Is Progen Power Ltd in creditors' voluntary liquidation?
Last verified 26 May 2026
Yes, Progen Power Ltd (company number 12804839) entered creditors' voluntary liquidation on 6 February 2025, by its creditors. Steven Colin Henson of null was appointed as liquidator.
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Progen Power Ltd 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 | 12804839 |
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| Previously known as | - Asap Electrical Ltd, Aug 2020 to Feb 2022
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| Incorporated | 11 August 2020 (6 years old) |
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| Registered office | Castle Hill Insolvency Ltd 1 Battle Road, Newton Abbot, TQ12 6RY |
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| Nature of business (SIC) | 43210: Electrical installation (Construction) |
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| Date entered creditors' voluntary liquidation | 6 February 2025 |
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| Liquidator | Steven Colin Henson, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Progen Power Ltd is a construction business based in Newton Abbot, incorporated in 2020 and 5 years old when the liquidator was appointed. Its registered activity is electrical installation (SIC 43210). There have been 2 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 2 people with significant control.
Directors
2 people have been appointed as directors of Progen Power Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Andrew Peter William Fairbanks
individual person with significant control · British · England
Significant influence or control
Westwoods Holdings Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
What happened
EventDateType
Liquidators' statement of receipts and payments16 April 2026LIQ03
Establishment of creditors or liquidation committee17 February 2025COM1
Statement of affairs13 February 2025LIQ02
Appointment of a voluntary liquidator13 February 2025600
+22 earlier events · 2020 to 2025
Registered office address changed from Belvedere House Pynes Hill Exeter Devon EX2 5WS England to Castle Hill Insolvency Ltd 1 Battle Road Heathfield Newton Abbot Devon TQ12 6RY on 2025-02-066 February 2025AD01 Unaudited abridged accounts made up to 2024-01-313 October 2024AA Confirmation statement made on 2024-08-10 with updates12 August 2024CS01 Unaudited abridged accounts made up to 2023-01-3123 October 2023AA Change of share class name or designation16 October 2023SH08 Memorandum and Articles of Association13 October 2023MA Particulars of variation of rights attached to shares12 October 2023SH10 Appointment of Mr Alexander James Macan as a director on 2023-10-0911 October 2023AP01 Statement of capital following an allotment of shares on 2023-10-0911 October 2023SH01 Confirmation statement made on 2023-08-10 with no updates17 August 2023CS01 Unaudited abridged accounts made up to 2022-01-3127 October 2022AA Confirmation statement made on 2022-08-10 with no updates23 August 2022CS01 Registered office address changed from Protection House 4 the Venture Centre Yeoford Way Exeter Devon EX2 8LP United Kingdom to Belvedere House Pynes Hill Exeter Devon EX2 5WS on 2022-05-055 May 2022AD01 Change of details for Westwoods Holdings Limited as a person with significant control on 2022-05-055 May 2022PSC05 Change of details for Mr Andrew Peter William Fairbanks as a person with significant control on 2022-05-055 May 2022PSC04 Director's details changed for Andrew Peter William Fairbanks on 2022-05-055 May 2022CH01 Certificate of change of name15 February 2022CERTNM Micro company accounts made up to 2021-01-3125 October 2021AA Confirmation statement made on 2021-08-10 with updates18 August 2021CS01 Notification of Andrew Peter William Fairbanks as a person with significant control on 2021-05-1111 May 2021PSC01 Current accounting period shortened from 2021-08-31 to 2021-01-3127 November 2020AA01 Incorporation11 August 2020NEWINC 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 construction companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Progen Power Ltd in creditors' voluntary liquidation?
- Yes. Progen Power Ltd (company number 12804839) entered creditors' voluntary liquidation on 6 February 2025, by its creditors. Steven Colin Henson of null was appointed as liquidator.
- Who is the liquidator of Progen Power Ltd?
- Steven Colin Henson, a licensed insolvency practitioner at null, was appointed liquidator of Progen Power Ltd on 6 February 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Progen Power Ltd do?
- Progen Power Ltd's registered nature of business is electrical installation (SIC 43210). It is classified in the construction sector.
- Where is Progen Power Ltd based?
- Progen Power Ltd's registered office is Castle Hill Insolvency Ltd 1 Battle Road, Newton Abbot, TQ12 6RY. The registered office is the address held on the public register, which is not always the trading address.
- When was Progen Power Ltd founded?
- Progen Power Ltd was incorporated on 11 August 2020, 5 years before the liquidator was appointed.
- What is Progen Power Ltd's company number?
- Progen Power Ltd's registered company number is 12804839.
- Who has significant control of Progen Power Ltd?
- 2 active people with significant control over Progen Power Ltd are on the register: Mr Andrew Peter William Fairbanks, Westwoods Holdings Limited.
- What does liquidation mean for creditors of Progen Power Ltd?
- 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 Progen Power Ltd'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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