 April 2023TM01 Confirmation statement made with updates18 April 2023CS01 Notification as a person with significant control18 April 2023PSC02 Cessation as a person with significant control18 April 2023PSC07 Confirmation statement made with updates12 January 2023CS01 Unaudited abridged accounts made up11 January 2023AA Confirmation statement made with updates5 October 2022CS01 Registered office address changed5 October 2022AD01 Appointment as a director5 September 2022AP01 Satisfaction of charge in full6 June 2022MR04 Accounts for a dormant company made up2 December 2021AA Confirmation statement made with updates8 October 2021CS01 Registration of charge , created10 September 2021MR01 Current accounting period extended25 August 2021AA01 Confirmation statement made with updates4 August 2021CS01 Notification as a person with significant control19 July 2021PSC01 Cessation as a person with significant control14 July 2021PSC07 Termination of appointment as a director14 April 2021TM01 Appointment as a director14 April 2021AP01 Registered office address changed9 September 2020AD01 Confirmation statement made with updates30 July 2020CS01 Registered office address changed30 July 2020AD01 Termination of appointment as a director30 July 2020TM01 Appointment as a director30 July 2020AP01 Incorporation22 April 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 companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Phillips 121 Ltd in compulsory liquidation?
- Yes. Phillips 121 Ltd (company number 12568136) entered compulsory liquidation on 11 March 2026, by order of the court. The Official Receiver Or Ipswich of null was appointed as liquidator.
- Who is the liquidator of Phillips 121 Ltd?
- The Official Receiver Or Ipswich, a licensed insolvency practitioner at null, was appointed liquidator of Phillips 121 Ltd on 11 March 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Phillips 121 Ltd do?
- Phillips 121 Ltd's registered nature of business is activities of head offices (SIC 70100).
- Where is Phillips 121 Ltd based?
- Phillips 121 Ltd's registered office is Gloucester House, 23a London Road, Peterborough, PE2 8AN. The registered office is the address held on the public register, which is not always the trading address.
- When was Phillips 121 Ltd founded?
- Phillips 121 Ltd was incorporated on 22 April 2020, 6 years before the liquidator was appointed.
- What is Phillips 121 Ltd's company number?
- Phillips 121 Ltd's registered company number is 12568136.
- Who has significant control of Phillips 121 Ltd?
- 1 active person with significant control over Phillips 121 Ltd is on the register: Rel Uk Holdings Limited.
- Does Phillips 121 Ltd have any outstanding charges?
- an outstanding charge is registered against Phillips 121 Ltd out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Phillips 121 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 Phillips 121 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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