HomeCompanies in LiquidationPortland Precision Engineering Limited

Is Portland Precision Engineering Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Portland Precision Engineering Limited (company number 01439696) entered compulsory liquidation on 27 April 1988, by order of the court.

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Portland Precision Engineering 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 number01439696
Incorporated25 July 1979 (47 years old)
Registered office29 Greenway Drive, Bolsover, Chesterfield, Derbyshire, S44 6UF
Date entered compulsory liquidation27 April 1988
Public registerView filing history ↗

About the business

Portland Precision Engineering Limited is a UK limited company based in Chesterfield, incorporated in 1979 and 9 years old when the liquidator was appointed.

Directors

0 people have been appointed as directors of Portland Precision Engineering Limited.

DirectorStatusResigned

What happened

EventDateType
Legacy9 May 1988SC71
Compulsory liquidationStatus27 April 1988
Accounts made up28 March 1988AA
A selection of documents registered before 1 January 19871 January 1987PRE87

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 Portland Precision Engineering Limited in compulsory liquidation?
Yes. Portland Precision Engineering Limited (company number 01439696) entered compulsory liquidation on 27 April 1988, by order of the court.
Where is Portland Precision Engineering Limited based?
Portland Precision Engineering Limited's registered office is 29 Greenway Drive, Bolsover, Chesterfield, Derbyshire, S44 6UF. The registered office is the address held on the public register, which is not always the trading address.
When was Portland Precision Engineering Limited founded?
Portland Precision Engineering Limited was incorporated on 25 July 1979, 9 years before the liquidator was appointed.
What is Portland Precision Engineering Limited's company number?
Portland Precision Engineering Limited's registered company number is 01439696.
What does liquidation mean for creditors of Portland Precision Engineering 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 Portland Precision Engineering 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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