HomeCompanies in LiquidationPower BY Britishvolt Limited

Is Power BY Britishvolt Limited in creditors' voluntary liquidation?

Last verified 5 June 2026
In Creditors' Voluntary LiquidationYes, Power BY Britishvolt Limited (company number 12381543) entered creditors' voluntary liquidation on 28 October 2024, by its creditors. Gareth Harris of null was appointed as liquidator.

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Power BY Britishvolt Limited 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.

How the case progressed

  1. Administration
    20 January 2023
  2. Creditors' voluntary liquidation
    28 October 2024

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number12381543
Previously known as
  • Power BY Britishvolt PLC, Jul 2020 to Mar 2021
  • Power BY Britishvolt Limited, Dec 2019 to Jul 2020
Incorporated31 December 2019 (7 years old)
Registered office10th Floor 103 Colmore Row, Birmingham, B3 3AG
Nature of business (SIC)27200: Manufacture of batteries and accumulators (Manufacturing)
Date entered creditors' voluntary liquidation28 October 2024
LiquidatorGareth Harris, null (licensed insolvency practitioner)
Official noticeView the official notice ↗
Statement of AffairsFiled 22 March 2023, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Power BY Britishvolt Limited is a manufacturing business based in Birmingham, incorporated in 2019 and 5 years old when the liquidator was appointed. Its registered activity is manufacture of batteries and accumulators (SIC 27200). There have been 17 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.

Directors

17 people have been appointed as directors of Power BY Britishvolt Limited.

DirectorStatusResigned
William Bruce HarrisonActive
Tom CowlingActive
Isobel SheldonResigned29 Jan 2024
Peter Selwyn ChadlingtonResigned18 Oct 2023
Steve Colin HornbuckleResigned16 Oct 2023
Peter Edwin Rolton+ 1 otherResigned30 Jan 2023
11 former directors · resigned 2020 to 2023
Joe Bakaj+ 1 otherResigned30 Jan 2023
Tom CowlingResigned31 Aug 2022
Orral Nadjari+ 1 otherResigned24 Aug 2022
Michael SnyderResigned9 May 2022
Charles Peter Henry MorganResigned10 Feb 2022
Jolyon Robert Mark Price+ 3 othersResigned10 Feb 2022
Couroush AlaiResigned14 May 2021
Couroush AlaiResigned15 Mar 2021
Martin Edward ReynoldsResigned15 Mar 2021
Lars Eyvind CarlstromResigned16 Dec 2020
Couroush AlaiResigned21 Jul 2020

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.

3 ceased controls
  • Mr Lars Eyvind Carlstrom · ceased 31 Mar 2020
  • Mr Orral Nadjari · ceased 31 Mar 2020
  • Mr Lars Eyvind Carlstrom · ceased 17 Mar 2021

Charges register

Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.

Status · Creditor · Type · Dates
SatisfiedKatch Fund Solutions
A registered charge · Created 25 Oct 2021 · Satisfied 8 May 2024
SatisfiedHsbc UK Bank PLC
A registered charge · Created 4 Jun 2021 · Satisfied 10 Mar 2023

What happened

EventDateType
Change of membership of creditors or liquidation committee30 December 2025COM2
Liquidators' statement of receipts and payments29 December 2025LIQ03
Appointment of a voluntary liquidator21 November 2025600
Removal of liquidator by court order18 November 2025LIQ10
Notice to Registrar of Companies of Notice of disclaimer23 June 2025NDISC
321 earlier events · 2020 to 2025
Appointment of a voluntary liquidator14 May 2025600
Removal of liquidator by court order14 May 2025LIQ10
Registered office address changed7 November 2024AD01
Notice of move from Administration case to Creditors Voluntary Liquidation28 October 2024AM22
Administrator's progress report14 August 2024AM10
Satisfaction of charge in full8 May 2024MR04
Administrator's progress report22 February 2024AM10
Termination of appointment as a director3 February 2024TM01
Notice of extension of period of Administration30 December 2023AM19
Termination of appointment as a director28 October 2023TM01
Termination of appointment as a secretary25 October 2023TM02
Registered office address changed19 September 2023AD01
Administrator's progress report12 August 2023AM10
Registered office address changed9 August 2023AD01
Result of meeting of creditors1 May 2023AM07
Establishment of creditors or liquidation committee15 April 2023COM1
Statement of affairs22 March 2023AM02
Statement of administrator's proposal22 March 2023AM03
Termination of appointment as a director13 March 2023TM01
Termination of appointment as a director13 March 2023TM01
Satisfaction of charge in full10 March 2023MR04
Insolvency filing20 February 2023LIQ MISC
Appointment of an administrator20 February 2023AM01
Resolutions17 February 2023RESOLUTIONS
Registered office address changed20 January 2023AD01
Appointment of an administrator20 January 2023AM01
Change of share class name or designation13 January 2023SH08
Statement of capital following an allotment of shares9 January 2023SH01
Resolutions18 November 2022RESOLUTIONS
Second filing for the termination as a director14 September 2022RP04TM01
Termination of appointment as a secretary13 September 2022TM02
Appointment as a secretary12 September 2022AP03
Termination of appointment as a director8 September 2022TM01
Registered office address changed7 September 2022AD01
Statement of capital following an allotment of shares1 September 2022SH01
Statement of capital following an allotment of shares26 July 2022SH01
Statement of capital following an allotment of shares25 July 2022SH01
Statement of capital following an allotment of shares13 July 2022SH01
Second filing of a statement of capital following an allotment of shares11 July 2022RP04SH01
Second filing of a statement of capital following an allotment of shares11 July 2022RP04SH01
Statement of capital following an allotment of shares8 July 2022SH01
Statement of capital following an allotment of shares8 July 2022SH01
Statement of capital following an allotment of shares7 July 2022SH01
Statement of capital following an allotment of shares4 July 2022SH01
Statement of capital following an allotment of shares16 June 2022SH01
Change of share class name or designation13 June 2022SH08
Statement of capital following an allotment of shares8 June 2022SH01
Statement of capital following an allotment of shares27 May 2022SH01
Confirmation statement made with updates24 May 2022CS01
Termination of appointment as a director19 May 2022TM01
Statement of capital following an allotment of shares18 May 2022SH01
Statement of capital following an allotment of shares12 May 2022SH01
Statement of capital following an allotment of shares22 April 2022SH01
Statement of capital following an allotment of shares22 April 2022SH01
Statement of capital following an allotment of shares8 April 2022SH01
Statement of capital following an allotment of shares24 March 2022SH01
Statement of capital following an allotment of shares1 March 2022SH01
Statement of capital following an allotment of shares1 March 2022SH01
Statement of capital following an allotment of shares1 March 2022SH01
Statement of capital following an allotment of shares1 March 2022SH01
Statement of capital following an allotment of shares1 March 2022SH01
Termination of appointment as a director23 February 2022TM01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares18 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares15 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Termination of appointment as a director14 February 2022TM01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares14 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares2 February 2022SH01
Statement of capital following an allotment of shares28 January 2022SH01
Statement of capital following an allotment of shares20 January 2022SH01
Statement of capital following an allotment of shares20 January 2022SH01
Statement of capital following an allotment of shares20 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares12 January 2022SH01
Statement of capital following an allotment of shares11 January 2022SH01
Statement of capital following an allotment of shares22 December 2021SH01
Statement of capital following an allotment of shares22 December 2021SH01
Statement of capital following an allotment of shares21 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares14 December 2021SH01
Statement of capital following an allotment of shares10 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares8 December 2021SH01
Statement of capital following an allotment of shares7 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares1 December 2021SH01
Statement of capital following an allotment of shares30 November 2021SH01
Statement of capital following an allotment of shares30 November 2021SH01
Statement of capital following an allotment of shares23 November 2021SH01
Statement of capital following an allotment of shares23 November 2021SH01
Statement of capital following an allotment of shares22 November 2021SH01
Statement of capital following an allotment of shares17 November 2021SH01
Statement of capital following an allotment of shares17 November 2021SH01
Statement of capital following an allotment of shares16 November 2021SH01
Statement of capital following an allotment of shares15 November 2021SH01
Statement of capital following an allotment of shares15 November 2021SH01
Statement of capital following an allotment of shares15 November 2021SH01
Resolutions12 November 2021RESOLUTIONS
Statement of capital following an allotment of shares12 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares10 November 2021SH01
Statement of capital following an allotment of shares9 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Second filing of a statement of capital following an allotment of shares8 November 2021RP04SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Second filing of a statement of capital following an allotment of shares8 November 2021RP04SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares8 November 2021SH01
Statement of capital following an allotment of shares5 November 2021SH01
Statement of capital following an allotment of shares5 November 2021SH01
Statement of capital following an allotment of shares3 November 2021SH01
Statement of capital following an allotment of shares2 November 2021SH01
Statement of capital following an allotment of shares1 November 2021SH01
Statement of capital following an allotment of shares29 October 2021SH01
Registration of charge , created28 October 2021MR01
Statement of capital following an allotment of shares20 October 2021SH01
Statement of capital following an allotment of shares13 October 2021SH01
Statement of capital following an allotment of shares1 October 2021SH01
Statement of capital following an allotment of shares1 October 2021SH01
Current accounting period shortened23 September 2021AA01
Statement of capital following an allotment of shares21 September 2021SH01
Full accounts made up14 September 2021AA
Statement of capital following an allotment of shares6 September 2021SH01
Memorandum and Articles of Association24 August 2021MA
Resolutions24 August 2021RESOLUTIONS
Statement of capital following an allotment of shares6 August 2021SH01
Statement of capital following an allotment of shares6 August 2021SH01
Second filing of a statement of capital following an allotment of shares22 July 2021RP04SH01
Second filing of a statement of capital following an allotment of shares22 July 2021RP04SH01
Second filing of a statement of capital following an allotment of shares22 July 2021RP04SH01
Statement of capital following an allotment of shares21 July 2021SH01
Second filing of a statement of capital following an allotment of shares21 July 2021RP04SH01
Second filing of a statement of capital following an allotment of shares21 July 2021RP04SH01
Statement of capital following an allotment of shares21 July 2021SH01
Second filing of a statement of capital following an allotment of shares21 July 2021RP04SH01
Second filing of a statement of capital following an allotment of shares21 July 2021RP04SH01
Statement of capital following an allotment of shares20 July 2021SH01
Registration of charge , created25 June 2021MR01
Previous accounting period extended11 June 2021AA01
Previous accounting period shortened7 June 2021AA01
Resolutions27 May 2021RESOLUTIONS
Resolutions27 May 2021RESOLUTIONS
Confirmation statement made with updates18 May 2021CS01
Appointment as a director17 May 2021AP01
Appointment as a director14 May 2021AP01
Statement of capital following an allotment of shares14 May 2021SH01
Statement of capital following an allotment of shares14 May 2021SH01
Termination of appointment as a secretary14 May 2021TM02
Appointment as a secretary14 May 2021AP03
Re-registration of Memorandum and Articles22 March 2021MAR
Re-registration from a public company to a private limited company22 March 2021RR02
Resolutions22 March 2021RESOLUTIONS
Certificate of re-registration from Public Limited Company to Private22 March 2021CERT10
Cessation as a person with significant control19 March 2021PSC07
Director's details changed18 March 2021CH01
Termination of appointment as a director16 March 2021TM01
Appointment as a director15 March 2021AP01
Appointment as a director15 March 2021AP01
Appointment as a director15 March 2021AP01
Appointment as a director15 March 2021AP01
Termination of appointment as a director15 March 2021TM01
Registered office address changed8 January 2021AD01
Current accounting period extended6 January 2021AA01
Termination of appointment as a director23 December 2020TM01
Termination of appointment as a secretary21 December 2020TM02
Appointment as a director30 November 2020AP01
Appointment as a director30 November 2020AP01
Appointment as a director18 August 2020AP01
Appointment as a director18 August 2020AP01
Statement of capital following an allotment of shares30 July 2020SH01
Resolutions30 July 2020RESOLUTIONS
Resolutions22 July 2020RESOLUTIONS
Balance Sheet22 July 2020BS
Re-registration of Memorandum and Articles22 July 2020MAR
Certificate of re-registration from Private to Public Limited Company22 July 2020CERT5
Auditor's report22 July 2020AUDR
Auditor's statement22 July 2020AUDS
Re-registration from a private company to a public company including appointment of secretary(s)22 July 2020RR01
Sub-division of shares16 June 2020SH02
Cessation as a person with significant control9 June 2020PSC07
Cessation as a person with significant control9 June 2020PSC07
Change of details as a person with significant control9 June 2020PSC04
Change of details as a person with significant control9 June 2020PSC04
Registered office address changed7 May 2020AD01
Confirmation statement made with updates7 May 2020CS01
Notification as a person with significant control7 May 2020PSC01
Notification as a person with significant control7 May 2020PSC01
Statement of capital following an allotment of shares14 April 2020SH01
Notification as a person with significant control14 April 2020PSC01
Appointment as a director3 March 2020AP01
Appointment as a director3 March 2020AP01
Appointment as a secretary2 March 2020AP03
Incorporation31 December 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

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Other manufacturing companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

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The bigger picture

The state of UK insolvency

Frequently asked questions

Is Power BY Britishvolt Limited in creditors' voluntary liquidation?
Yes. Power BY Britishvolt Limited (company number 12381543) entered creditors' voluntary liquidation on 28 October 2024, by its creditors. Gareth Harris of null was appointed as liquidator.
Who is the liquidator of Power BY Britishvolt Limited?
Gareth Harris, a licensed insolvency practitioner at null, was appointed liquidator of Power BY Britishvolt Limited on 28 October 2024. Creditors can contact the liquidator directly to submit a claim.
What does Power BY Britishvolt Limited do?
Power BY Britishvolt Limited's registered nature of business is manufacture of batteries and accumulators (SIC 27200). It is classified in the manufacturing sector.
Where is Power BY Britishvolt Limited based?
Power BY Britishvolt Limited's registered office is 10th Floor 103 Colmore Row, Birmingham, B3 3AG. The registered office is the address held on the public register, which is not always the trading address.
When was Power BY Britishvolt Limited founded?
Power BY Britishvolt Limited was incorporated on 31 December 2019, 5 years before the liquidator was appointed.
What is Power BY Britishvolt Limited's company number?
Power BY Britishvolt Limited's registered company number is 12381543.
Who has significant control of Power BY Britishvolt Limited?
1 active person with significant control over Power BY Britishvolt Limited is on the register: Mr Orral Nadjari.
What does liquidation mean for creditors of Power BY Britishvolt 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 Power BY Britishvolt 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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