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Portsmouth Steel Co. Limited (the) Is Portsmouth Steel Co. Limited (the) in compulsory liquidation?
Last verified 27 May 2026
Yes, Portsmouth Steel Co. Limited (the) (company number 01222760) entered compulsory liquidation on 19 January 1994, by order of the court.
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Portsmouth Steel Co. Limited (the) 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.
How the case progressed
Receivership
27 February 1985
Compulsory liquidation
19 January 1994
Company at a glance
| Status | In Compulsory Liquidation |
|---|
| Company number | 01222760 |
|---|
| Incorporated | 12 August 1975 (51 years old) |
|---|
| Registered office | Glenfield Stud, Furzeley Road, Denmead, Hants, PO7 6TS |
|---|
| Date entered compulsory liquidation | 19 January 1994 |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Portsmouth Steel Co. Limited (the) is a UK limited company based in Denmead, incorporated in 1975 and 19 years old when the liquidator was appointed. There have been 3 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed. 9 charges have been registered against the company, 9 of which are still outstanding.
Directors
3 people have been appointed as directors of Portsmouth Steel Co. Limited (the).
DirectorStatusAppointedResigned
Charges register
Secured creditors and encumbrances against the company. 9 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingPeter Scott Briggs
Legal charge · Created 7 May 1991 · Pending
OutstandingAlbany Life Assurance Company Limited
Further charge · Created 8 Sep 1989 · Pending
OutstandingJ.D. Ward (Financial Services) Limited.
Legal charge · Created 15 Oct 1987 · Pending
OutstandingAlbany Life Assurance Company Limited
Legal charge · Created 27 Feb 1985 · Pending
OutstandingBarclays Bank PLC
Debenture · Created 5 Aug 1981 · Pending
+3 earlier charges · 1979 to 1981
OutstandingBarclays Bank PLC
Legal charge · Created 5 Aug 1981 · Pending
OutstandingJulian S. Hodge & Company
Deed of covenant · Created 23 Jul 1979 · Pending
OutstandingJulian S. Hodge & Company
Marine mortgage · Created 23 Jul 1979 · Pending
OutstandingLloyds Bank PLC
Debenture · Created 27 Oct 1978 · Pending
What happened
EventDateType
Legacy2 July 1998405(2)
Receiver's abstract of receipts and payments29 August 19963.6
Receiver's abstract of receipts and payments23 August 19963.6
Receiver's abstract of receipts and payments23 August 19963.6
Legacy16 March 1994405(1)
+21 earlier events · 1986 to 1994
Order of court to wind up15 February 1994COCOMP
Compulsory liquidationStatus19 January 1994
Accounts for a small company made up5 November 1992AA Accounts for a small company made up19 June 1992AA Legacy23 February 1990287 Legacy23 February 1990363 Full group accounts made up8 February 1990AA Legacy20 September 1989363 Legacy19 September 1989395 Full group accounts made up23 March 1989AA Full group accounts made up13 April 1988AA A selection of documents registered before 1 January 19871 January 1987PRE87
ReceivershipStatus27 February 1985
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 Portsmouth Steel Co. Limited (the) in compulsory liquidation?
- Yes. Portsmouth Steel Co. Limited (the) (company number 01222760) entered compulsory liquidation on 19 January 1994, by order of the court.
- Where is Portsmouth Steel Co. Limited (the) based?
- Portsmouth Steel Co. Limited (the)'s registered office is Glenfield Stud, Furzeley Road, Denmead, Hants, PO7 6TS. The registered office is the address held on the public register, which is not always the trading address.
- When was Portsmouth Steel Co. Limited (the) founded?
- Portsmouth Steel Co. Limited (the) was incorporated on 12 August 1975, 19 years before the liquidator was appointed.
- What is Portsmouth Steel Co. Limited (the)'s company number?
- Portsmouth Steel Co. Limited (the)'s registered company number is 01222760.
- Does Portsmouth Steel Co. Limited (the) have any outstanding charges?
- 9 outstanding charges are registered against Portsmouth Steel Co. Limited (the) out of 9 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Portsmouth Steel Co. Limited (the)?
- 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 Portsmouth Steel Co. Limited (the)'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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