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Race Completions Limited Is Race Completions Limited in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Race Completions Limited (company number 05424866) entered creditors' voluntary liquidation on 16 December 2024, by its creditors. Gregg Sterritt of null was appointed as liquidator.
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Race Completions 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.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 05424866 |
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| Incorporated | 14 April 2005 (21 years old) |
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| Registered office | 26 Sovereign Court, Jesmond, Newcastle Upon Tyne, NE2 1JZ |
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| Nature of business (SIC) | 30990: Manufacture of other transport equipment n.e.c. (Manufacturing) |
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| Date entered creditors' voluntary liquidation | 16 December 2024 |
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| Liquidator | Gregg Sterritt, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Race Completions Limited is a manufacturing business based in Newcastle upon Tyne, incorporated in 2005 and 19 years old when the liquidator was appointed. Its registered activity is manufacture of other transport equipment n.e.c. (SIC 30990). There have been 12 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 3 of which are still outstanding.
Directors
12 people have been appointed as directors of Race Completions Limited.
DirectorStatusAppointedResigned
+6 former directors · resigned 2011 to 2016
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.
Wellington Acquisitions One Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
4 ceased controls
- Comfast Limited · ceased 22 Dec 2016
- Mr Richard Alan Crosby · ceased 22 May 2019
- Mrs Moira Anne Crosby · ceased 22 May 2019
- Causeway Aero Group Limited · ceased 27 Nov 2023
Charges register
Secured creditors and encumbrances against the company. 3 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingUpstream Trade Finance LTD
A registered charge · Created 9 Mar 2023 · Pending
OutstandingUpstream Working Capital LTD
A registered charge · Created 9 Mar 2023 · Pending
OutstandingGrowth Finance Fund General Partner Limited in Its Capacity as General Partner for and on Behalf of Growth Finance Fund LP
A registered charge · Created 10 Jun 2021 · Pending
SatisfiedThe Co-Operative Bank P.L.C.
A registered charge · Created 8 May 2015 · Satisfied 20 Jun 2016
What happened
EventDateType
Registered office address changed from 26 Sovereign Court Jesmond Newcastle upon Tyne NE2 1JZ to Flat 3 3 Leonora Tyson Mews London SE21 8GA on 2026-06-044 June 2026AD01 Liquidators' statement of receipts and payments13 February 2026LIQ03
Appointment of a voluntary liquidator8 January 2025600
Registered office address changed2 January 2025AD01 +90 earlier events · 2006 to 2024
Statement of affairs23 December 2024LIQ02
Creditors' voluntary liquidationStatus16 December 2024
Total exemption full accounts made up29 March 2024AA Confirmation statement made with updates5 December 2023CS01 Notification as a person with significant control5 December 2023PSC02 Cessation as a person with significant control5 December 2023PSC07 Appointment as a director15 November 2023AP01 Termination of appointment as a director15 November 2023TM01 Termination of appointment as a director24 October 2023TM01 Termination of appointment as a director12 September 2023TM01 Total exemption full accounts made up31 March 2023AA Registration of charge , created10 March 2023MR01 Registration of charge , created9 March 2023MR01 Confirmation statement made with no updates9 February 2023CS01 Total exemption full accounts made up30 March 2022AA Confirmation statement made with no updates30 March 2022CS01 Cessation as a person with significant control30 March 2022PSC07 Cessation as a person with significant control30 March 2022PSC07 Registration of charge , created21 June 2021MR01 Total exemption full accounts made up12 April 2021AA Confirmation statement made with no updates21 January 2021CS01 Previous accounting period extended23 December 2020AA01 Confirmation statement made with updates23 December 2020CS01 Compulsory strike-off action has been discontinued22 January 2020DISS40 Confirmation statement made with no updates21 January 2020CS01 First Gazette notice for compulsory strike-off14 January 2020GAZ1 Appointment as a director24 October 2019AP01 Total exemption full accounts made up4 September 2019AA Termination of appointment as a secretary17 June 2019TM02 Termination of appointment as a director17 June 2019TM01 Appointment as a director17 June 2019AP01 Appointment as a director17 June 2019AP01 Notification as a person with significant control17 June 2019PSC02 Total exemption full accounts made up31 October 2018AA Confirmation statement made with no updates22 October 2018CS01 Unaudited abridged accounts made up6 March 2018AA Notification as a person with significant control22 February 2018PSC01 Cessation as a person with significant control22 February 2018PSC07 Notification as a person with significant control22 February 2018PSC01 Confirmation statement made with updates22 February 2018CS01 Registered office address changed8 February 2018AD01 Compulsory strike-off action has been discontinued6 January 2018DISS40 First Gazette notice for compulsory strike-off5 December 2017GAZ1 Termination of appointment as a director23 March 2017TM01 Termination of appointment as a director23 March 2017TM01 Appointment as a secretary23 March 2017AP03 Registered office address changed23 March 2017AD01 Appointment as a director23 March 2017AP01 Confirmation statement made with updates26 October 2016CS01 Satisfaction of charge in full20 June 2016MR04 Accounts for a small company made up8 June 2016AA Registered office address changed12 April 2016AD01 Annual return made up with full list of shareholders3 November 2015AR01 Accounts for a small company made up23 July 2015AA Registration of charge , created8 May 2015MR01 Annual return made up with full list of shareholders29 April 2015AR01 Accounts for a small company made up6 October 2014AA Annual return made up with full list of shareholders16 July 2014AR01 Termination of appointment as a director5 February 2014TM01 Termination of appointment as a director5 February 2014TM01 Termination of appointment as a secretary5 February 2014TM02 Appointment as a director5 February 2014AP01 Appointment as a director5 February 2014AP01 Registered office address changed5 February 2014AD01 Previous accounting period shortened23 January 2014AA01 Total exemption small company accounts made up19 December 2013AA Annual return made up with full list of shareholders10 June 2013AR01 Total exemption small company accounts made up31 January 2013AA Annual return made up with full list of shareholders4 July 2012AR01 Statement of capital following an allotment of shares4 July 2012SH01 Total exemption small company accounts made up30 January 2012AA Termination of appointment as a director19 September 2011TM01 Annual return made up with full list of shareholders27 April 2011AR01 Total exemption small company accounts made up31 December 2010AA Director's details changed12 May 2010CH01 Director's details changed12 May 2010CH01 Director's details changed12 May 2010CH01 Annual return made up with full list of shareholders12 May 2010AR01 Total exemption full accounts made up19 January 2010AA Total exemption full accounts made up15 December 2008AA Legacy23 September 2008363s Total exemption full accounts made up29 January 2008AA Total exemption full accounts made up17 April 2007AA Legacy19 February 2007287 Incorporation14 April 2005NEWINC 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 manufacturing companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Race Completions Limited in creditors' voluntary liquidation?
- Yes. Race Completions Limited (company number 05424866) entered creditors' voluntary liquidation on 16 December 2024, by its creditors. Gregg Sterritt of null was appointed as liquidator.
- Who is the liquidator of Race Completions Limited?
- Gregg Sterritt, a licensed insolvency practitioner at null, was appointed liquidator of Race Completions Limited on 16 December 2024. Creditors can contact the liquidator directly to submit a claim.
- What does Race Completions Limited do?
- Race Completions Limited's registered nature of business is manufacture of other transport equipment n.e.c. (SIC 30990). It is classified in the manufacturing sector.
- Where is Race Completions Limited based?
- Race Completions Limited's registered office is 26 Sovereign Court, Jesmond, Newcastle Upon Tyne, NE2 1JZ. The registered office is the address held on the public register, which is not always the trading address.
- When was Race Completions Limited founded?
- Race Completions Limited was incorporated on 14 April 2005, 19 years before the liquidator was appointed.
- What is Race Completions Limited's company number?
- Race Completions Limited's registered company number is 05424866.
- Who has significant control of Race Completions Limited?
- 1 active person with significant control over Race Completions Limited is on the register: Wellington Acquisitions One Limited.
- Does Race Completions Limited have any outstanding charges?
- 3 outstanding charges are registered against Race Completions Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Race Completions 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 Race Completions 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.
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