HomeCompanies in LiquidationPrecision Audio Products Limited

Is Precision Audio Products Limited in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, Precision Audio Products Limited (company number 04211117) entered compulsory liquidation on 1 September 2005, by order of the court. The Official Receiver Or London of null was appointed as liquidator.

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Precision Audio Products 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.

How the case progressed

  1. Administration
    11 April 2003
  2. Compulsory liquidation
    1 September 2005

Company at a glance

StatusIn Compulsory Liquidation
Company number04211117
Incorporated4 May 2001 (25 years old)
Registered officeJenson House, Cardrew Industrial Estate, Redruth, Cornwall, TR15 1SS
Date entered compulsory liquidation1 September 2005
LiquidatorThe Official Receiver Or London, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

Precision Audio Products Limited is a UK limited company based in Redruth, incorporated in 2001 and 4 years old when the liquidator was appointed. There have been 5 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed. 1 charge has been registered against the company, 1 of which is still outstanding.

Directors

5 people have been appointed as directors of Precision Audio Products Limited.

DirectorStatusResigned
Michael John SowdenActive
Michael John SowdenResigned12 Dec 2005
John McFarlandResigned29 Dec 2004
Nominee Company Directors Limited+ 8 othersResigned4 May 2001
Nominee Company Secretaries Limited+ 8 othersResigned4 May 2001

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Charges register

Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.

Status · Creditor · Type · Dates
OutstandingBarclays Bank PLC
Debenture · Created 8 Oct 2001 · Pending

What happened

EventDateType
Order of court to wind up8 May 2025COCOMP
Compulsory strike-off action has been suspended14 November 2023DISS16(SOAS)
First Gazette notice for compulsory strike-off10 October 2023GAZ1
Termination of appointment as a director24 August 2023TM01
Administrator's abstract of receipts and payments31 May 20062.15
27 earlier events · 2001 to 2006
Administrator's abstract of receipts and payments31 May 20062.15
Order of court to wind up12 December 2005COCOMP
Notice of discharge of Administration Order12 December 20052.19
Compulsory liquidationStatus1 September 2005
Administrator's abstract of receipts and payments3 May 20052.15
Legacy7 January 2005288b
Administrator's abstract of receipts and payments10 December 20042.15
Administrator's abstract of receipts and payments7 May 20042.15
Administrator's abstract of receipts and payments2 December 20032.15
Statement of administrator's proposal26 June 20032.21
Administration Order17 April 20032.7
Notice of Administration Order17 April 20032.6
AdministrationStatus11 April 2003
Legacy29 May 2002288c
Legacy17 May 2002363s
Legacy15 February 2002225
Legacy27 October 200188(2)R
Legacy27 October 2001123
Resolutions27 October 2001RESOLUTIONS
Resolutions27 October 2001RESOLUTIONS
Legacy17 October 2001395
Legacy14 August 2001287
Legacy22 May 2001288a
Legacy22 May 2001288a
Legacy22 May 2001287
Legacy15 May 2001288b
Legacy15 May 2001288b
Incorporation4 May 2001NEWINC

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 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 Precision Audio Products Limited in compulsory liquidation?
Yes. Precision Audio Products Limited (company number 04211117) entered compulsory liquidation on 1 September 2005, by order of the court. The Official Receiver Or London of null was appointed as liquidator.
Who is the liquidator of Precision Audio Products Limited?
The Official Receiver Or London, a licensed insolvency practitioner at null, was appointed liquidator of Precision Audio Products Limited on 1 September 2005. Creditors can contact the liquidator directly to submit a claim.
Where is Precision Audio Products Limited based?
Precision Audio Products Limited's registered office is Jenson House, Cardrew Industrial Estate, Redruth, Cornwall, TR15 1SS. The registered office is the address held on the public register, which is not always the trading address.
When was Precision Audio Products Limited founded?
Precision Audio Products Limited was incorporated on 4 May 2001, 4 years before the liquidator was appointed.
What is Precision Audio Products Limited's company number?
Precision Audio Products Limited's registered company number is 04211117.
Does Precision Audio Products Limited have any outstanding charges?
an outstanding charge is registered against Precision Audio Products 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 Precision Audio Products 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 Precision Audio Products 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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