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Property Lounge (Cumbernauld) Ltd Is Property Lounge (Cumbernauld) Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Property Lounge (Cumbernauld) Ltd (company number SC417381) entered creditors' voluntary liquidation on 12 February 2024, by its creditors.
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Property Lounge (Cumbernauld) 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 | SC417381 |
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| Incorporated | 20 February 2012 (14 years old) |
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| Registered office | C/O The Prg Partnership Solicitors, 12a Bridgewater Place, Erskine, PA8 7AA |
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| Nature of business (SIC) | 68310: Real estate agencies |
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| Date entered creditors' voluntary liquidation | 12 February 2024 |
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| Public register | View filing history ↗ |
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About the business
Property Lounge (Cumbernauld) Ltd is a UK limited company based in Erskine, incorporated in 2012 and 12 years old when the liquidator was appointed. Its registered activity is real estate agencies (SIC 68310). There has been 1 director appointment since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
1 person has been appointed as directors of Property Lounge (Cumbernauld) Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Tariq Zaman
individual person with significant control · British · United Kingdom
Ownership of shares 75-100%
What happened
EventDateType
Registered office address changed31 March 2025AD01 Registered office address changed20 February 2024AD01 Creditors' voluntary liquidationStatus12 February 2024
Compulsory strike-off action has been suspended9 February 2024DISS16(SOAS) +25 earlier events · 2013 to 2024
First Gazette notice for compulsory strike-off30 January 2024GAZ1 Confirmation statement made with no updates30 March 2023CS01 Confirmation statement made with no updates5 March 2022CS01 Micro company accounts made up25 February 2022AA Confirmation statement made with no updates2 March 2021CS01 Micro company accounts made up23 February 2021AA Confirmation statement made with no updates21 February 2020CS01 Micro company accounts made up22 November 2019AA Confirmation statement made with no updates12 March 2019CS01 Micro company accounts made up16 November 2018AA Registered office address changed31 May 2018AD01 Confirmation statement made with no updates21 February 2018CS01 Micro company accounts made up18 January 2018AA Confirmation statement made with updates17 March 2017CS01 Compulsory strike-off action has been discontinued22 February 2017DISS40 Total exemption small company accounts made up21 February 2017AA First Gazette notice for compulsory strike-off31 January 2017GAZ1 Annual return made up with full list of shareholders29 February 2016AR01 Total exemption small company accounts made up13 November 2015AA Annual return made up with full list of shareholders24 April 2015AR01 Total exemption small company accounts made up27 January 2015AA Registered office address changed25 January 2015AD01 Annual return made up with full list of shareholders19 March 2014AR01 Total exemption small company accounts made up16 December 2013AA Annual return made up with full list of shareholders27 February 2013AR01 Incorporation20 February 2012NEWINC 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 Property Lounge (Cumbernauld) Ltd in creditors' voluntary liquidation?
- Yes. Property Lounge (Cumbernauld) Ltd (company number SC417381) entered creditors' voluntary liquidation on 12 February 2024, by its creditors.
- What does Property Lounge (Cumbernauld) Ltd do?
- Property Lounge (Cumbernauld) Ltd's registered nature of business is real estate agencies (SIC 68310).
- Where is Property Lounge (Cumbernauld) Ltd based?
- Property Lounge (Cumbernauld) Ltd's registered office is C/O The Prg Partnership Solicitors, 12a Bridgewater Place, Erskine, PA8 7AA. The registered office is the address held on the public register, which is not always the trading address.
- When was Property Lounge (Cumbernauld) Ltd founded?
- Property Lounge (Cumbernauld) Ltd was incorporated on 20 February 2012, 12 years before the liquidator was appointed.
- What is Property Lounge (Cumbernauld) Ltd's company number?
- Property Lounge (Cumbernauld) Ltd's registered company number is SC417381.
- Who has significant control of Property Lounge (Cumbernauld) Ltd?
- 1 active person with significant control over Property Lounge (Cumbernauld) Ltd is on the register: Mr Tariq Zaman.
- What does liquidation mean for creditors of Property Lounge (Cumbernauld) 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 Property Lounge (Cumbernauld) 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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