Home ›
Companies in Liquidation ›
Precision Financial Limited Is Precision Financial Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Precision Financial Limited (company number 08708324) entered creditors' voluntary liquidation on 5 July 2023, by its creditors. Gareth Buckley of null was appointed as liquidator.
Do you deal with companies like Precision Financial Limited? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
Precision Financial 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 |
|---|
| Company number | 08708324 |
|---|
| Previously known as | - Think Finance Limited, Aug 2015 to Jan 2016
- SBM Financial Solutions Limited, Sep 2013 to Aug 2015
|
|---|
| Incorporated | 27 September 2013 (13 years old) |
|---|
| Registered office | Suite B Blackdown House, Blackbrook Park Avenue, Taunton, Somerset, TA1 2PX |
|---|
| Nature of business (SIC) | 73110: Advertising agencies |
|---|
| Date entered creditors' voluntary liquidation | 5 July 2023 |
|---|
| Liquidator | Gareth Buckley, null (licensed insolvency practitioner) |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Precision Financial Limited is a UK limited company based in Taunton, incorporated in 2013 and 10 years old when the liquidator was appointed. Its registered activity is advertising agencies (SIC 73110). There have been 8 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
8 people have been appointed as directors of Precision Financial 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 Bhupinder Singh Sidhu
individual person with significant control · British · Wales
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directorsRight to appoint and remove directors as firm
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedThink Claim Limited
A registered charge · Created 30 Apr 2015 · Satisfied 22 Feb 2016
What happened
EventDateType
Liquidators' statement of receipts and payments29 August 2025LIQ03
Resignation of a liquidator19 June 2025LIQ06
Registered office address changed5 February 2025AD01 Liquidators' statement of receipts and payments11 September 2024LIQ03
Appointment of a voluntary liquidator19 July 2023600
+46 earlier events · 2013 to 2023
Statement of affairs19 July 2023LIQ02
Registered office address changed19 July 2023AD01 Creditors' voluntary liquidationStatus5 July 2023
Termination of appointment as a director15 June 2023TM01 Compulsory strike-off action has been suspended10 June 2023DISS16(SOAS) First Gazette notice for compulsory strike-off23 May 2023GAZ1 Micro company accounts made up21 December 2022AA Confirmation statement made with no updates1 March 2022CS01 Micro company accounts made up22 December 2021AA Micro company accounts made up30 March 2021AA Confirmation statement made with no updates28 February 2021CS01 Confirmation statement made with updates11 March 2020CS01 Total exemption full accounts made up19 December 2019AA Confirmation statement made with no updates8 April 2019CS01 Registered office address changed8 April 2019AD01 Total exemption full accounts made up20 December 2018AA Confirmation statement made with no updates12 March 2018CS01 Unaudited abridged accounts made up11 December 2017AA Confirmation statement made with updates2 March 2017CS01 Termination of appointment as a director12 August 2016TM01 Accounts for a small company made up13 June 2016AA Appointment as a director2 June 2016AP01 Registered office address changed2 June 2016AD01 Accounts for a small company made up10 March 2016AA Annual return made up with full list of shareholders7 March 2016AR01 Satisfaction of charge in full22 February 2016MR04 Certificate of change of name22 January 2016CERTNM Termination of appointment as a secretary5 January 2016TM02 Annual return made up with full list of shareholders29 September 2015AR01 Certificate of change of name19 August 2015CERTNM Registered office address changed11 August 2015AD01 Appointment as a secretary23 July 2015AP03 Registration of charge , created19 May 2015MR01 Termination of appointment as a director16 March 2015TM01 Second filing previously delivered to Companies House made up6 January 2015RP04
Accounts for a small company made up5 January 2015AA Annual return made up with full list of shareholders30 September 2014AR01 Appointment as a director4 September 2014AP01 Appointment as a director4 September 2014AP01 Termination of appointment as a secretary2 September 2014TM02 Termination of appointment as a director2 September 2014TM01 Registered office address changed28 August 2014AD01 Termination of appointment as a director14 July 2014TM01 Appointment as a director30 May 2014AP01 Current accounting period shortened17 October 2013AA01 Incorporation27 September 2013NEWINC 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 creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Precision Financial Limited in creditors' voluntary liquidation?
- Yes. Precision Financial Limited (company number 08708324) entered creditors' voluntary liquidation on 5 July 2023, by its creditors. Gareth Buckley of null was appointed as liquidator.
- Who is the liquidator of Precision Financial Limited?
- Gareth Buckley, a licensed insolvency practitioner at null, was appointed liquidator of Precision Financial Limited on 5 July 2023. Creditors can contact the liquidator directly to submit a claim.
- What does Precision Financial Limited do?
- Precision Financial Limited's registered nature of business is advertising agencies (SIC 73110).
- Where is Precision Financial Limited based?
- Precision Financial Limited's registered office is Suite B Blackdown House, Blackbrook Park Avenue, Taunton, Somerset, TA1 2PX. The registered office is the address held on the public register, which is not always the trading address.
- When was Precision Financial Limited founded?
- Precision Financial Limited was incorporated on 27 September 2013, 10 years before the liquidator was appointed.
- What is Precision Financial Limited's company number?
- Precision Financial Limited's registered company number is 08708324.
- Who has significant control of Precision Financial Limited?
- 1 active person with significant control over Precision Financial Limited is on the register: Mr Bhupinder Singh Sidhu.
- What does liquidation mean for creditors of Precision Financial 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 Financial 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.
Report an error on this page·Not financial, credit or legal advice.