Is Port Living Limited in compulsory liquidation?
Last verified 27 May 2026
Yes, Port Living Limited (company number 12327349) entered compulsory liquidation on 10 September 2025, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
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Port Living 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 |
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| Company number | 12327349 |
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| Incorporated | 21 November 2019 (7 years old) |
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| Registered office | 7-19 Mosley Street, Newcastle Upon Tyne, NE1 1YE |
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| Nature of business (SIC) | 55209: Other holiday and other collective accommodation (Hospitality & food) |
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| Date entered compulsory liquidation | 10 September 2025 |
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| Liquidator | The Official Receiver Or Newcastle, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Port Living Limited is a hospitality & food business based in Newcastle upon Tyne, incorporated in 2019 and 6 years old when the liquidator was appointed. Its registered activity is other holiday and other collective accommodation (SIC 55209). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
1 person has been appointed as directors of Port Living Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Sayeed Ahmed Rashid
individual person with significant control · British · United Kingdom
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
2 ceased controls
- Mr Mohsin Latif Rashid · ceased 1 Dec 2022
- Mr Nasir Rashid · ceased 1 Dec 2022
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingReward Finance Group Limited
A registered charge · Created 10 Feb 2023 · Pending
What happened
EventDateType
Order of court to wind up15 September 2025COCOMP
Compulsory liquidationStatus10 September 2025
Compulsory strike-off action has been suspended13 February 2025DISS16(SOAS) First Gazette notice for compulsory strike-off28 January 2025GAZ1 Confirmation statement made with no updates6 March 2024CS01 +14 earlier events · 2021 to 2023
Micro company accounts made up30 November 2023AA Registration of charge , created14 February 2023MR01 Compulsory strike-off action has been discontinued8 February 2023DISS40 First Gazette notice for compulsory strike-off7 February 2023GAZ1 Notification as a person with significant control3 February 2023PSC01 Cessation as a person with significant control3 February 2023PSC07 Cessation as a person with significant control3 February 2023PSC07 Confirmation statement made with updates3 February 2023CS01 Confirmation statement made with no updates2 February 2023CS01 Micro company accounts made up31 August 2022AA Director's details changed23 February 2022CH01 Confirmation statement made with no updates4 January 2022CS01 Micro company accounts made up24 August 2021AA Confirmation statement made with no updates21 January 2021CS01 Incorporation21 November 2019NEWINC 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 hospitality & food companies in compulsory liquidation
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The bigger picture
Frequently asked questions
- Is Port Living Limited in compulsory liquidation?
- Yes. Port Living Limited (company number 12327349) entered compulsory liquidation on 10 September 2025, by order of the court. The Official Receiver Or Newcastle of null was appointed as liquidator.
- Who is the liquidator of Port Living Limited?
- The Official Receiver Or Newcastle, a licensed insolvency practitioner at null, was appointed liquidator of Port Living Limited on 10 September 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Port Living Limited do?
- Port Living Limited's registered nature of business is other holiday and other collective accommodation (SIC 55209). It is classified in the hospitality & food sector.
- Where is Port Living Limited based?
- Port Living Limited's registered office is 7-19 Mosley Street, Newcastle Upon Tyne, NE1 1YE. The registered office is the address held on the public register, which is not always the trading address.
- When was Port Living Limited founded?
- Port Living Limited was incorporated on 21 November 2019, 6 years before the liquidator was appointed.
- What is Port Living Limited's company number?
- Port Living Limited's registered company number is 12327349.
- Who has significant control of Port Living Limited?
- 1 active person with significant control over Port Living Limited is on the register: Mr Sayeed Ahmed Rashid.
- Does Port Living Limited have any outstanding charges?
- an outstanding charge is registered against Port Living 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 Port Living 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 Port Living 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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