HomeCompanies in LiquidationPlasmet (Re-Cycling) Limited

Is Plasmet (Re-Cycling) Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Plasmet (Re-Cycling) Limited (company number 02568875) entered compulsory liquidation on 12 June 1992, by order of the court.

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Plasmet (Re-Cycling) 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

StatusIn Compulsory Liquidation
Company number02568875
Previously known as
  • Speed 597 Limited, Dec 1990 to Jan 1991
Incorporated14 December 1990 (36 years old)
Registered officeUnit 2, Castle Business Precinct, Eurolink Industrial Estate,, Sittingbourne,, Kent., ME10 3RN
Date entered compulsory liquidation12 June 1992
Public registerView filing history ↗

About the business

Plasmet (Re-Cycling) Limited is a UK limited company based in Sittingbourne, incorporated in 1990 and 2 years old when the liquidator was appointed.

Directors

0 people have been appointed as directors of Plasmet (Re-Cycling) Limited.

DirectorStatusResigned

What happened

EventDateType
Order of court to wind up3 November 1992COCOMP
Compulsory liquidationStatus12 June 1992
Resolutions28 February 1991RESOLUTIONS
Legacy28 February 1991288
Certificate of change of name17 January 1991CERTNM
Legacy14 January 1991287
Incorporation14 December 1990NEWINC

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 companies in compulsory liquidation

All UK companies in compulsory 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 Plasmet (Re-Cycling) Limited in compulsory liquidation?
Yes. Plasmet (Re-Cycling) Limited (company number 02568875) entered compulsory liquidation on 12 June 1992, by order of the court.
Where is Plasmet (Re-Cycling) Limited based?
Plasmet (Re-Cycling) Limited's registered office is Unit 2, Castle Business Precinct, Eurolink Industrial Estate,, Sittingbourne,, Kent., ME10 3RN. The registered office is the address held on the public register, which is not always the trading address.
When was Plasmet (Re-Cycling) Limited founded?
Plasmet (Re-Cycling) Limited was incorporated on 14 December 1990, 2 years before the liquidator was appointed.
What is Plasmet (Re-Cycling) Limited's company number?
Plasmet (Re-Cycling) Limited's registered company number is 02568875.
What does liquidation mean for creditors of Plasmet (Re-Cycling) 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 Plasmet (Re-Cycling) 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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