Home ›
Companies in Liquidation ›
Phillips & Young Financial Management Limited Is Phillips & Young Financial Management Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Phillips & Young Financial Management Limited (company number 02309994) entered compulsory liquidation on 22 May 1991, by order of the court.
Do you deal with companies like Phillips & Young Financial Management Limited? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
Phillips & Young Financial Management 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 |
|---|
| Company number | 02309994 |
|---|
| Previously known as | - Reasonsky Limited, Oct 1988 to Dec 1988
|
|---|
| Incorporated | 27 October 1988 (38 years old) |
|---|
| Registered office | Oakfield House, Oakfield Grove, Clifton, Bristol, BS8 2BN |
|---|
| Date entered compulsory liquidation | 22 May 1991 |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Phillips & Young Financial Management Limited is a UK limited company based in Clifton, incorporated in 1988 and 3 years old when the liquidator was appointed. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
0 people have been appointed as directors of Phillips & Young Financial Management Limited.
DirectorStatusAppointedResigned
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingMidland Bank PLC
Charge · Created 22 May 1989 · Pending
What happened
EventDateType
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
Order of court to wind up9 July 1991COCOMP
Compulsory liquidationStatus22 May 1991
+7 earlier events · 1988 to 1989
Memorandum and Articles of Association24 January 1989MEM/ARTS
Certificate of change of name29 December 1988CERTNM Incorporation27 October 1988NEWINC 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
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Phillips & Young Financial Management Limited in compulsory liquidation?
- Yes. Phillips & Young Financial Management Limited (company number 02309994) entered compulsory liquidation on 22 May 1991, by order of the court.
- Where is Phillips & Young Financial Management Limited based?
- Phillips & Young Financial Management Limited's registered office is Oakfield House, Oakfield Grove, Clifton, Bristol, BS8 2BN. The registered office is the address held on the public register, which is not always the trading address.
- When was Phillips & Young Financial Management Limited founded?
- Phillips & Young Financial Management Limited was incorporated on 27 October 1988, 3 years before the liquidator was appointed.
- What is Phillips & Young Financial Management Limited's company number?
- Phillips & Young Financial Management Limited's registered company number is 02309994.
- Does Phillips & Young Financial Management Limited have any outstanding charges?
- an outstanding charge is registered against Phillips & Young Financial Management Limited out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Phillips & Young Financial Management 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 Phillips & Young Financial Management 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.
Report an error on this page·Not financial, credit or legal advice.