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Power Tool Solutions Limited Is Power Tool Solutions Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Power Tool Solutions Limited (company number 03663586) entered creditors' voluntary liquidation on 5 December 2025, by its creditors. Louise Williams of null was appointed as liquidator.
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Power Tool Solutions 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 03663586 |
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| Previously known as | - Prime Entertainment (Newark) Limited, Nov 1998 to Aug 2005
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| Incorporated | 6 November 1998 (28 years old) |
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| Registered office | 1 Radian Court, Knowlhill, Milton Keynes, MK5 8PJ |
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| Nature of business (SIC) | 33140: Repair of electrical equipment (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 5 December 2025 |
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| Liquidator | Louise Williams, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Power Tool Solutions Limited is a manufacturing business based in Milton Keynes, incorporated in 1998 and 27 years old when the liquidator was appointed. Its registered activity is repair of electrical equipment (SIC 33140). There have been 5 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 3 charges have been registered against the company, all of which are recorded as satisfied.
Directors
5 people have been appointed as directors of Power Tool Solutions Limited.
DirectorStatusAppointedResigned
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.
Mr Martin Alex Watkins
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
SatisfiedUltimate Finance LTD
A registered charge · Created 11 Oct 2018 · Satisfied 1 Aug 2025
SatisfiedAshley Commercial Finance Limited
A registered charge · Created 20 Oct 2015 · Satisfied 17 Oct 2018
SatisfiedAldermore Bank PLC
A registered charge · Created 25 Apr 2014 · Satisfied 28 Nov 2015
What happened
EventDateType
Registered office address changed10 December 2025AD01 Appointment of a voluntary liquidator10 December 2025600
Statement of affairs10 December 2025LIQ02
Creditors' voluntary liquidationStatus5 December 2025
+73 earlier events · 1998 to 2025
Termination of appointment as a director6 November 2025TM01 Previous accounting period shortened23 September 2025AA01 Satisfaction of charge in full1 August 2025MR04 Confirmation statement made with no updates12 November 2024CS01 Total exemption full accounts made up30 September 2024AA Confirmation statement made with no updates9 November 2023CS01 Total exemption full accounts made up22 September 2023AA Confirmation statement made with no updates8 December 2022CS01 Appointment as a director14 September 2022AP01 Total exemption full accounts made up22 April 2022AA Confirmation statement made with no updates18 November 2021CS01 Total exemption full accounts made up14 May 2021AA Confirmation statement made with no updates9 November 2020CS01 Total exemption full accounts made up18 June 2020AA Confirmation statement made with no updates20 November 2019CS01 Total exemption full accounts made up2 April 2019AA Confirmation statement made with no updates7 November 2018CS01 Satisfaction of charge in full17 October 2018MR04 Registration of charge , created11 October 2018MR01 Total exemption full accounts made up22 March 2018AA Confirmation statement made with no updates7 November 2017CS01 Total exemption full accounts made up26 May 2017AA Confirmation statement made with updates9 November 2016CS01 Total exemption small company accounts made up24 June 2016AA Annual return made up with full list of shareholders2 December 2015AR01 Satisfaction of charge in full28 November 2015MR04 Registration of charge , created21 October 2015MR01 Total exemption small company accounts made up25 June 2015AA Annual return made up with full list of shareholders25 November 2014AR01 Total exemption small company accounts made up27 May 2014AA Registration of charge29 April 2014MR01 Annual return made up with full list of shareholders14 November 2013AR01 Total exemption small company accounts made up16 August 2013AA Annual return made up with full list of shareholders16 November 2012AR01 Total exemption small company accounts made up3 July 2012AA Annual return made up with full list of shareholders7 November 2011AR01 Total exemption small company accounts made up26 August 2011AA Termination of appointment as a director22 August 2011TM01 Annual return made up with full list of shareholders9 November 2010AR01 Registered office address changed26 October 2010AD01 Total exemption small company accounts made up1 June 2010AA Director's details changed13 November 2009CH01 Annual return made up with full list of shareholders13 November 2009AR01 Director's details changed13 November 2009CH01 Total exemption small company accounts made up1 April 2009AA Legacy10 December 2008287 Legacy10 December 2008363a Legacy10 December 2008190
Legacy10 December 2008353
Total exemption small company accounts made up22 July 2008AA Legacy2 January 2008353
Legacy2 January 2008190
Legacy18 December 2007287 Total exemption full accounts made up31 October 2007AA Total exemption small company accounts made up5 February 2007AA Legacy11 January 2007363s Accounts for a dormant company made up27 September 2005AA Certificate of change of name26 August 2005CERTNM Accounts for a dormant company made up13 September 2004AA Accounts for a dormant company made up2 October 2003AA Legacy21 November 2002363s Total exemption small company accounts made up23 August 2002AA Legacy14 February 2002363s Accounts for a dormant company made up26 September 2001AA Accounts for a small company made up14 September 2000AA Legacy3 December 1999363s Legacy9 November 1998288b Incorporation6 November 1998NEWINC 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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See how Protect works, £24/mo →Other manufacturing companies in creditors' voluntary liquidation
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The bigger picture
Frequently asked questions
- Is Power Tool Solutions Limited in creditors' voluntary liquidation?
- Yes. Power Tool Solutions Limited (company number 03663586) entered creditors' voluntary liquidation on 5 December 2025, by its creditors. Louise Williams of null was appointed as liquidator.
- Who is the liquidator of Power Tool Solutions Limited?
- Louise Williams, a licensed insolvency practitioner at null, was appointed liquidator of Power Tool Solutions Limited on 5 December 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Power Tool Solutions Limited do?
- Power Tool Solutions Limited's registered nature of business is repair of electrical equipment (SIC 33140). It is classified in the manufacturing sector.
- Where is Power Tool Solutions Limited based?
- Power Tool Solutions Limited's registered office is 1 Radian Court, Knowlhill, Milton Keynes, MK5 8PJ. The registered office is the address held on the public register, which is not always the trading address.
- When was Power Tool Solutions Limited founded?
- Power Tool Solutions Limited was incorporated on 6 November 1998, 27 years before the liquidator was appointed.
- What is Power Tool Solutions Limited's company number?
- Power Tool Solutions Limited's registered company number is 03663586.
- Who has significant control of Power Tool Solutions Limited?
- 1 active person with significant control over Power Tool Solutions Limited is on the register: Mr Martin Alex Watkins.
- What does liquidation mean for creditors of Power Tool Solutions 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 Tool Solutions 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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