HomeCompanies in LiquidationR1 Speed Services Ltd

Is R1 Speed Services Ltd in compulsory liquidation?

Last verified 27 May 2026
In Compulsory LiquidationYes, R1 Speed Services Ltd (company number 08937989) entered compulsory liquidation on 6 February 2019, by order of the court. The Official Receiver Or Cardiff of null was appointed as liquidator.

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R1 Speed Services Ltd is now in compulsory 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

StatusIn Compulsory Liquidation
Company number08937989
Incorporated13 March 2014 (12 years old)
Registered office102a Trinity Street, Gainsborough, DN21 1HS
Nature of business (SIC)78200: Temporary employment agency activities (Recruitment & staffing)
Date entered compulsory liquidation6 February 2019
LiquidatorThe Official Receiver Or Cardiff, null (licensed insolvency practitioner)
Public registerView filing history ↗

About the business

R1 Speed Services Ltd is a recruitment & staffing business based in Gainsborough, incorporated in 2014 and 5 years old when the liquidator was appointed. Its registered activity is temporary employment agency activities (SIC 78200). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed.

Directors

2 people have been appointed as directors of R1 Speed Services Ltd.

DirectorStatusResigned
Raimondas RibakovasActive
Kristina BuitvydaiteResigned6 Feb 2018

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

What happened

EventDateType
Order of court to wind up26 February 2019COCOMP
Order of court to wind up26 February 2019COCOMP
Compulsory liquidationStatus6 February 2019
Compulsory strike-off action has been suspended24 January 2019DISS16(SOAS)
First Gazette notice for compulsory strike-off8 January 2019GAZ1
15 earlier events · 2014 to 2018
Registered office address changed13 March 2018AD01
Cessation as a person with significant control27 February 2018PSC07
Cessation as a person with significant control27 February 2018PSC07
Appointment as a director27 February 2018AP01
Termination of appointment as a director27 February 2018TM01
Unaudited abridged accounts made up13 November 2017AA
Confirmation statement made with no updates12 October 2017CS01
Notification as a person with significant control12 October 2017PSC01
Registered office address changed27 September 2017AD01
Total exemption small company accounts made up19 December 2016AA
Confirmation statement made with updates7 November 2016CS01
Annual return made up with full list of shareholders8 April 2016AR01
Total exemption small company accounts made up10 December 2015AA
Annual return made up with full list of shareholders16 March 2015AR01
Registered office address changed19 November 2014AD01
Incorporation13 March 2014NEWINC

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

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Other recruitment & staffing companies in compulsory liquidation

All UK companies in compulsory liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is R1 Speed Services Ltd in compulsory liquidation?
Yes. R1 Speed Services Ltd (company number 08937989) entered compulsory liquidation on 6 February 2019, by order of the court. The Official Receiver Or Cardiff of null was appointed as liquidator.
Who is the liquidator of R1 Speed Services Ltd?
The Official Receiver Or Cardiff, a licensed insolvency practitioner at null, was appointed liquidator of R1 Speed Services Ltd on 6 February 2019. Creditors can contact the liquidator directly to submit a claim.
What does R1 Speed Services Ltd do?
R1 Speed Services Ltd's registered nature of business is temporary employment agency activities (SIC 78200). It is classified in the recruitment & staffing sector.
Where is R1 Speed Services Ltd based?
R1 Speed Services Ltd's registered office is 102a Trinity Street, Gainsborough, DN21 1HS. The registered office is the address held on the public register, which is not always the trading address.
When was R1 Speed Services Ltd founded?
R1 Speed Services Ltd was incorporated on 13 March 2014, 5 years before the liquidator was appointed.
What is R1 Speed Services Ltd's company number?
R1 Speed Services Ltd's registered company number is 08937989.
What does liquidation mean for creditors of R1 Speed Services 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 R1 Speed Services 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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