Is Psyche INC Ltd in creditors' voluntary liquidation?
Last verified 9 June 2026
Yes, Psyche INC Ltd (company number 12176514) entered creditors' voluntary liquidation on 21 May 2026, by its creditors. Philip Anthony Brooks of Blades Insolvency Services was appointed as liquidator.
Do you deal with companies like Psyche INC Ltd? 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 →
Psyche INC 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 |
|---|
| Company number | 12176514 |
|---|
| Incorporated | 27 August 2019 (7 years old) |
|---|
| Registered office | Unit 6 Earls Way, Leicester, LE4 8DL |
|---|
| Nature of business (SIC) | 46410: Wholesale of textiles (Retail) |
|---|
| Date entered creditors' voluntary liquidation | 21 May 2026 |
|---|
| Liquidator | Philip Anthony Brooks, Blades Insolvency Services (licensed insolvency practitioner) |
|---|
| Official notice | View the official notice ↗ |
|---|
| Public register | View filing history ↗ |
|---|
About the business
Psyche INC Ltd is a retail business based in Leicester, incorporated in 2019 and 7 years old when the liquidator was appointed. Its registered activity is wholesale of textiles (SIC 46410). 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. 1 charge has been registered against the company, all of which are recorded as satisfied.
Directors
2 people have been appointed as directors of Psyche INC Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Suhel Khansia
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Mr Mohammed Yusuf Iqbal Patel
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
SatisfiedLloyds Bank Commercial Finance Limited
A registered charge · Created 10 May 2021 · Satisfied 9 May 2022
What happened
EventDateType
Registered office address changed from Unit 6 Earls Way Thurmaston Leicester LE4 8DL to Charlotte House 19B Market Place Bingham Nottingham NG13 8AP on 2026-07-022 July 2026AD01 Appointment of a voluntary liquidator9 June 2026600
Statement of affairs9 June 2026LIQ02
Creditors' voluntary liquidationStatus21 May 2026
+21 earlier events · 2020 to 2025
Compulsory strike-off action has been suspended1 November 2025DISS16(SOAS) First Gazette notice for compulsory strike-off28 October 2025GAZ1 Confirmation statement made on 2025-07-29 with no updates11 August 2025CS01 Confirmation statement made on 2024-07-29 with no updates29 July 2024CS01 Total exemption full accounts made up to 2023-08-311 November 2023AA Confirmation statement made on 2023-07-29 with no updates11 September 2023CS01 Director's details changed for Mr Mohammed Yusuf Iqbal Patel on 2023-09-1111 September 2023CH01 Change of details for Mr Mohammed Yusuf Iqbal Patel as a person with significant control on 2023-09-1111 September 2023PSC04 Total exemption full accounts made up to 2022-08-316 January 2023AA Confirmation statement made on 2022-07-29 with updates5 August 2022CS01 Director's details changed for Mr Mohammed Yusuf Iqbal Patel on 2022-08-055 August 2022CH01 Change of details for Mr Mohammed Yusuf Iqbal Patel as a person with significant control on 2022-08-055 August 2022PSC04 Satisfaction of charge 121765140001 in full9 May 2022MR04 Total exemption full accounts made up to 2021-08-317 March 2022AA Confirmation statement made on 2021-07-29 with updates29 July 2021CS01 Registration of charge 121765140001, created on 2021-05-1014 May 2021MR01 Appointment of Mr Mohammed Yusuf Iqbal Patel as a director on 2020-09-0116 February 2021AP01 Total exemption full accounts made up to 2020-08-3126 January 2021AA Confirmation statement made on 2020-07-29 with updates24 August 2020CS01 Change of share class name or designation22 August 2020SH08 Change of share class name or designation22 August 2020SH08 Incorporation27 August 2019NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator (Blades Insolvency Services). 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 retail companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Psyche INC Ltd in creditors' voluntary liquidation?
- Yes. Psyche INC Ltd (company number 12176514) entered creditors' voluntary liquidation on 21 May 2026, by its creditors. Philip Anthony Brooks of Blades Insolvency Services was appointed as liquidator.
- Who is the liquidator of Psyche INC Ltd?
- Philip Anthony Brooks, a licensed insolvency practitioner at Blades Insolvency Services, was appointed liquidator of Psyche INC Ltd on 21 May 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Psyche INC Ltd do?
- Psyche INC Ltd's registered nature of business is wholesale of textiles (SIC 46410). It is classified in the retail sector.
- Where is Psyche INC Ltd based?
- Psyche INC Ltd's registered office is Unit 6 Earls Way, Leicester, LE4 8DL. The registered office is the address held on the public register, which is not always the trading address.
- When was Psyche INC Ltd founded?
- Psyche INC Ltd was incorporated on 27 August 2019, 7 years before the liquidator was appointed.
- What is Psyche INC Ltd's company number?
- Psyche INC Ltd's registered company number is 12176514.
- Who has significant control of Psyche INC Ltd?
- 2 active people with significant control over Psyche INC Ltd are on the register: Mr Suhel Khansia, Mr Mohammed Yusuf Iqbal Patel.
- What does liquidation mean for creditors of Psyche INC 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 Psyche INC 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.
Report an error on this page·Not financial, credit or legal advice.