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Pioneer Precision Engineering Ltd Is Pioneer Precision Engineering Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Pioneer Precision Engineering Ltd (company number 07621675) entered creditors' voluntary liquidation on 29 September 2025, by its creditors. Timothy Frank Corfield of null was appointed as liquidator.
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Pioneer Precision Engineering 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 | 07621675 |
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| Incorporated | 4 May 2011 (15 years old) |
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| Registered office | 26/28 Goodall Street, Walsall, West Midlands, WS1 1QL |
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| Nature of business (SIC) | 28490: Manufacture of other machine tools (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 29 September 2025 |
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| Liquidator | Timothy Frank Corfield, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Pioneer Precision Engineering Ltd is a manufacturing business based in Walsall, incorporated in 2011 and 14 years old when the liquidator was appointed. Its registered activity is manufacture of other machine tools (SIC 28490). There have been 3 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
3 people have been appointed as directors of Pioneer Precision Engineering Ltd.
DirectorStatusAppointedResigned
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.
Mr Paul Allen Wargent
individual person with significant control · British · England
Ownership of shares 75-100%
What happened
EventDateType
Registered office address changed17 October 2025AD01 Statement of affairs7 October 2025LIQ02
Appointment of a voluntary liquidator7 October 2025600
Registered office address changed6 October 2025AD01 +34 earlier events · 2011 to 2025
Creditors' voluntary liquidationStatus29 September 2025
Confirmation statement made with updates13 May 2025CS01 Micro company accounts made up29 December 2024AA Confirmation statement made with no updates23 May 2024CS01 Micro company accounts made up22 December 2023AA Confirmation statement made with no updates10 May 2023CS01 Micro company accounts made up28 December 2022AA Confirmation statement made with no updates16 May 2022CS01 Micro company accounts made up30 December 2021AA Confirmation statement made with updates7 June 2021CS01 Appointment as a director7 June 2021AP01 Current accounting period shortened7 July 2020AA01 Accounts for a dormant company made up4 June 2020AA Confirmation statement made with no updates5 May 2020CS01 Accounts for a dormant company made up16 July 2019AA Confirmation statement made with no updates20 May 2019CS01 Accounts for a dormant company made up18 June 2018AA Confirmation statement made with no updates8 May 2018CS01 Accounts for a dormant company made up8 June 2017AA Confirmation statement made with updates6 June 2017CS01 Accounts for a dormant company made up19 September 2016AA Annual return made up with full list of shareholders16 June 2016AR01 Accounts for a dormant company made up16 July 2015AA Annual return made up with full list of shareholders18 June 2015AR01 Accounts for a dormant company made up10 July 2014AA Annual return made up with full list of shareholders20 May 2014AR01 Accounts for a dormant company made up4 February 2014AA Annual return made up with full list of shareholders14 May 2013AR01 Accounts for a dormant company made up31 July 2012AA Annual return made up with full list of shareholders17 May 2012AR01 Register(s) moved to registered inspection location17 May 2012AD03 Register inspection address has been changed17 May 2012AD02 Appointment as a director14 November 2011AP01 Termination of appointment as a director4 May 2011TM01 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.
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Related guides
The bigger picture
Frequently asked questions
- Is Pioneer Precision Engineering Ltd in creditors' voluntary liquidation?
- Yes. Pioneer Precision Engineering Ltd (company number 07621675) entered creditors' voluntary liquidation on 29 September 2025, by its creditors. Timothy Frank Corfield of null was appointed as liquidator.
- Who is the liquidator of Pioneer Precision Engineering Ltd?
- Timothy Frank Corfield, a licensed insolvency practitioner at null, was appointed liquidator of Pioneer Precision Engineering Ltd on 29 September 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Pioneer Precision Engineering Ltd do?
- Pioneer Precision Engineering Ltd's registered nature of business is manufacture of other machine tools (SIC 28490). It is classified in the manufacturing sector.
- Where is Pioneer Precision Engineering Ltd based?
- Pioneer Precision Engineering Ltd's registered office is 26/28 Goodall Street, Walsall, West Midlands, WS1 1QL. The registered office is the address held on the public register, which is not always the trading address.
- When was Pioneer Precision Engineering Ltd founded?
- Pioneer Precision Engineering Ltd was incorporated on 4 May 2011, 14 years before the liquidator was appointed.
- What is Pioneer Precision Engineering Ltd's company number?
- Pioneer Precision Engineering Ltd's registered company number is 07621675.
- Who has significant control of Pioneer Precision Engineering Ltd?
- 1 active person with significant control over Pioneer Precision Engineering Ltd is on the register: Mr Paul Allen Wargent.
- What does liquidation mean for creditors of Pioneer Precision Engineering 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 Pioneer Precision Engineering 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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