Is Preston EV Limited in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, Preston EV Limited (company number 10621107) entered creditors' voluntary liquidation on 2 June 2025, by its creditors. Paul Ellison of KRE Corporate Recovery Limited was appointed as liquidator.
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Preston EV 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
Administration
19 September 2024
Creditors' voluntary liquidation
2 June 2025 · KRE Corporate Recovery Limited
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 10621107 |
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| Incorporated | 15 February 2017 (9 years old) |
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| Registered office | C/O Kre Corporate Recovery Limited, Unit 8 The Aquarium, 1-7 King Street, Reading, Berkshire, RG1 2AN |
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| Nature of business (SIC) | 74909: Other professional, scientific and technical activities n.e.c. |
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| Date entered creditors' voluntary liquidation | 2 June 2025 |
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| Liquidator | Paul Ellison, KRE Corporate Recovery Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
Preston EV Limited is a UK limited company based in Reading, incorporated in 2017 and 8 years old when the liquidator was appointed. Its registered activity is other professional, scientific and technical activities n.e.c. (SIC 74909). There have been 5 director appointments since incorporation, of which 3 were on the board when the liquidator was appointed, alongside 2 people with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
5 people have been appointed as directors of Preston EV 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 Mark Andrew Preston
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Mr Michael John Potts
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
1 ceased control
- Mr Michael John Potts · ceased 14 Feb 2019
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingPreston Motorsport Limited
A registered charge · Created 21 May 2024 · Pending
What happened
EventDateType
Appointment of a voluntary liquidator5 June 2025600
Notice of move from Administration case to Creditors Voluntary Liquidation2 June 2025AM22 Administrator's progress report18 April 2025AM10 Notice of deemed approval of proposals4 December 2024AM06
Statement of administrator's proposal9 November 2024AM03 +55 earlier events · 2017 to 2024
Registered office address changed19 September 2024AD01 Appointment of an administrator19 September 2024AM01 Total exemption full accounts made up7 August 2024AA Registration of charge , created6 June 2024MR01 Confirmation statement made with updates29 February 2024CS01 Change of details as a person with significant control14 February 2024PSC04 Director's details changed14 February 2024CH01 Statement of capital following an allotment of shares26 January 2024SH01 Second filing of a statement of capital following an allotment of shares24 January 2024RP04SH01 Termination of appointment as a director20 December 2023TM01 Statement of capital following an allotment of shares25 September 2023SH01 Total exemption full accounts made up17 July 2023AA Confirmation statement made with no updates21 February 2023CS01 Total exemption full accounts made up6 September 2022AA Confirmation statement made with updates9 March 2022CS01 Total exemption full accounts made up16 December 2021AA Change of details as a person with significant control13 October 2021PSC04 Director's details changed11 October 2021CH01 Secretary's details changed11 October 2021CH03 Memorandum and Articles of Association9 July 2021MA Statement of capital following an allotment of shares2 July 2021SH01 Statement of capital following an allotment of shares2 July 2021SH01 Appointment as a director29 June 2021AP01 Confirmation statement made with updates9 April 2021CS01 Second filing of Confirmation Statement dated18 March 2021RP04CS01 Second filing of a statement of capital following an allotment of shares18 March 2021RP04SH01 Total exemption full accounts made up23 September 2020AA Termination of appointment as a director21 September 2020TM01 Confirmation statement made with no updates20 February 2020CS01 Total exemption full accounts made up17 October 2019AA Change of details as a person with significant control8 April 2019PSC04 Director's details changed8 April 2019CH01 Filing · CS015 April 2019CS01 Previous accounting period shortened4 April 2019AA01 Cessation as a person with significant control20 March 2019PSC07 Registered office address changed14 March 2019AD01 Total exemption full accounts made up15 November 2018AA Statement of capital following an allotment of shares15 November 2018SH01 Previous accounting period extended1 November 2018AA01 Registered office address changed20 February 2018AD01 Statement of capital following an allotment of shares16 February 2018SH01 Statement of capital following an allotment of shares16 February 2018SH01 Confirmation statement made with updates15 February 2018CS01 Notification as a person with significant control15 February 2018PSC01 Statement of capital following an allotment of shares22 December 2017SH01 Statement of capital following an allotment of shares13 November 2017SH01 Statement of capital following an allotment of shares10 November 2017SH01 Statement of capital following an allotment of shares10 November 2017SH01 Statement of capital following an allotment of shares3 October 2017SH01 Appointment as a director24 August 2017AP01 Statement of capital following an allotment of shares21 August 2017SH01 Sub-division of shares9 August 2017SH02 Incorporation15 February 2017NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (KRE Corporate Recovery Limited). 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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Related guides
The bigger picture
Frequently asked questions
- Is Preston EV Limited in creditors' voluntary liquidation?
- Yes. Preston EV Limited (company number 10621107) entered creditors' voluntary liquidation on 2 June 2025, by its creditors. Paul Ellison of KRE Corporate Recovery Limited was appointed as liquidator.
- Who is the liquidator of Preston EV Limited?
- Paul Ellison, a licensed insolvency practitioner at KRE Corporate Recovery Limited, was appointed liquidator of Preston EV Limited on 2 June 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Preston EV Limited do?
- Preston EV Limited's registered nature of business is other professional, scientific and technical activities n.e.c. (SIC 74909).
- Where is Preston EV Limited based?
- Preston EV Limited's registered office is C/O Kre Corporate Recovery Limited, Unit 8 The Aquarium, 1-7 King Street, Reading, Berkshire, RG1 2AN. The registered office is the address held on the public register, which is not always the trading address.
- When was Preston EV Limited founded?
- Preston EV Limited was incorporated on 15 February 2017, 8 years before the liquidator was appointed.
- What is Preston EV Limited's company number?
- Preston EV Limited's registered company number is 10621107.
- Who has significant control of Preston EV Limited?
- 2 active people with significant control over Preston EV Limited are on the register: Mr Mark Andrew Preston, Mr Michael John Potts.
- Does Preston EV Limited have any outstanding charges?
- an outstanding charge is registered against Preston EV 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 Preston EV 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 Preston EV 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.